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For SaleLuxury

$2,850,000

5,663 sqft$503/sqft54 days on market

825 Roswell Avenue

Long Beach, CA 90804

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,663

Square feet

1963

Built

Listing narrative

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 convenient access to some of the city’s 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.

Listing agent (MLS): Tyler Leeson · Listing brokerage (MLS): Marcus & Millichap RE Invest

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,850,000

Beds

Beds n/a

Type

Condo

Home Size

5,663 sqft

Baths

Baths n/a

Lot Size

0.13 acres

Year

1963

Neighborhood

Other

Status

For Sale

Days on Market

54

$ / Sqft

$503

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap RE Invest