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$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

CRMLS #OC24125502

Price change
$1,485,000
-6.9%
08/12/2024
CRMLS

CRMLS #OC24125502

Price change
$1,595,000
-5.34%
06/19/2024
CRMLS

CRMLS #OC24125502

Listed
$1,685,000

Schools & Community

Neighborhood: 

Belmont Shore

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

CRMLS logo

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