$1,840,000
$1,900,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2,936 SqFt
SOLD DATE : 07/11/2025
Key Details
Sold Price $1,840,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,936 sqft
Price per Sqft $626
MLS Listing ID CRSB25116076
Sold Date 07/11/25
Bedrooms 6
HOA Y/N No
Year Built 1956
Lot Size 3,158 Sqft
Acres 0.07
Property Sub-Type Quadruplex
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
Zoning LBR2
Interior
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Other
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 7256023029
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with CameronSamimi
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "