$1,485,000
- Beds
- Unknown
- sq ft
- Unknown
187 Roycroft Ave, Long Beach, CA 90803
187 Roycroft Ave
Long Beach, CA 90803
- 156 days on market
- Price drop $110,000↓
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.
Details
Property type
Apartment
Lot size
3,049.2 sq ft
Price per sq ft
Unknown
Year built
1950
HOA
No
Price History
10/15/2024
CRMLS #OC24125502
Price change
$1,485,000
-6.9%
08/12/2024
CRMLS #OC24125502
Price change
$1,595,000
-5.34%
06/19/2024
CRMLS #OC24125502
Listed
$1,685,000
Schools & Community
Neighborhood:
Belmont Shore
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Curbs, Sidewalks
Community features:
Curbs, Sidewalks
Status: Active
Tomo last checked: 11/21/2024 at 7:55 PM
Listing updated: 10/30/2024 at 4:40 AM
Listed by: Tyler Leeson, Marcus & Millichap RE Invest Phone #: (949) 419-3200
MLS: CRMLS #OC24125502
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