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$1,960,000
Est. payment /mo
5 Beds
5 Baths
3,161 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Belmont Shore (Bsd)
MLS Listing ID PW26117355
Bedrooms 5
Lot Size 3,161 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of Belmont Heights, 70 Roycroft Ave offers the perfect blend of coastal living and urban convenience. This well-maintained 4-unit investment property provides strong in-place income, recent capital improvements, and long-term upside potential in one of Long Beach's most sought-after neighborhoods. The property has been significantly upgraded with new windows throughout, updated plumbing, and upgraded electrical panels in 2023. Three of the four permitted units have been remodeled, creating a largely turnkey investment with reduced deferred maintenance and future upside through the remaining unit. Residents benefit from a convenient shared laundry room, adding value and convenience for tenants. Just minutes from the beach, Belmont Shore, 2nd Street dining and shopping, and vibrant local cafes, this prime location is known for its charming tree-lined streets, walkability, and strong sense of community. Residents enjoy convenient access to parks, marinas, highly rated schools, and major freeways while living in one of Long Beach's most desirable coastal neighborhoods.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction South of 7th Street, east of Redondo Avenue, in the Belmont Heights neighborhood of Long Beach
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7256032003
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Listed by Ben Koin, DRE#02252136 Camelot West Residential
Nearby School & Business
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