Listing Detail


229 Roswell Ave., Long Beach, CA 90803

229 Roswell Ave.jpg

Incredible opportunity to own a 4-unit residential property in the prestigious Belmont Heights neighborhood. All units are separately metered for gas and electricity. All units are currently occupied, photos of the units on MLS are from 2021 & 2022 before it was rented. Minutes away from Woodrow Wilson High School, Blair Field, Recreation Area, California State University, Long Beach City Beach, Colorado Lagoon, schools, shopping centers, restaurants, and transportation links. The property is under rent control subject to California Assembly Bill 1482. Property is being sold AS IS and WHERE IS with the current tenant in place. Buyer to conduct their own investigations.

Showing Remarks: Do NOT disturb the occupant(s). Showings ONLY during scheduled open houses. MLS will be updated regularly.

Property Highlights
Street 229 Roswell Ave
City Long Beach
State CA
Zip 90803
Status Sold
Property Type Multi-family
Asking Price $1,995,000
Sold Price $2,050,000.00
Year Built 1977
Building Sq Ft 4,246
Number of units 4
CAP Rate 3.88
GRM 16.41
Value per Square Feet $469.85
Broker Name Vinny Jain
Telephone (310) 207-2288
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