Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90803 159 Roycroft Avenue

159 Roycroft Avenue Long Beach, CA - Image 1159 Roycroft Avenue Long Beach, CA - Image 2159 Roycroft Avenue Long Beach, CA - Image 3
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Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.; 310-259-7556
  • MLS# SB25116076
  • 05/23/2025
  • Request Tour
  • Request Info
  • Beds • 2
  • Baths • 1
  • SQFT • 2,936
  • Garage • 3
  • Year Built • 1956

Home Details

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, boutique shops, and vibrant nightlife to the brand-new Olympic Pool debuting for the 2028 Games, the area is poised for long-term appreciation. Residents enjoy immediate access to Alamitos Bay, the beach, and bike-friendly promenades, all within minutes of their front door. Properties like this are extremely rare—location, parking, income, and upside—this one checks all the boxes.
Presented By: Cameron Samimi with Lyon Stahl Investment Real Estate, Inc.; 310-259-7556

Interior Features for 159 Roycroft Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 159 Roycroft Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSuburban
CountyLos Angeles
DirectionsOff of 2nd St and E Livingston Dr
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Expected Active Date 2025-05-27
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income141852.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet3158.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income103746.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Operating Expense33850.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tax Lot32
Trash Expense0.0
Water Sewer Expense0.0
Year Built1956
Year Built SourceAssessor
ZoningLBR2S

Exterior for 159 Roycroft Avenue

Building Area Total2936.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.0725
Lot Size Area3158.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking3.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Justin Hughey

Price $1,900,000
MLS#SB25116076
List Date 05/23/2025
Property Type Multi-Family
Request Tour
Request Info

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