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24 Roswell

Long Beach, CA 90803
  • $2,078,500
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: PW25257377
UPDATED: 51 min ago
$2,078,500
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Ratings & Info

Listing Agent(s): George Bustamante of Coldwell Banker Commercial (562-495-6070) and J. Steven Warshauer of Coldwell Banker Commercial(562-495-6070)


Description

Mid-Century Beach Property. 24 Roswell is a rare investment opportunity in the heart of Long Beach, located in Belmont Shore, walking distance to the beach. Situated on an oversized approximately 4,099 sq. ft. lot, this low-maintenance Mid-Century property offers exceptional flexibility, income potential, and future development possibilities. The property features five well-appointed units"three spacious one-bedroom/one-bath residences (each averaging over 600 sq. ft.) and two studio units. Four of the five units have been recently renovated, showcasing modern kitchens, upgraded baths, new flooring, and new electrical sub-panels throughout.Residents enjoy dedicated parking for each unit, including seven covered carport spaces and one garage, a highly valued amenity in this walkable coastal neighborhood. With a 90 Walk Score (Walkers Paradise), tenants are just steps from shops, dining, and the beach.Additional upside potential includes the opportunity to add an ADU within the existing garage structure or explore short-term rental registration to enhance income streams.Whether held as a long-term generational asset or repositioned for added value, this property presents a truly versatile investment in one of Southern Californias most desirable coastal markets.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T18:32:17.363. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169799072
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24 Roswell Long Beach, CA 90803

  • Price: $2,078,500
  • Status: Active
  • On Site: 23 Days
  • Updated: 51 min ago
  • ID#: PW25257377
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1968
Built
Neighborhood:
Belmont Shore (Bsd)
County:
Los Angeles
Area:
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Property Description
Mid-Century Beach Property. 24 Roswell is a rare investment opportunity in the heart of Long Beach, located in Belmont Shore, walking distance to the beach. Situated on an oversized approximately 4,099 sq. ft. lot, this low-maintenance Mid-Century property offers exceptional flexibility, income potential, and future development possibilities. The property features five well-appointed units"three spacious one-bedroom/one-bath residences (each averaging over 600 sq. ft.) and two studio units. Four of the five units have been recently renovated, showcasing modern kitchens, upgraded baths, new flooring, and new electrical sub-panels throughout.Residents enjoy dedicated parking for each unit, including seven covered carport spaces and one garage, a highly valued amenity in this walkable coastal neighborhood. With a 90 Walk Score (Walkers Paradise), tenants are just steps from shops, dining, and the beach.Additional upside potential includes the opportunity to add an ADU within the existing garage structure or explore short-term rental registration to enhance income streams.Whether held as a long-term generational asset or repositioned for added value, this property presents a truly versatile investment in one of Southern Californias most desirable coastal markets.
Exterior Features

Carport Spaces 7 Carport YN Yes Entry Level 1 Entry Location Alley Lot Features Near ParkRectangular Lot Number Of Separate Electric Meters 6 Other Structures Storage Parking Features AssignedCarportGarage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type AlleyCity Street Road Surface Type Paved Roof AsphaltFlat

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Common Interest None Community Features BikingCurbsDog ParkStorm Drain(s)Street LightsSuburbanSidewalksWater SportsPark Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 120912 Gross Scheduled Income 120912 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 72692 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 48552 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 10076 Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-04T18:32:17.363. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): George Bustamante of Coldwell Banker Commercial (562-495-6070) and J. Steven Warshauer of Coldwell Banker Commercial(562-495-6070)