NOT LISTED FOR SALE

156 Roycroft Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,665,000 - $1,979,719

3 Beds
2 Baths
2,903 Sq Ft
$623/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $1,040,000 $358 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $11,230/month

78 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 5-minute walk to Livingston Drive Park
  • Lowell Elementary School Rated A-
  • Laundry Room

About This Home

As of May 2014

Classic Style Spanish Triplex! Perfect for owner occupied income property. Both front units are 2 bedrooms, 1 bath with original hardwood floors and coved ceilings throughout, original art deco style kitchens and bathroom, dining room, laundry area and each come with a 1 car garage. Third unit is a 1 bedroom, 1 bath over the garages also with its own laundry area. Live upstairs cheaper than a Belmont Shore home!

Last Agent to Sell the Property

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 04/07/2014

Last Buyer's Agent

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 04/07/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 3,153 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 2,903 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 3885
  • Assessor Parcel Number 7256022013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $25,000
  • Gross Income $5,150
  • Net Operating Income $43,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Tenant Personal Belongings
  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 7256022013
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Price Per Square Foot: 358.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3153.00
  • Lot Size Acres: 0.0720

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 5150.00
  • Gross Scheduled Income: 61800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 3153.0000 Square Feet
  • Net Operating Income: 43260.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 18540.00
  • Rent Control: No
  • Total Actual Rent: 5150.00

Tax Info

  • New Taxes Expense: 25000.00
  • Taxes Percent: 1.25
  • Tax Lot: 15
  • Tax Tract Number: 3885
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
J-Mar Roswell & Roycroft Apts Llc
Bought by
J-Mar Roycroft Llc
Current Estimated Value
$1,808,180

Purchase Details

Closed on
Jun 12, 2020
Sold by
Watson Walter J and Watson Mary Putnam
Bought by
Watson Walter J and Watson Mary Putnam

Purchase Details

Listed on
Apr 7, 2014
Closed on
Apr 24, 2014
Sold by
Blowers Robert Charles and The Living Trust Of Robert Cha
Bought by
Putnam Watson Walter J and Putnam Watson Mary
Seller's Agent
Larry Boren
LB Brokerage, Inc
Buyer's Agent
Larry Boren
LB Brokerage, Inc
List Price
$1,199,999
Sold Price
$1,040,000
Premium/Discount to List
-$159,999
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Nov 7, 2006
Sold by
Blowers Robert Charles
Bought by
Blowers Robert Charles and Living Trust Of Robert Charles
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
J-Mar Roycroft Llc -- None Listed On Document
Watson Walter J -- None Available
Putnam Watson Walter J $1,040,000 Ticor Title Company
Blowers Robert Charles -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $1,040,000 -13.3% $358 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $1,199,999 -- $413 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,294 $1,695,852 $1,040,400 $655,452
2024 $21,294 $1,662,600 $1,020,000 $642,600
2023 $15,905 $1,225,384 $801,215 $424,169
2022 $14,924 $1,201,357 $785,505 $415,852
2021 $14,629 $1,177,802 $770,103 $407,699
2020 $14,590 $1,165,726 $762,207 $403,519
2019 $14,420 $1,142,869 $747,262 $395,607
2018 $14,044 $1,120,460 $732,610 $387,850
2016 $12,915 $1,076,954 $704,163 $372,791
2015 $12,392 $1,060,778 $693,586 $367,192
2014 $1,580 $104,160 $65,582 $38,578
Source: Public Records

Agents Affiliated with this Home

  • Larry Boren

    Seller's Agent in 2014

    Larry Boren

    LB Brokerage, Inc

    (562) 900-3888

    1 in this area

    10 Total Sales

    Larry Boren
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14024668

California Regional Multiple Listing Service (CRMLS)

APN: 7256-022-013

California Los Angeles County Long Beach 90803 Belmont Shore

156 Roycroft Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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