70 Roycroft Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated payment $12,747/month
Highlights
- Bike Trail
- Lowell Elementary School Rated A-
- Front Yard
About This Home
Located in the heart of Belmont Heights, 70 Roycroft Ave offers the perfect blend of coastal living and urban convenience. This well-maintained 4-unit investment property provides strong in-place income, recent capital improvements, and long-term upside potential in one of Long Beach's most sought-after neighborhoods.
The property has been significantly upgraded with new windows throughout, updated plumbing, and upgraded electrical panels in 2023. Three of the four permitted units have been remodeled, creating a largely turnkey investment with reduced deferred maintenance and future upside through the remaining unit.
Residents benefit from a convenient shared laundry room, adding value and convenience for tenants.
Just minutes from the beach, Belmont Shore, 2nd Street dining and shopping, and vibrant local cafes, this prime location is known for its charming tree-lined streets, walkability, and strong sense of community. Residents enjoy convenient access to parks, marinas, highly rated schools, and major freeways while living in one of Long Beach's most desirable coastal neighborhoods.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 3,161 Sq Ft Lot
- No Common Walls
- Side Yard Sprinklers
- Front Yard
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,777 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Legal Lot and Block 3 / 16
- Tax Tract Number 3750
- Assessor Parcel Number 7256032003
- $839 per year additional tax assessments
Community Details
Overview
- 4 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $720
- Insurance Expense $5,000
- Maintenance Expense $3,600
- Water Sewer Expense $3,020
- New Taxes Expense $25,527
- Operating Expense $38,217
- Gross Income $133,260
- Net Operating Income $95,043
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 | $23,431 | $1,779,084 | $1,144,440 | $634,644 |
| 2024 | $22,436 | $1,744,200 | $1,122,000 | $622,200 |
| 2023 | $21,090 | $1,632,000 | $1,020,000 | $612,000 |
| 2022 | $20,164 | $1,632,000 | $1,020,000 | $612,000 |
| 2021 | $20,363 | $1,649,584 | $853,233 | $796,351 |
| 2020 | $20,311 | $1,633,711 | $844,485 | $789,226 |
| 2019 | $20,072 | $1,601,699 | $827,927 | $773,772 |
| 2018 | $19,577 | $1,570,315 | $811,694 | $758,621 |
| 2016 | $18,016 | $1,508,340 | $780,176 | $728,164 |
| 2015 | $17,282 | $1,485,685 | $768,458 | $717,227 |
| 2014 | $17,154 | $1,456,583 | $753,405 | $703,178 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2026 05/29/26 | For Sale | $2,010,000 | 0.0% | $724 / Sq Ft | |
| 05/13/2025 05/13/25 | Rented | $2,300 | 0.0% | -- | |
| 05/13/2025 05/13/25 | Off Market | $2,300 | -- | -- | |
| 05/08/2025 05/08/25 | For Rent | $2,300 | 0.0% | -- | |
| 05/23/2023 05/23/23 | Sold | $1,710,000 | -2.3% | $616 / Sq Ft | View Prior Sale |
| 02/09/2023 02/09/23 | Price Changed | $1,750,000 | -1.4% | $630 / Sq Ft | |
| 01/17/2023 01/17/23 | Price Changed | $1,775,000 | -6.6% | $639 / Sq Ft | |
| 12/07/2022 12/07/22 | Price Changed | $1,900,000 | -4.8% | $684 / Sq Ft | |
| 11/25/2022 11/25/22 | Price Changed | $1,995,000 | -4.8% | $718 / Sq Ft | |
| 11/01/2022 11/01/22 | Price Changed | $2,095,000 | -0.2% | $754 / Sq Ft | |
| 09/13/2022 09/13/22 | Price Changed | $2,100,000 | +5.0% | $756 / Sq Ft | |
| 05/25/2022 05/25/22 | For Sale | $2,000,000 | +25.0% | $720 / Sq Ft | |
| 05/19/2021 05/19/21 | Sold | $1,600,000 | +3.2% | $576 / Sq Ft | View Prior Sale |
| 04/12/2021 04/12/21 | Pending | -- | -- | -- | |
| 03/24/2021 03/24/21 | For Sale | $1,550,000 | -- | $558 / 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 |
|---|---|---|---|
| Grant Deed | $1,710,000 | None Listed On Document | |
| Grant Deed | -- | Lanuti W Vito | |
| Interfamily Deed Transfer | -- | Wfg Title Company Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,310,000 | -- | |
| Grant Deed | $1,025,000 | First Southwestern Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $705,000 | First Southwestern Title Co | |
| Grant Deed | $460,000 | Fidelity Title |
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 |
|---|---|---|---|
| Open | $1,197,000 | New Conventional | |
| Previous Owner | $550,000 | New Conventional | |
| Previous Owner | $982,500 | Negative Amortization | |
| Previous Owner | $700,000 | Purchase Money Mortgage | |
| Previous Owner | $387,750 | No Value Available | |
| Closed | $120,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26117355
APN: 7256-032-003
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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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