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159 Roycroft Ave
Long Beach, CA 90803
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Current 5.46% CAP with projected market CAP over 6%—perfect for investors seeking cash flow and growth.
- On-Site laundry, 3 garage spaces with tandem parking
- With a stellar Walk Score of 88, this property is located just half a block from the iconic 2nd Street and only two blocks from the beach.
- (2) Spacious 2-Bed/2-Bath Units, (1) VACANT 2-Bed/1-Bath, and (1) Furnished Studio
- Brand-new Roof, replaced just one year ago!
- Nearby the brand-new Olympic Pool debuting for the 2028 Games
Property Facts
| No. Units | 4 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 2,936 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Mid-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 2.04/1,000 SF |
| Zoning | LBR2S | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 2,936 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | LBR2S |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- Walking/Biking Trails
- Public Transportation
Property Taxes
| Parcel Number | 7256-023-029 | Improvements Assessment | $257,511 |
| Land Assessment | $973,687 | Total Assessment | $1,231,198 |
Property Taxes
Parcel Number
7256-023-029
Land Assessment
$973,687
Improvements Assessment
$257,511
Total Assessment
$1,231,198
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