Belmont Heights Duplex with
359-361 Roswell Long Beach, CA 90814
359-361 Roswell, Long Beach, CA, 90814
$1,549,900
For Sale
$1,549,900
MULTI_FAMILY - Long Beach, CA
Property Size3,200 SF
Lot Size0.13 Acres
Price / SF$484.34
Days on Market28
Property Features for 359-361 Roswell
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 5, Bathroom 2, Laundry Room, Family Room, Bathroom 4, Bedroom 2
- Parking
- 6
- Parking features
- Garage
- Fireplace
- 1
- Appliances
- Disposal, Refrigerator, Electric Oven
- Standard status
- Active
- APN
- 7255020032
- Lot size
- 0.13 Acres
Utilities
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Laminate
- Building materials
- Stucco
- Roof type
- Composition
Listing agency
Coldwell Banker Realty
(562) 494-4600
Listed by
Jeanne Murphy · License #00942114
(562) 201-0693
Added: Jun 24 Updated: Jul 21 at 6:21AM Checked: Jul 21 at 7:06AM
MLS# PW26138957
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Belmont Heights duplex offers two residential units with in-unit living space and private outdoor areas. The front unit is a 2-bedroom, 2-bath layout, while the back unit is a 3-bedroom, 2-bath configuration. Both units include family rooms with fireplaces, sliding glass doors, and private patio areas. Interior amenities include inside laundry along with closets and storage space.
The property includes a large garage built for parking, with three parking spaces and three garage doors. A new roof was installed in December 2025.
There may also be an opportunity to add an ADU above the garage, subject to City of Long Beach guidelines; prospective buyers should confirm feasibility and requirements with the city.
The property includes a large garage built for parking, with three parking spaces and three garage doors. A new roof was installed in December 2025.
There may also be an opportunity to add an ADU above the garage, subject to City of Long Beach guidelines; prospective buyers should confirm feasibility and requirements with the city.
Key Highlights
- Belmont Heights duplex with a 3 bed/2 bath back unit and a 2 bed/2 bath front unit
- Each unit includes a family room and a fireplace, plus sliding glass doors and a private patio area
- Approximately 3,200 sq ft total with inside laundry and ample closet/storage space in both units
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 | $103.7k | $32.40 |
| − Vacancy | −$5.4k | −$1.68 |
| EGI | $98.3k | $30.72 |
| − OpEx | −$29.5k | −$9.21 |
| NOI | $68.8k | $21.50 |
3,200 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$982.9K
$860.0K – $1.15M
NOI $68,802 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$874.2K
$764.9K – $1.02M
NOI $61,195 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,929 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Belmont Heights duplex features front 2 bed/2 bath and back 3 bed/2 bath units with private patios and shared garage parking.
Where is this duplex located?
The property is located at 359-361 Roswell Long Beach, CA.
What is the asking price?
The asking price for this property is $1,549,900.
What are key features of this property?
This property features: Belmont Heights duplex with a 3 bed/2 bath back unit and a 2 bed/2 bath front unit; Each unit includes a family room and a fireplace, plus sliding glass doors and a private patio area; Approximately 3,200 sq ft total with inside laundry and ample closet/storage space in both units
