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, 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 Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49955535
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1956
- Building Area Total: 2,936
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.0725
- Lot Size Source: Assessor
- Lot Size Square Feet: 3158
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Listing Information
Listing Price Information
- Original List Price: 1,900,000
- Listing Contract Date: 2025-05-22
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 7256023029
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: 699 - Not Defined
- Postal Code Plus 4: 3141
- Directions: Off of 2nd St and E Livingston Dr
- Zoning: LBR2S
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Quadruplex
Building and Construction
- Property Age: 69
- Common Walls: 2+ Common Walls
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/13/2025 @ 09:39
- MLS: SB25116076
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 6 bedrooms which is recently sold, it has 2,936 sqft, 3,158 sized lot, and 3 parking. are nearby neighborhoods.