Long Beach, CA 90803,159 Roycroft Avenue
Long Beach, CA 90803,159 Roycroft Avenue
Long Beach, CA 90803,159 Roycroft Avenue
24
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$1,900,000
Est. payment /mo
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6 Beds
2,936 SqFt
Open Sat 11AM-2PM

159 Roycroft Avenue Long Beach, CA 90803

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Sat Jun 07, 11:00am - 2:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,936 sqft

Price per Sqft $647

MLS Listing ID CRSB25116076

Bedrooms 6

HOA Y/N No

Year Built 1956

Lot Size 3,158 Sqft

Acres 0.07

Property Sub-Type Quadruplex

Property Description

Rare 4-Unit Trophy Property in the Heart of Belmont Shore – 5.46% Cap Rate! Welcome to 159 Roycroft Ave, an exceptional 4-unit investment opportunity nestled on one of the most coveted streets in Belmont Shore. Located just half a block from the iconic 2nd Street and only two blocks from the beach, this property delivers the ultimate in walkable, beachside living with a stellar Walk Score of 88. This pride-of-ownership asset boasts an ideal unit mix: (2) Spacious 2-Bed/2-Bath units, (1) Furnished Studio, (1) 2-Bed/1-Bath unit. Two units are vacant and recently renovated, including a front-facing 2-Bed/1-Bath perfect for an owner-user and a fully furnished studio ready to lease at premium market rents. Amenities include on-site laundry, 3 garage spaces, and tandem parking—a true rarity in this submarket. The building also features a brand-new roof, replaced just one year ago, offering peace of mind and reduced capital expenses for years to come. Offering a remarkable 5.46% Cap Rate, this property provides strong in-place income with significant upside potential, making it ideal for savvy investors, short-term rental operators, or homeowners looking to offset living costs. Belmont Shore continues to thrive as Long Beach’s premier lifestyle destination. From high-end dining, b

Location

State CA

County Los Angeles

Zoning LBR2

Interior

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Other

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 7256023029


Bridge MLS
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.

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agent

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

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159 Roycroft Avenue