$2,700,000
For Sale

20 Roycroft Avenue

Long Beach, CA 90803
0.06 acres | #PW24236413
Listing OfficeKeller Williams Pacific Estate
Browse 22 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Welcome to 20 Roycroft Avenue, its location doesn’t 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.

  • Property Details
      • Lot DescriptionSixToTenUnitsAcre
      • Stories2
    • Measurements
      • Acres0.0602
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1947
  • Utilities / Energy Details
      • Sewer InformationPrivateSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBelmont Shore (BSD)
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,700,000
  • Other
      • MLS #PW24236413

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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