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20 Roycroft, Long Beach, CA 90803

  • $2,549,000

  • bed

  • bath

Multi-family for sale 117 days
$25K price drop
Movoto is helping 68 homebuyers near you

About 20 Roycroft

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Lot size 2,622 Sqft
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - Michael Richards
Listing Agent Contact: 562 889-1317
Listing Office - Keller Williams Pacific Estate
Source: CRMLS mls logo
MLS#PW26100517 • last updated 4 weeks ago
Movoto checked CRMLS for data 2 minutes ago
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Overview
Type Residential Income
SubType Commercial/Residential
Status Active
Lot Size (Acres) 0.0602
Lot Size (SqFt) 2622
Year Built 1947
Interior
Laundry Community
Flooring Laminate
Appliances Gas Range
Interior Features Balcony
Accessibility Features None
Exterior
Building Area Square Feet, 2960
Roof Flat
Parking No Driveway, Street
Lot Description 6-10 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Electricity - On Property
Pool None
Location
View City Lights
County Los Angeles
Community Features Street Lights
Subdivision Belmont Shore (BSD), Belmont Shore (BSD)
Directions Between Ocean And 2nd Street.
APN 7256032012
Multifamily Details
Vacancy Allowance Rate 2
Expense: Trash 1168
Laundry Income 100
Operating Expense 26994
Cap Rate 5.4
Expense: Insurance 5000
Total Expenses 26944
Expense: Maintenance 9392
Expense: Water/ Sewer 1000
Gross Income 169174
Gross Operating Income 165790
Expense: Electric 1000
Gross Multiplier 15
Gross Scheduled Income 169174
Expense: Gardener 640
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Source: GreatSchools.org © 2026. All rights reserved.

Around Belmont Shore

Explore everything this neighborhood has to offer. Learn more about Belmont Shore.
75/100
Walk
59/100
Family
88/100
Dining
95/100
Pet
  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90803
  • Belmont Shore
  • 20 Roycroft

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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