Spanish-Style Duplex with Private
169 Roycroft Long Beach, CA 90803
169 Roycroft, Long Beach, CA, 90803
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For Sale
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Two separate one-bedroom units offer flexible living or rental income with private entrances and oversized garages.
Property Size1,942 SF
Price / SF$759.53
Days on Market24
Property Features for 169 Roycroft
General Information
- Standard status
- Active
- Size
- 1,942 SF
- Property subtype
- Multifamily
Listing Agency
Coldwell Banker Realty
Listed by
Janna Mooney · License #01816026
Source
Crexi
Added: Jun 27 Checked: Jul 19 at 9:58 am
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 1924, this Spanish-style duplex features a single-level main residence plus a separate upper one-bedroom unit. The main home offers one bedroom and one and one-half baths, with hardwood flooring, cased windows, and arched windows that bring natural light into the living and dining rooms. A spacious family room includes a cozy fireplace, a built-in desk, and a large closet that offers the potential to be converted into a second bedroom. A front patio provides an outdoor space for everyday living.
The upper unit sits above the garage and has its own private entrance. It includes a living room, dining area, kitchen, full bath, and bedroom, along with a private balcony. The property also includes two independent oversized one-car garages, adding convenient parking and storage. Located in Belmont Shore, it is described as just blocks from the beach and within a short walk to the shops, restaurants, cafes, and boutiques along Second Street.
This layout suits owner-occupants seeking separate spaces for extended family, guests, or a live-in setup, while also fitting buyers looking for rental income. With two independent units and dedicated parking, the property offers straightforward flexibility for multiple living arrangements.
The upper unit sits above the garage and has its own private entrance. It includes a living room, dining area, kitchen, full bath, and bedroom, along with a private balcony. The property also includes two independent oversized one-car garages, adding convenient parking and storage. Located in Belmont Shore, it is described as just blocks from the beach and within a short walk to the shops, restaurants, cafes, and boutiques along Second Street.
This layout suits owner-occupants seeking separate spaces for extended family, guests, or a live-in setup, while also fitting buyers looking for rental income. With two independent units and dedicated parking, the property offers straightforward flexibility for multiple living arrangements.
Key Highlights
- Built in 1924, this Spanish‑style property offers a single‑level main residence plus a separate one‑bedroom upper unit.
- 1,285 SF main residence includes 1 bedroom, 1.5 baths, hardwood flooring, cased windows, and arched windows in the living and dining rooms.
- Main home features a family room with a cozy fireplace and built‑in desk, plus a large closet that could be converted to a second bedroom.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.9k | $32.40 |
| − Vacancy | −$3.3k | −$1.68 |
| EGI | $59.6k | $30.72 |
| − OpEx | −$17.9k | −$9.21 |
| NOI | $41.8k | $21.50 |
1,942 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$596.5K
$521.9K – $695.9K
NOI $41,754 @ 7.0% cap · market cap 2.83%
Second Best
Apartment 5plus
$530.5K
$464.2K – $619.0K
NOI $37,138 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$1.04M
$909.8K – $1.21M
NOI $72,782 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate one-bedroom units offer flexible living or rental income with private entrances and oversized garages.
Where is this duplex located?
The property is located at 169 Roycroft Long Beach, CA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: Built in 1924, this Spanish‑style property offers a single‑level main residence plus a separate one‑bedroom upper unit.; 1,285 SF main residence includes 1 bedroom, 1.5 baths, hardwood flooring, cased windows, and arched windows in the living and dining rooms.; Main home features a family room with a cozy fireplace and built‑in desk, plus a large closet that could be converted to a second bedroom.
