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$2,700,000
Est. payment /mo
2,622 Sqft Lot
UPDATED:
12/09/2024 06:18 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW24236413
Originating Board California Regional MLS
Year Built 1947
Lot Size 2,622 Sqft
Property Description
Welcome to 20 Roycroft Avenue, its location doesn't get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access
Location
State CA
County Los Angeles
Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry In Laundry Room, Washer/Dryer - Leased
Exterior
Parking Features No Parking
Pool None
Building
Water District - Public
Others
Tax ID 7256032012
Special Listing Condition Not Applicable
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Listed by Michael Richards • Keller Williams Pacific Estate
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Sharad Gupta
Broker | License ID: 02213637
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