8-Unit Apartment
For Sale
$2,549,000
20 Roycroft, Long Beach, CA 90803
Well-maintained 8-unit property with a mix of studios and 1-bedroom units and on-site laundry.
Property Size2,960 SF
Days on Market131
Property Features for 20 Roycroft
General Information
Standard status
Active
Size
2,960 SF
Class
Trophy asset
Property subtype
Investment
Additional Details
Multifamily Units
8
Amenities
on-site laundry
Building Details
Building Size
2,960 SF
Year Built
1947
Units
8
Tenancy
Multi
Listed By:
Michael Richards
Source:
Elliman
Added: May 10
Changed: Sep 10
Last Checked: Sep 16 at 5:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Richards
Investment Insights
Based on property information with market context.
This well-maintained 8-unit apartment property at 20 Roycroft Avenue is configured with three 1-bedroom, 1-bath units and five studio units. One studio is a just completed ADU and includes A/C. The building also provides on-site laundry facilities.
Situated in a well-regarded coastal area of Long Beach, the property is described as a short walk to local restaurants, cafes, and shops, and steps to the beach. The nearby area includes access to 2nd Street retail and dining, as well as recreational options referenced in the remarks such as canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier.
The property has had a new main electrical service. With the described pedestrian-friendly setting, it offers a residential income configuration intended to serve tenants seeking walkable access to coastal amenities and neighborhood retail.
Situated in a well-regarded coastal area of Long Beach, the property is described as a short walk to local restaurants, cafes, and shops, and steps to the beach. The nearby area includes access to 2nd Street retail and dining, as well as recreational options referenced in the remarks such as canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier.
The property has had a new main electrical service. With the described pedestrian-friendly setting, it offers a residential income configuration intended to serve tenants seeking walkable access to coastal amenities and neighborhood retail.
Key Highlights
- Well‑maintained 8‑unit property built in 1947 with a mix of three 1‑bedroom/1‑bath units and five studios
- Includes a just‑completed ADU studio with A/C
- On‑site laundry facilities for residents
Property Analytics
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Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,482
Businesses Nearby
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Business Placement
Demographics for 90803, CA
32,192
Population
18,516
Households
1.7
Avg Household Size
46
Median Age
61%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
7,852
Density / Sq Mi
$111,500
Median Household Income
$73,944
Median Earnings
$2,073
Median Rent
$1,138,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 8-unit property with a mix of studios and 1-bedroom units and on-site laundry.
Where is this apartment building located?
The property is located at 20 Roycroft Long Beach, CA.
What is the asking price?
The asking price for this property is $2,549,000.
What are key features of this property?
This property features: Well‑maintained 8‑unit property built in 1947 with a mix of three 1‑bedroom/1‑bath units and five studios; Includes a just‑completed ADU studio with A/C; On‑site laundry facilities for residents
