Listed by tleeson@marcusmillichap.com - Tyler Leeson - DRE #01451551 - Marcus & Millichap RE Invest 949-419-3200
$1,485,000 affordable loan icon Calculate Payment

187 Roycroft Avenue Long Beach, CA 90803

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Apartment Residence
Beds
Baths
1,560 Sq. Ft.
0.07 Acre Lot

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Last updated on 11/16/2024 3:00 AM
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 com...mon 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. Continue reading
MLS#
OC24125502
Property Type
Apartment
Status
Year Built
1950
Square Feet
1,560 sq. ft
Lot Size
0.07
Stories
1.0
Sewer
Public Sewer

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Listed by tleeson@marcusmillichap.com - Tyler Leeson - DRE #01451551 - Marcus & Millichap RE Invest 949-419-3200
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/16/2024 3:00 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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