807 Roswell Ave - Apartments FOR SALE


Long Beach, CA 90804- Eastside Long Beach
$2,100,000 USD
714-713-9086
807 Roswell Ave, Long Beach, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/8
null | 3.49% Cap Rate

807 Roswell Ave
Long Beach, CA 90804
Eastside Long Beach


HIGHLIGHTS

  • Spacious Townhomes: Four large two-story units (three 2-Bed, one 3-Bed) averaging 1,160+ SF with private patios.
  • Major Upgrades: Fully repiped, new electrical subpanels, and a ~2-year-old roof.
  • Income Upside: Three unmonetized garages offer immediate parking revenue potential.
  • Prime Location: One block from Wilson High; minutes to Recreation Park, Belmont Shore, and CSULB.
  • Assemblage Play: Buy individually or with two adjacent properties to control up to 16 contiguous units on one block.

OVERVIEW

The Leeson Group of Marcus & Millichap is pleased to present the opportunity to acquire 807 Roswell Avenue, a 4-unit multifamily investment property located in Long Beach, California. Built in 1972, 807 Roswell Avenue offers a desirable vintage, an all-townhome unit mix and exceptionally spacious floor plans consisting of 3 2-bed/1-bath units and 1 3-bed/2-bath unit. The residences total approximately 4,642 SF of net rentable area, averaging more than 1,160 SF per unit. These larger multi-bedroom floor plans, 2-story layouts and private patios provide a residential living experience that is increasingly difficult to replicate and highly desirable among Long Beach renters. The gated property has been well maintained by current ownership and is attractively landscaped, contributing to its strong curb appeal and residential character. Ownership has also completed several meaningful capital improvements, including a full repipe, new electrical subpanels and a roof replacement approximately 2 years ago consisting of tile roofing with flat composition sections. The property includes 3 garage parking spaces that are not currently separately monetized, providing an additional opportunity to generate parking income while retaining a valuable tenant amenity. 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 larger 2- and 3-bedroom floor plans. 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. 807 Roswell Avenue is being offered in conjunction with the neighboring triplex at 815 Roswell Avenue and the 9-unit property at 825 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. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$452 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

3.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

LBR3S

APN/PARCEL ID

7254-019-017

ASK ABOUT THIS PROPERTY

Tyler LeesonMarcus & MillichapMore Info
714-713-9086

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Tyler LeesonMarcus & MillichapMore Info
714-713-9086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.