70 Roycroft Avenue

Long Beach, CA 90803

$1,710,000
Last Sold Price
5
Beds
5
Baths
2,777 Sq. Ft.
$616 / Sq. Ft.
2,777
Sq. Ft.
$616
per Sq. Ft.

Description

BACK ON THE MARKET - Buyer did not perform. Price Improvement! Belmont Shore Gem! Beautiful Fourplex, located 1/2 block from the ocean/beach in coastal city of Long Beach! This complex is situated in the coveted community of Belmont Shores. Just a short walk away from restaurants, cafes, shops and the BEACH. There are (3) one bed/one bath units & (1) two bed/one bath. Two of the units include a shared double garage. Beautiful hardwood floors, recessed lighting, laundry room for tenant's use includes...BACK ON THE MARKET - Buyer did not perform. Price Improvement! Belmont Shore Gem! Beautiful Fourplex, located 1/2 block from the ocean/beach in coastal city of Long Beach! This complex is situated in the coveted community of Belmont Shores. Just a short walk away from restaurants, cafes, shops and the BEACH. There are (3) one bed/one bath units & (1) two bed/one bath. Two of the units include a shared double garage. Beautiful hardwood floors, recessed lighting, laundry room for tenant's use includes 2 washers and 1 dryer, extra storage room on-site and a double car garage with alley access. This property has great curb appeal and is well manicured throughout. One of the units was recently refurbished. Great investment property. Also, can also be owner occupied. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Property sold as-is. Submit your offer today!
  1. Listed by Yvonne Rose-Jackson • DRE #01709480 • Brokerage DRE #01875518 • Making A Difference

Property Details for 70 Roycroft Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2777
Assessor Parcel Number
7256-032-003
Property Attached YN
true

Location

Listing Courtesy of Making A Difference, Yvonne Rose-Jackson, DRE #01709480

Sold By First Team Real Estate, Gustavo Arias, DRE #01889399; First Team Real Estate, Kimberley Robinson, DRE #02004463

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LISTING UPDATED: 05/23/2023 06:24 AM

Property Details for 70 Roycroft Avenue

StatusClosed
MLS #IN22111796
Days on Market309
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.07 AC / 3,161 SF
CountyLos Angeles County

Location

Listing Courtesy of Making A Difference, Yvonne Rose-Jackson, DRE #01709480

Sold By First Team Real Estate, Gustavo Arias, DRE #01889399; First Team Real Estate, Kimberley Robinson, DRE #02004463

Add your commute

Building Information for 70 Roycroft Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.07 AC / 3,161 SF

Payment Calculator

$11,089 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,332

Property Taxes

$1,757

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 70 Roycroft Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $720
  • Gross Scheduled Income: $95,100
  • Net Operating Income: $60,160
  • Laundry Income: $720
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $34,940
  • Gardener Expense: $1,200
  • Licenses Expense: $550
  • Electric Expense: $640
  • Insurance Expense: $5,571
  • Maintenance Expense: $3,850
  • Professional Management Expense: $4,500
  • Other Expense: $20,600
  • Other Expense Description: taxes
  • Trash Expense: $1,200
  • Water Sewer Expense: $2,400
  • Total Expenses: $34,940
Tax / Assessment Info
  • Tax Block: 16
  • Tax Tract Number: 3750
  • Tax Census Tract: 5773.00
  • CFD/Mello-Roos Fee: $20,192
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Own
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Direction Faces: West
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Street
Property / Structure Info
  • Builders Tract Name: Belmont Shore
  • Builders Tract Code: Belmont Shore (BSD)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $1,790
  • Unit Type Pro Forma: 1995
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,495
  • Unit Type Total Rent: $2,495
  • Unit Type Pro Forma: 2495
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,790
  • Unit Type Total Rent: $1,790
  • Unit Type Pro Forma: 1995
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2595
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number With Range: 4
  • Number With Refrigerator: 4

Property History for 70 Roycroft Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 70 Roycroft Avenue

Taxable ValueLand$1,020,000Additions$613,040Total$1,633,040
Tax Record2023$21,090 ($1,757 / month)
Home Facts
Total Finished SqFt2,777 SqFtAbove Grade Finished SqFt2,777 SqFtLot Size3,161 SqFtStyleQuadraplexYear Built1950ZoningLBR2SCountyLOS ANGELESAPN7256-032-003

Schools near 70 Roycroft Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lowell Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Eunice Sato Academy Of Math & Science
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Making A Difference, Yvonne Rose-Jackson, DRE #01709480

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.