$2,850,000

Multi Family In Long Beach

  • 5 Beds
  • 4 Baths
  • 5,663 Sqft lot
  • Updated: September 16
  • Source:
    San Diego MLS  MLS#OC26201934

About the Property

825 Roswell Avenue is a 9-unit multifamily investment property located in Long Beach, California. 825 Roswell Avenue is a well-maintained 1960s property featuring a stucco exterior accented by red tile roofing, landscaped frontage and gated access. The property features a unit mix of 1 studio, 7 2-bed/1-bath units and 1 3-bed/2-bath unit, providing a concentration of larger 2-bedroom floor plans.
825 Roswell Avenue is a 9-unit multifamily investment property located in Long Beach, California. 825 Roswell Avenue is a well-maintained 1960s property featuring a stucco exterior accented by red tile roofing, landscaped frontage and gated access. The property features a unit mix of 1 studio, 7 2-bed/1-bath units and 1 3-bed/2-bath unit, providing a concentration of larger 2-bedroom floor plans. The property has also benefited from completed capital improvements including copper plumbing and a tile roof that was replaced approximately 2 to 3 years ago. The gated property offers on-site laundry and 6 garage parking spaces, providing residents with convenient amenities while creating additional income opportunities for ownership. Laundry currently generates supplemental revenue, while the garage spaces are included with tenant rents, providing future ownership with the potential to further monetize the propertys parking. The property benefits from a highly desirable Long Beach location approximately 1 block from Wilson High School and just blocks from Recreation Park, a setting that complements its predominantly 2-bedroom unit mix. Belmont Shore and the 2nd Street commercial corridor, California State University, Long Beach and Retro Row are also a short drive away, providing convenient access to some of the citys most prominent shopping, dining, recreation and educational destinations. 825 Roswell Avenue is being offered in conjunction with the neighboring 4-unit property at 807 Roswell Avenue and 3-unit property at 815 Roswell Avenue. Each property is available for separate acquisition or may be purchased together, creating a rare opportunity to acquire 3 contiguous multifamily properties and establish a larger ownership presence along a single Long Beach block.
  • Property type

    Other

  • Floors

    1

Features

  • Garage
  • Investment Property
  • Laundry Room
  • Gate
  • Parking
  • Balcony

Explore the Area

825 Roswell Avenue, Signal Hill, California, United States View on Google Maps
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Marcus & Millichap RE Invest - Irvine

Joined 11 months ago
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Marcus & Millichap RE Invest - Irvine
California, United States
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Marcus & Millichap RE Invest - Irvine
Irvine, California, United States
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Last updated
September 16
First listed
Sep 16
Listing reference
OC26201934
Listing status
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