Long Beach, CA 90803,159 Roycroft Avenue
Long Beach, CA 90803,159 Roycroft Avenue
Long Beach, CA 90803,159 Roycroft Avenue
Long Beach, CA 90803,159 Roycroft Avenue
Long Beach, CA 90803,159 Roycroft Avenue
Long Beach, CA 90803,159 Roycroft Avenue
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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 1,900,000
Est. payment | /mo

2,936 SqFt


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$ 1,900,000
Est. payment | /mo
Save

2,936 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,936 sqft

Price per Sqft $647

MLS Listing ID CRSB25116076

HOA Y/N No

Year Built 1956

Lot Size 3,158 Sqft

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

Rare 4-Unit Trophy Property in the Heart of Belmont Shore – 5.46% Cap Rate! Welcome to 159 Roycroft Ave, an exceptional 4-unit investment opportunity nestled on one of the most coveted streets in Belmont Shore. Located just half a block from the iconic 2nd Street and only two blocks from the beach, this property delivers the ultimate in walkable, beachside living with a stellar Walk Score of 88. This pride-of-ownership asset boasts an ideal unit mix: (2) Spacious 2-Bed/2-Bath units, (1) Furnished Studio, (1) 2-Bed/1-Bath unit. Two units are vacant and recently renovated, including a front-facing 2-Bed/1-Bath perfect for an owner-user and a fully furnished studio ready to lease at premium market rents. Amenities include on-site laundry, 3 garage spaces, and tandem parking—a true rarity in this submarket. The building also features a brand-new roof, replaced just one year ago, offering peace of mind and reduced capital expenses for years to come. Offering a remarkable 5.46% Cap Rate, this property provides strong in-place income with significant upside potential, making it ideal for savvy investors, short-term rental operators, or homeowners looking to offset living costs. Belmont Shore continues to thrive as Long Beach’s premier lifestyle destination. From high-end dining, b

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Common Area

Bay East AOR and Contra Costa AOR
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2001 Clayton Rd, Concord, CA, 94520, USA

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159 Roycroft Avenue