Search
218 Roycroft Ave, Long Beach, CA 90803
View Photos

218 Roycroft Ave Long Beach, CA 90803

$1,570,000 Sold Price as of 12/12/2019
  • 7 Beds
  • 5 Baths
  • 4,398 Sq.Ft.
Sold
$1,570,000 Sold Price as of 12/12/2019 Refinance Your Mortgage
Map preview of 218 Roycroft Ave, Long Beach, CA 90803

Property Overview: 218 Roycroft Ave Long Beach, CA has 7 bedrooms, 5 bathrooms, 4,398 living square feet and 6,350 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investors dream. Located in the heart of Belmont Heights, on one of the most desirable streets, this stunning custom built, peaceful and elegant 4- plex offers a versatile 2 story owners unit with 3 bed. 2.5 bath plus mother-in law unit (call agent for info. for possibility of turning this to a 2 bedroom 1.5 bath and an additional 1 bed. 1 bath). Large gourmet kitchen, hardwood floors, recessed lighting, forced air heating, high ceilings throughout and Vaulted ceiling in the grand living room with a romantic fireplace. Spacious deck off the living room, kitchen and dining area overlooking the beautiful backyard. Newer copper plumbing. Rental units include 2 charming 1 bed 1 bath. (one with front porch and the other one with a very spacious deck- long term tenants) The other unit is a remodeled 2 bed 1 bath rented for only 2095 /mo.The seller has provided laundry facility to the tenants complementary. ( additional income!). Total income from the rental units is $5740. The owner's unit can bring in additional $4200. Gas, water, trash, No vacancy problem in this building. Walk to shore. Fountains, trees, pergola, brick paths, porch and balconies and 3 car garage. Please call for back up offers.

Listed by Moe Shahbani | BRE #01068932 | Coldwell Banker Coastal Alliance
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
6,350
HOA Dues
$0/mo
Year built
1923
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW19270704
City
Long Beach
County
Los Angeles
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,645
  • Total Rent: $43,740
  • Pro Forma/Market Rent: $3,645
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $25,140
  • Pro Forma/Market Rent: $2,095
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.76%
  • Gross Rent Multiplier: 14.05
  • Gross Scheduled Income: $119,280
  • Net Operating Income: $79,917
  • Gross Operating Income: $115,701
  • Vacancy Allowance: $3,578
  • Laundry Income: $0
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $35,784
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $20,962
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0
  • Other Expenses: $0
  • Other Expense Description: 0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 218 Roycroft Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Living Room
Interior Features
  • Balcony, Cathedral Ceiling(s)
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Tile
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Front Yard, Park Nearby
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7256020017
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: From Park Ave. drive West to Roycroft and make a left. Cross Streets: South of Broadway
  • Road Frontage Type: Alley
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 218 Roycroft Ave

Last sold for $1,570,000 on December 12th, 2019

  • December, 2019

  • Dec 13, 2019

    Date

    Sold

    CRMLS: PW19270704

    $1,570,000

    Price

  • Dec 5, 2019

    Date

    Active Under Contract

    CRMLS: PW19270704

    $1,677,000

    Price

  • Nov 26, 2019

    Date

    Pending

    CRMLS: PW19270704

    $1,677,000

    Price

  • Nov 26, 2019

    Date

    Active

    CRMLS: PW19270704

    $1,677,000

    Price

  • December, 2019

  • Dec 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,570,000

    Price

  • October, 2016

  • Oct 7, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,677,000

    Price

Show More

Tax History for 218 Roycroft Ave

Assessed Value (2020): $1,570,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $670,000 $1,570,000

Home Value Compared to the Market

This property vs the competition

218 Roycroft Ave sold on December 12, 2019 for 109.62% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $381.31 per/sqft which puts the price per square foot 39.67% lower than the current median sale per square foot for the city of Long Beach.

About 218 Roycroft Ave

Detailed summary of property

218 Roycroft Ave is a multi family that recently sold in Long Beach, CA 90803. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 4,398 living square feet, and sits on an approximately 6,350 square foot lot. 218 Roycroft Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,570,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 109.62% higher than the current median priced home. Local homes that are currently for sale include 2221 Granada Ave, 436 Gaviota Ave and 1615 Cherry Ave. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 218 Roycroft Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 218 Roycroft Ave

Public county record property details
Beds
4
Baths
6
Year built
1923
Sq. Ft.
4,398
Lot Size
6,350
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
7256-020-017

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,589,000
Median List Price/Sq.Ft.
$858
Median Sold Price
$1,600,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
114
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (43.75%), Other (6.25%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 218 Roycroft Ave

Nearby Homes for Sale

217 Argonne Ave, Long Beach, CA 90803
$1,500,000
5 Beds
2 Baths
2701 Sq.Ft.
217 Argonne Ave
Long Beach, CA 90803
204 Mira Mar Ave, Long Beach, CA 90803
$1,550,000
4 Beds
3 Baths
2116 Sq.Ft.
204 Mira Mar Ave
Long Beach, CA 90803
249 Grand Ave, Long Beach, CA 90803
$1,700,000
5 Beds
3 Baths
3132 Sq.Ft.
249 Grand Ave
Long Beach, CA 90803
1000 Ximeno Ave, Long Beach, CA 90804
$1,700,000
4 Beds
4 Baths
2499 Sq.Ft.
1000 Ximeno Ave
Long Beach, CA 90804
3915 E 11th St, Long Beach, CA 90804
$1,295,000
7 Beds
4 Baths
3091 Sq.Ft.
3915 E 11th St
Long Beach, CA 90804
720 Coronado Ave, Long Beach, CA 90804
$1,600,000
-- Beds
-- Baths
-- Sq.Ft.
720 Coronado Ave
Long Beach, CA 90804
1050 Molino Ave, Long Beach, CA 90804
$1,799,000
9 Beds
6 Baths
4361 Sq.Ft.
1050 Molino Ave
Long Beach, CA 90804
2529 E 10th St, Long Beach, CA 90804
$1,564,000
11 Beds
4 Baths
3544 Sq.Ft.
2529 E 10th St
Long Beach, CA 90804
1761 Redondo Ave, Long Beach, CA 90804
$1,590,000
32 Beds
16 Baths
3360 Sq.Ft.
1761 Redondo Ave
Long Beach, CA 90804
1120 Stanley Ave, Long Beach, CA 90804
$1,450,000
7 Beds
6 Baths
2600 Sq.Ft.
1120 Stanley Ave
Long Beach, CA 90804
2507 E 14th St, Long Beach, CA 90804
$1,850,000
10 Beds
10 Baths
6067 Sq.Ft.
2507 E 14th St
Long Beach, CA 90804
1015 Dawson Ave, Long Beach, CA 90804
$1,300,000
8 Beds
6 Baths
3744 Sq.Ft.
1015 Dawson Ave
Long Beach, CA 90804

Recently Sold Homes Near 218 Roycroft Ave

225 Roycroft Ave, Long Beach, CA 90803
$1,550,000 Last Sold Price
6 Beds
3 Baths
3491 Sq.Ft.
225 Roycroft Ave
Long Beach, CA 90803
4603 E Broadway, Long Beach, CA 90803
$3,200,000 Last Sold Price
5 Beds
5 Baths
4300 Sq.Ft.
4603 E Broadway
Long Beach, CA 90803
259 Park Ave, Long Beach, CA 90803
$1,680,000 Last Sold Price
6 Beds
3 Baths
2802 Sq.Ft.
259 Park Ave
Long Beach, CA 90803
232 Quincy Ave, Long Beach, CA 90803
$1,520,000 Last Sold Price
6 Beds
3 Baths
3906 Sq.Ft.
232 Quincy Ave
Long Beach, CA 90803

Related Resources to 218 Roycroft Ave

New Listings in 90803
Popular Zip Codes
Popular Cities
Other Long Beach Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote