$2,675,000

Estimated payment $16,028/month

Total Views 20,932
3 Beds
8 Baths
2,960 Sq Ft
$904 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Dog Park
  • Lowell Elementary School Rated A-
  • Bike Trail
  • Wood Fence

About This Home

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 to recreational, entertainment, and retail choices, making it highly attractive to place to live.

Listing Agent

Michael Richards

Keller Williams Pacific Estate Brokerage Email: MRichardsKW@gmail.com License #01308435 Listed on: 11/03/2025

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 2,622 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Density is 6-10 Units/Acre

Parking

  • On-Street Parking

Home Design

  • Apartment
  • Entry on the 1st floor
  • Flat Roof Shape

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 12 / 16
  • Tax Tract Number 3750
  • Assessor Parcel Number 7256032012
  • $1,106 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • Belmont Shore Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 8 Separate Electric Meters
  • 7 Separate Gas Meters
  • Electric Expense $1,000
  • Fuel Expense $1
  • Gardener Expense $1,000
  • Insurance Expense $5,000
  • Maintenance Expense $9,603
  • Professional Management Expense $6,000
  • Trash Expense $1,168
  • Water Sewer Expense $1,000
  • Operating Expense $25,507
  • Gross Income $165,637
  • Net Operating Income $138,588

Property Details

Home Type

Multi-Family

Year Built

Built in 1947 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: No
  • Water Sewer Expenses: 1000.00
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 7256032012
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 903.72

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1168.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Dog Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 2622.00
  • Lot Size Acres: 0.0602

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 1000.00
  • Fuel Expense: 1.00
  • Gross Operating Income: 165637.00
  • Gross Scheduled Income: 170760.00
  • Insurance Expense: 5000.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 100.00
  • Lot Size Area: 2622.0000 Square Feet
  • Maintenance Expense: 9603.00
  • Net Operating Income: 138588.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 7
  • Number Of Units Total: 8
  • Number With Range: 8
  • Operating Expense: 27049.00
  • Rent Control: No
  • Total Expenses: 25507.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 16
  • Tax Lot: 12
  • Tax Tract Number: 3750
  • TaxOtherAnnualAssessmentAmount: 1106.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $25,483 $1,991,197 $1,365,393 $625,804
2024 $25,483 $1,952,155 $1,338,621 $613,534
2023 $24,927 $1,913,878 $1,312,374 $601,504
2022 $23,384 $1,876,352 $1,286,642 $589,710
2021 $22,923 $1,839,562 $1,261,414 $578,148
2019 $22,593 $1,785,580 $1,224,000 $561,580
2018 $22,076 $1,750,580 $1,200,000 $550,580
2017 $3,808 $235,636 $135,961 $99,675
2016 $3,551 $231,017 $133,296 $97,721
2015 $3,427 $227,548 $131,294 $96,254
2014 $3,441 $223,092 $128,723 $94,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $2,675,000 -- $904 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25253145

California Regional Multiple Listing Service (CRMLS)