159 Roycroft Avenue, Long Beach, CA 90803 - Berkshire Hathaway HomeServices California Properties

159 Roycroft Avenue, Long Beach, CA 90803

$1,900,000 Approx. USD 0 beds, 0 baths

Listing Agent


Cameron Samimi | cameron@lyonstahl.com
Lic#: 02035763
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

Rare 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.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active Under Contract
MLS# SB25116076
Price: $1,900,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1956
2 stories
0.07 acres
Lot size: 0.0725
County: Los Angeles
Zoning: LBR2S
Parking description: Assigned
Lot description: ZeroToOneUnitAcre
MLS area: 699 - Not Defined

Last Updated: 6/11/2025

 Days On Market (DOM): 14

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.760705, -118.139660.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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