516 Roycroft Ave Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated payment $11,098/month
Highlights
- Golf Course Community
- Property is near park and public transit
- Park
- Fremont Elementary School Rated A
- No HOA
- Drip System Landscaping
About This Home
In a rather hidden enclave of Belmont Heights, this wonderful property offers 2 separate homes for investment or owner occupier w/ an income. This is a low traffic area with great walk-ability. The owner has resided in each of these homes & these are not typical “rental” properties. The front home, while originally built in 1947, has been gutted & undergone multiple renovations. It is 3 bedrooms, 3 baths, a studio, and a loft. With cathedral ceilings, the airy yet cozy interiors feature heart of redwood paneling in the dining & living rooms, wood burning fireplace, large family room w/ adjacent sun room, & the loft above it all. The kitchen is thoughtfully updated with in-demand stainless appliances, Caesarstone counter tops, 5 burner stove, built-in Jenn-Air grille, instant hot water tap, & elegant travertine flooring. Well selected natural cherry cabinetry for smart storage completes the space. A separate laundry & refrigerated wine room is adjacent to the kitchen. The downstairs bedroom offers a remodeled bath with high tech shower fixtures. The upper floor is clad in Berber carpeting & the loft is a convenient space that overlooks the living room. Bedroom 1 features a sliding glass door to a private deck, & the 2nd bedroom upstairs has a very large closet. A studio/4th bedroom has a deck w/ separate entrance accessed by spiral staircase. The home has forced air heat & central air.. It enjoys part of the yard area & shares a 2-car garage w/ the rear home. The owner added 1000 sf to create appx 2600 sf. Recent re-landscape is no maintenance w/ installation of artificial turf & drip system. Most decks & the walkway are crafted of elegant, precious, & extremely durable Ipe wood. When the private rear home was the owner's unit no expense was spared in an extensive make over – think HGTV! This home was built in 1963 & attention to detail is superior. A large living room w/skylights fir wonderful natural light & a fireplace for heating the home is showcased amid hardwood flooring. The kitchen is beautifully remodeled with stunning cabinetry, Caesarstone counter tops, & luxurious appliances including a refrigerator, dual convection & microwave oven, dishwasher, & refrigerated wine storage. The bath is fitted with a “no step” walk in shower, dramatic tile, high end plumbing fixtures, & elegant cabinetry. This rear home is estimated at 950 sf & has a secluded & enclosed rear yard w/ laundry locker w/appliances, & semi-private front patio for al fresco dining.
Listing Agent
United Real Estate Professionals Brokerage Email: real.estate.matters@outlook.com License #00797147 Listed on: 06/22/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 6,318 Sq Ft Lot
- No Common Walls
- Drip System Landscaping
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 3,550 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Location
- Property is near park and public transit
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 8 / E
- Tax Tract Number 577606
- Assessor Parcel Number 7250019011
- $586 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Belmont Heights Subdivision
Recreation
- Golf Course Community
- Park
- Dog Park
- Water Sports
- Bike Trail
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $3,220
- Water Sewer Expense $1,200
- Operating Expense $4,420
- Gross Income $87,600
- Net Operating Income $84,580
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,876 | $266,177 | $125,992 | $140,185 |
| 2024 | $3,706 | $260,959 | $123,522 | $137,437 |
| 2023 | $3,642 | $255,843 | $121,100 | $134,743 |
| 2022 | $3,431 | $250,827 | $118,726 | $132,101 |
| 2021 | $3,348 | $245,910 | $116,399 | $129,511 |
| 2020 | $3,338 | $243,390 | $115,206 | $128,184 |
| 2019 | $3,299 | $238,619 | $112,948 | $125,671 |
| 2018 | $3,130 | $233,941 | $110,734 | $123,207 |
| 2016 | $2,866 | $224,859 | $106,435 | $118,424 |
| 2015 | $2,756 | $221,483 | $104,837 | $116,646 |
| 2014 | $2,746 | $217,146 | $102,784 | $114,362 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2026 06/22/26 | For Sale | $1,995,000 | -- | $562 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $165,000 | Credit Line Revolving | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $49,999 | Unknown | |
| Closed | $40,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26134375
APN: 7250-019-011
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Ask me questions while you tour the home.