Four-Unit Townhome
New
For Sale
$2,100,000
807 Roswell Ave, Long Beach, CA 90804
Gated multifamily property with private patios, spacious two-story residences, and three garage parking spaces.
Property Size4,642 SF
Days on Market2
Property Features for 807 Roswell Ave
General Information
Standard status
Active
Size
4,642 SF
Net Rentable
4,642 SF
Total Parking Spaces
3
Property subtype
Investment
Units
Unit Mix
3 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Amenities
gated
private patios
landscaped
Building Details
Building Size
4,642 SF
Year Built
1972
Units
4
Listing Agency:
Marcus & Millichap RE Invest
Listed By:
Tyler Leeson · License #01451551
(949) 419-3326
Source:
Elliman
Added: Sep 15
Last Checked: Sep 16 at 3:59PM
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 Marcus & Millichap RE Invest
Investment Insights
Based on property information with market context.
807 Roswell Avenue is a 4-unit quadplex in Long Beach, California, built in 1972. The property contains three 2-bed/1-bath homes and one 3-bed/2-bath home, with approximately 4,642 SF of net rentable area. The two-story layouts include private patios, while the gated grounds feature landscaping and three garage parking spaces.
Recent capital work includes a full repipe, new electrical subpanels, and a roof replacement completed approximately 2 years ago using tile roofing with flat composition sections. The garage spaces are not separately monetized. The property is approximately 1 block from Wilson High School and near Recreation Park, with Belmont Shore, the 2nd Street commercial corridor, California State University, Long Beach, and Retro Row accessible by a short drive.
The property is offered separately or with the neighboring triplex at 815 Roswell Avenue and the 9-unit property at 825 Roswell Avenue. Walk Score is 93, Bike Score is 67, and Transit Score is 46.
Recent capital work includes a full repipe, new electrical subpanels, and a roof replacement completed approximately 2 years ago using tile roofing with flat composition sections. The garage spaces are not separately monetized. The property is approximately 1 block from Wilson High School and near Recreation Park, with Belmont Shore, the 2nd Street commercial corridor, California State University, Long Beach, and Retro Row accessible by a short drive.
The property is offered separately or with the neighboring triplex at 815 Roswell Avenue and the 9-unit property at 825 Roswell Avenue. Walk Score is 93, Bike Score is 67, and Transit Score is 46.
Key Highlights
- 4‑unit property with 3 2‑bed/1‑bath units and 1 3‑bed/2‑bath unit
- Approximately 4,642 SF of net rentable area
- Built in 1972 with two‑story layouts and private patios
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$99,806
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,996,120
$2.0M
Cap Rate 7%
$1,425,800
$1.4M
Cap Rate 9%
$1,108,956
$1.1M
Market Conditions
NOI Build-Up for 4,642 SF
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.
Gross rent
$150.4K $32.40/SF
− Vacancy
−$7.8K −$1.68/SF
EGI
$142.6K $30.72/SF
− OpEx
−$42.8K −$9.21/SF
NOI
$99.8K $21.50/SF
Area
Long Beach, CA
Vacancy
5.20%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,996,120
Cap Rate 7%
$1,425,800
Cap Rate 9%
$1,108,956
Alternative Uses
Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.66M
NOI $99,806 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,771 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$2.49M
$2.17M – $2.90M
NOI $173,972 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,249
Businesses Nearby
Explore this area
Business Placement
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Gated multifamily property with private patios, spacious two-story residences, and three garage parking spaces.
Where is this quadplex located?
The property is located at 807 Roswell Ave Long Beach, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 4‑unit property with 3 2‑bed/1‑bath units and 1 3‑bed/2‑bath unit; Approximately 4,642 SF of net rentable area; Built in 1972 with two‑story layouts and private patios
