Homes for sale - 20 Roycroft AVE, Long Beach, CA 90803

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Dec

Tue

Dec

Wed

Dec

Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 2,700,000

Est. payment -/mo

Save

Active

20 Roycroft AVE Long Beach, CA 90803

2,960 SqFt

UPDATED:

12/09/2024 06:03 PM

Key Details

Property Type Commercial

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 2,960 sqft

Price per Sqft $912

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW24236413

HOA Y/N No

Year Built 1947

Lot Size 2,622 Sqft

Acres 0.0602

Property Description

Welcome to 20 Roycroft Avenue, its location doesn't get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access to recreational, entertainment, and retail choices, making it highly attractive to place to live.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Zoning LBR2S

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Individual Room

Exterior

Parking Features None

Pool None

Community Features Biking, Dog Park, Hiking, Watersports, Sidewalks

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Private Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS 1031 Exchange,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS Expenses to follow, Gross income a mixture of actual and pro-forma, please do not go on the property and disturb the tenants, some of the tenants are on month-to-month rental agreements, and some vacancies at this time including the almost completed ADU, Buyer is advised to independently verify the accuracy of all information through personal inspections, and at the City, and with appropriate professionals. Please email all offers, updated loan approval letters and recent proof of funds to mrichardskw@gmail.com

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Michael

SHOW CONTACT PH 562 889-1317

SHOW INSTRUCTIONS Subject to an accepted offer only, do not disturb tenants.

Listed by Keller Williams Pacific Estate

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

GET MORE INFORMATION

QUICK SEARCH