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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 1,485,000
Est. payment /mo
Active Under Contract
187 Roycroft Avenue Long Beach, CA 90803
1,560 SqFt
UPDATED:
11/21/2024 01:41 PM
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $951
MLS Listing ID CROC24125502
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1950
Lot Size 3,049 Sqft
Property Description
187 Roycroft Avenue is a 4-unit multifamily investment property located in the highly sought-after Belmont Shore neighborhood of Long Beach, CA. 187 Roycroft Avenue features highly desirable single-story construction with amenities including gated access, security doors, dual-pane windows, and a common area rear patio. Current ownership has invested significant capital into improvements at the property including mini-split air conditioning units and upgraded electrical panels. Additionally, in 2024 solar panels were installed at the property, helping ownership to offset operational costs. Residents of 187 Roycroft Avenue enjoy the property’s prime Belmont Shore location, just steps away from the abundance of retail, dining, and entertainment options on 2nd Street. Residents enjoy convenient access to over 4 miles of uninterrupted coastline that offer an endless amount of recreational and leisurely activities at Rosie’s Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier among others. Additionally, 187 Roycroft Avenue is also just under 2 miles from 2nd & PCH, a recently developed open-air mall, providing residents with convenient access to a plethora of popular retailers and restaurants. Furthermore, the property’s close proximity to Pacific Coast Highway p
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
Water Public
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