159 Roycroft Avenue
Long Beach, CA, 90803
$1,900,000
Beds
0 Baths
SqFt
0.07 Acres
Add
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.

Property Details

Price:
$1,900,000
MLS #:
SB25116076
Status:
Active
Baths:
0
Address:
159 Roycroft Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
May 22, 2025
State:
CA
ZIP:
90803
Lot Size:
3,158 sqft / 0.07 acres (approx)
Year Built:
1956
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Exterior

Community Features
Suburban
Garage Spaces
3.00
Lot Features
0-1 Unit/ Acre
Parking Features
Assigned
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Map

Community

Similar Listings Nearby

159 Roycroft Avenue
Long Beach, CA