HIGHLY SOUGHT-AFTER BEACH LOCATION in Beautiful Belmont Shore. 24 Roswell Avenue presents an exceptional opportunity to own a charming 5-unit multifamily property just steps from the sand in the heart of Belmont Shore. Featuring a desirable mix of (3) one-bedroom, one-bath units and (2) studio units, this property offers… Read More a perfect blend of beachside tranquility and urban convenience. Unbeatable Location: Walk to the beach, Veterans Pier, top-rated restaurants, shopping, and entertainment. Rare Parking Amenities: Includes seven covered carport spaces plus one private garage RARE! — a major bonus in this high-demand coastal community. Natural Light & Ocean Breeze: Each unit is filled with light and offers refreshing ocean air; tenants enjoy a common balcony for relaxation. On-Site Laundry: Communal laundry room with owner share in machine proceeds. Consistently High Tenant Demand: Units lease quickly due to location, amenities, and walkability. Whether you're an investor seeking reliable cash flow in a strong rental market or looking to secure a legacy asset in one of Long Beach’s most coveted neighborhoods, 24 Roswell Avenue is a must-see. Don’t miss your chance to own a piece of coastal paradise! Read Less
Property listed by Engel & Voelkers Newport Beach, Steven Pennington 562-377-4343
Listing Snapshot
Days Online
3
Last Updated
Property Type
Mixed Use
Lot Size
0.09 Acres
Year Built
1968
MLS Number
OC25156526
30 Days Snapshot Of 90803
$1.56M
-20%
(avg) sold price
28
+86%
homes sold
81
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1968, Building area total: 2,999, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore, NoOneAbove, NoOneBelow
Community
Biking, Curbs, DogPark, Park, StormDrains, StreetLights, Sidewalks, WaterSports
Cooling
WallWindowUnits
Expenses
Electric expense: $59, Gardener expense: $100, Insurance expense: $3,147, Operating expense: $47,500, Trash expense: $262, Water sewer expense: $262
Fireplaces
None
Garage
1 space
Heating
Electric
Income
Gross income: $117,600, Net operating income: $70,800
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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