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Listed by Tyler Leeson, DRE #01451551 • Marcus & Millichap RE Invest
$ 2,850,000
Est. payment /mo
Active
825 Roswell AVE Long Beach, CA 90804
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26201934
Year Built 1963
Source California Regional MLS
Property Description
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 property's 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 con
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Laundry Community Facility
Exterior
Garage Spaces 6.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 7254019015
Special Listing Condition Not Applicable
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