187 Roycroft Avenue
$1,485,000
1
4
1,560
1,560
$952
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...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 provides residents with easy access throughout Long Beach and neighboring coastal cities. The property’s ideal Belmont Shore location surrounded by an abundance of recreational, entertainment, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 187 Roycroft Avenue.
- Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest • tleeson@marcusmillichap.com
Property Details for 187 Roycroft Avenue
Parking Spaces Total
0
Private PoolNo
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area1560
Assessor Parcel Number7256-023-019
Property Attached YNfalse
LISTING UPDATED: 10/15/2024 02:55 AM
Property Details for 187 Roycroft Avenue
Status | Active |
---|---|
MLS # | OC24125502 |
Days on Market | 151 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
County | Los Angeles County |
Building Information for 187 Roycroft Avenue
Building/Complex187 Roycroft AveFloor-Stories1Residences-Pet Policy-Year Built1950Building Size-
Property Information for 187 Roycroft Avenue
Property History for 187 Roycroft Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 187 Roycroft Avenue
Taxable ValueLand$940,000Additions$500,500Total$1,440,500
Tax Record2024$18,557 ($1,546 / month)
Home Facts
Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtLot Size3,062 SqFtStyleQuadraplexYear Built1950ZoningLBR2SCountyLOS ANGELESAPN7256-023-019
Schools near 187 Roycroft Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lowell Elementary School PublicK to 5 | ||
Rogers Middle School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Eunice Sato Academy Of Math & Science Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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