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20 Roycroft Avenue

Long Beach, CA 90803
  • $2,700,000
  • STATUS: Active
  • ON SITE: 157 Days
  • MLS #: PW24236413
UPDATED: 56 min ago
$2,700,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Michael Richards of Keller Williams Pacific Estate (562-513-7800)


Description

Welcome to 20 Roycroft Avenue, its location doesnt get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access to recreational, entertainment, and retail choices, making it highly attractive to place to live.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. 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/158006863
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20 Roycroft Avenue Long Beach, CA 90803

  • Price: $2,700,000
  • Status: Active
  • On Site: 157 Days
  • Updated: 56 min ago
  • MLS #: PW24236413
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1947
Built
Neighborhood:
Belmont Shore (Bsd)
County:
Los Angeles
Area:
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Property Description
Welcome to 20 Roycroft Avenue, its location doesnt get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access to recreational, entertainment, and retail choices, making it highly attractive to place to live.
Exterior Features

Entry Level 1 Entry Location Ground Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 8 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingDog ParkHikingSidewalksWater Sports Contingency Buyer to cooperate with Seller's 1031 exchange. Electric Expense 1000 Exclusions Tenant's items Fuel Expense 1 Garage YN No Gross Income 1 Gross Scheduled Income 170760 Insurance Expense 4883 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Maintenance Expense 9603 Net Operating Income 138588 New Construction YN No Number Of Separate Gas Meters 7 Number Of Separate Water Meters 0 Number Of Units Leased 6 Operating Expense 27049 Possession Negotiable Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Private Sewer Special Listing Conditions Standard Supplies Expense 292 Tenant Pays Cable TVElectricityGas Trash Expense 1168 Vacancy Allowance Rate 3 Water Sewer Expense 1000 Water Source Public Zoning LBR2S



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. 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): Michael Richards of Keller Williams Pacific Estate (562-513-7800)