Seller's Agent in 2025
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
2 in this area
203 Total Sales
159 Roycroft Ave Long Beach, CA 90803
Belmont Shore Neighborhood
6
Beds
6
Baths
2,936
Sq Ft
3,158
Sq Ft Lot
About This Home
As of July 2025Rare 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.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 05/27/2025
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 05/27/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 3,158 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,936 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 32 / 9
- Tax Tract Number 3885
- Assessor Parcel Number 7256023029
- $768 per year additional tax assessments
Community Details
Building Details
- 2 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $33,850
- Gross Income $141,852
- Net Operating Income $103,746
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2025
Closed on
Jul 1, 2025
Sold by
Freeman Andrew G
Bought by
Spektor Maxim
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,900,000
Sold Price
$1,840,000
Premium/Discount to List
-$60,000
-3.16%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,689
Avg. Annual Appreciation
3.57%
Original Mortgage
$1,380,000
Outstanding Balance
$1,377,681
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$489,008
Purchase Details
Closed on
Aug 25, 2017
Sold by
Ocean Ten Llc
Bought by
Vanlingen Robert G and Van Lingen Robert J
Purchase Details
Closed on
Mar 13, 2012
Sold by
Freeman Andrew G
Bought by
Freeman Andrew G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2011
Sold by
Pearson April Virginia
Bought by
Freeman Andrew and Freeman Polly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,750
Interest Rate
4.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2011
Sold by
Rayner Nancy Wolbert
Bought by
Pearson April Virginia and The Clare G Rayner Decedents Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,750
Interest Rate
4.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 2010
Sold by
Rayner Nancy Wolbert
Bought by
Pearson April Virginia and The Clare G Rayner Decedents Trust
Purchase Details
Closed on
Jun 6, 2000
Sold by
Rayner Clare
Bought by
Rayner Clare G and Rayner Nancy Wolbert
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,840,000 | Chicago Title Company | |
| Grant Deed | $4,500,000 | Fatcola | |
| Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
| Grant Deed | $961,000 | Lawyers Title Company | |
| Quit Claim Deed | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,380,000 | New Conventional | |
| Previous Owner | $720,000 | New Conventional | |
| Previous Owner | $720,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $1,840,000 | -3.2% | $627 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $1,900,000 | -- | $647 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,763 | $1,231,198 | $973,687 | $257,511 |
| 2024 | $15,763 | $1,207,058 | $954,596 | $252,462 |
| 2023 | $15,496 | $1,183,391 | $935,879 | $247,512 |
| 2022 | $14,542 | $1,160,188 | $917,529 | $242,659 |
| 2021 | $14,251 | $1,137,440 | $899,539 | $237,901 |
| 2019 | $14,047 | $1,103,965 | $872,859 | $231,106 |
| 2018 | $13,695 | $1,082,325 | $855,745 | $226,580 |
| 2016 | $12,599 | $1,040,049 | $822,516 | $217,533 |
| 2015 | $12,091 | $1,024,428 | $810,162 | $214,266 |
| 2014 | $12,009 | $1,004,362 | $794,293 | $210,069 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Samimi
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25116076
APN: 7256-023-029
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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