825 Roswell AVE, Long Beach, CA 90804
825 Roswell AVE, Long Beach, CA 90804
825 Roswell AVE, Long Beach, CA 90804
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$2,850,000
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5,662 Sqft Lot
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825 Roswell AVE Long Beach, CA 90804

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Lee Williams

Lee Williams

+1(310) 400-6389

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26201934

HOA Y/N No

Year Built 1963

Lot Size 5,662 Sqft

Property Sub-Type Apartment

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 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.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description Street Level

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7254019015

Energy Description 1470.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Tyler Leeson Marcus & Millichap RE Invest tleeson@marcusmillichap.com, DRE #01451551

NEARBY SCHOOL & BUSINESS

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Lee Williams

Lee Williams

Agent License ID: 01726182

+1(310) 400-6389

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825 Roswell AVE

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