70 Roycroft aveLong Beach, CA 90803

Multi-Family · 2,777 Sq. ft. | 0.07 Acres
$2,010,000 Active

70 Roycroft ave Overview

Time on Site:
31 days
Visits:
0

Located in the heart of Belmont Heights, 70 Roycroft Ave offers the perfect blend of coastal living and urban convenience. This well-maintained 4-unit investment property provides strong in-place income, recent capital improvements, and long-term upside potential in one of Long Beach's most sought-after neighborhoods. The property has been significantly upgraded with new windows throughout, updated plumbing, and upgraded electrical panels in 2023. Three of the four permitted units have been remodeled, creating a largely turnkey investment with reduced deferred maintenance and future upside through the remaining unit. Residents benefit from a convenient shared laundry room, adding value and convenience for tenants. Just minutes from the beach, Belmont Shore, 2nd Street dining and shopping, and vibrant local cafes, this prime location is known for its charming tree-lined streets, walkability, and strong sense of community. Residents enjoy convenient access to parks, marinas, highly rated schools, and major freeways while living in one of Long Beach's most desirable coastal neighborhoods.

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70 Roycroft ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,777
  • Price/Sq.ft. $724
  • Lot 0.07 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Electric Expense: 720.0
  • Gross Income: 133260.0
  • Gross Scheduled Income: 133260.0
  • Insurance Expense: 5000.0
  • Maintenance Expense: 3600.0
  • Net Operating Income: 95043.0
  • New Taxes Expense: 25527.0
  • Operating Expense: 38779.0
  • Water Sewer Expense: 3020.0

Building Information

  • New Construction: No
  • Year Built: 1950

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
  • Postal City: LONG BEACH
  • Subdivision Name: Belmont Shore (BSD)

Community/Development

  • Community Features: Biking,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,FHA,Freddie Mac,VA Loan
  • Parcel Number: 7256032003
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: Yes

Building Interior

  • Building Area Total: 2777.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Front
  • Laundry Features: Common Area
  • Levels: Two
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre,Front Yard,Sprinklers On Side
  • Lot Size Area: 3161.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 3161.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: No

General Information

  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

70 Roycroft ave Neighborhood

Community

90803 (Long Beach) Demographics

46
Median Age
3,935
Population Density (per sq. mile)
62%
College Educated
$92,230
Estimated Median Income
7,269
Estimated Total Home Owners
9,589
Estimated Total Renters
43% / 57%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

70 Roycroft ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

70 Roycroft ave Market Data

Based on the last 30 days in this zip code

$2,081,119
Average List Price
$942
Average Price per Square Foot
26
Properties Sold
65
Average Days on Market
270
Properties for Sale
Calculations provided by Reliance Network

70 Roycroft ave History

Date Event Value Agent
5/29/2026Source: CRMLS Added to Database
May 29, 2026
5/13/2025Source: CRMLS Status Change
Closed
5/8/2025Source: CRMLS Added to Database
May 08, 2025
1/5/2023Source: CRMLS Price Reduction
$1,900,000 -13.6%
9/28/2022Source: CRMLS Added to Database
September 28, 2022
9/8/2022Source: CRMLS Added to Database
September 08, 2022
Listing provided courtesy of Camelot West ResidentialBen Koin- MLS# PW26117355MLS ProviderContact Information: 714-731-7000
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