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122 Roycroft Avenue

Long Beach, CA 90803
  • $2,395,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: SB23171033
$2,395,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Damaris Radut of Berkshirehathaway Homeservices (310-318-9386)


Description

An exceptional opportunity awaits to acquire the finest multiunit residence in the coveted Belmont Shore neighborhood. Situated within a leisurely stroll of the renowned 2nd street shops and merely steps away from the pristine coastline, this property exudes pride of ownership. Impeccably maintained, the exterior showcases freshly painted faade and meticulously easy maintained landscaped surroundings.Within this triplex, each of the three units has been thoughtfully and tastefully remodeled to perfection. Showcasing a modern aesthetic, stainless steel appliances adorn the kitchens, including a refrigerator, stove, microwave, and dishwasher. Remarkably, every unit boasts the convenience of its own washer/dryer hookup and the added benefit of a private one-car garage.Unit A and Unit C, both featuring two bedrooms and one bathroom, boast elegant travertine flooring, charming white wood shutters, a cozy fireplace, and the luxury of a private balcony for Unit C, while Unit A enjoys a welcoming porch. Meanwhile, Unit B, with its spacious one bedroom and one bathroom layout, provides ample room for a separate office space.No detail has been overlooked, with all units benefiting from double-pane windows, new air conditioning systems, and Cat5 wiring for your connectivity needs. Currently, only Unit A is open to new tenant or owner to move in, making it easily accessible for showings.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/143363414
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122 Roycroft Avenue Long Beach, CA 90803

  • Price: $2,395,000
  • Status: Active
  • On Site: 8 Days
  • MLS #: SB23171033
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1923
Built
Neighborhood:
Belmont Shore (Bsd)
County:
Los Angeles
Area:
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Property Description
An exceptional opportunity awaits to acquire the finest multiunit residence in the coveted Belmont Shore neighborhood. Situated within a leisurely stroll of the renowned 2nd street shops and merely steps away from the pristine coastline, this property exudes pride of ownership. Impeccably maintained, the exterior showcases freshly painted faade and meticulously easy maintained landscaped surroundings.Within this triplex, each of the three units has been thoughtfully and tastefully remodeled to perfection. Showcasing a modern aesthetic, stainless steel appliances adorn the kitchens, including a refrigerator, stove, microwave, and dishwasher. Remarkably, every unit boasts the convenience of its own washer/dryer hookup and the added benefit of a private one-car garage.Unit A and Unit C, both featuring two bedrooms and one bathroom, boast elegant travertine flooring, charming white wood shutters, a cozy fireplace, and the luxury of a private balcony for Unit C, while Unit A enjoys a welcoming porch. Meanwhile, Unit B, with its spacious one bedroom and one bathroom layout, provides ample room for a separate office space.No detail has been overlooked, with all units benefiting from double-pane windows, new air conditioning systems, and Cat5 wiring for your connectivity needs. Currently, only Unit A is open to new tenant or owner to move in, making it easily accessible for showings.
Exterior Features

Architectural Style Cape Cod Entry Level 1 Entry Location Ground Floor Fencing Brick Foundation Details Raised Lot Features 2-5 Units/AcreFront YardSprinklers In Front Number Of Separate Electric Meters 1 Parking Features AssignedGarage Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Roof Shingle Spa Features None Spa YN No View City LightsNeighborhoodOcean View YN Yes

Interior Features

Appliances Convection OvenDishwasherGas OvenGas RangeMicrowave Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features GasLiving Room Fireplace YN Yes Flooring Wood Heating Central Heating YN Yes Interior Features BalconyGranite CountersMultiple StaircasesOpen Floorplan Window Features Double Pane WindowsShutters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.8 Common Interest None Community Features BikingSidewalks Contingency This Sale is A Reverse 1031 Exchange. Sellers intent To Exchange Addendum is Make Part Of This Agreement. Property is Sold As IS! Disclosures Coastal ZoneFamilial Relation Electric 220 Volts in GarageStandard Electric Expense 0 Exclusions Washer/ Dryer in Unit B Fuel Expense 0 Garage YN Yes Gross Income 114582 Gross Scheduled Income 114582 Insurance Expense 1057 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 100145.8 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 14436 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Cable Available Water Sewer Expense 0 Water Source Public Zoning Lbr2s



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T00:30:34.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Damaris Radut of Berkshirehathaway Homeservices (310-318-9386)