218 Roycroft Ave, Long Beach, CA 90803

Property Description

Located in the heart of Belmont Heights, on one of the most desirable streets, this stunning custom built 4- plex offers a versatile 2 story owners unit with 3 bed. 2.5 bath (call agent for info. for possibility of turning this to a 2 bedroom 1.5 bath and an additional 1 bed. 1 bath). Large gourmet kitchen, hardwood floors, recessed lighting, forced air heating, front and back sprinkler system, high ceilings throughout and Vaulted ceiling in the grand living room with a romantic fireplace. Spacious deck off the living room, kitchen and dining area overlooking the beautiful backyard. Newer copper plumbing. Rental units include 2 charming 1 bed 1 bath. (one with front porch and the other one with a very spacious deck. each occupied with very long term tenants and only pay $1400/mo.) The other unit is 2 bed 1 bath rented for only $1600/mo.The seller has provided laundry facility to the tenants complementary. (possibility of additional income!). Total income from the rental units is $4400 (way below market) . The owner's unit can bring in additional $3500. The annual income is calculated using $3500 for the owner's unit and $450 for the garages. Gas, water, trash, electricity is all added under utilities .No vacancy problem in this building. Walk to shore.