Listed By:
Tyler Leeson with Marcus & Millichap RE Invest; tleeson@marcusmillichap.com
Address
825 Roswell Avenue, Long Beach, CA
Price
$ 2,850,000
Property Attributes
  • MLS#OC26201934
  • TypeMulti-Family
  • Listing Status Active
  • CountyLos Angeles
  • CityLong Beach
  • Area Eastside, Circle Area
  • NeighborhoodOther
  • Zip90804
  • Style
  • Year Built1963
  • Price$ 2,850,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6384
  • Lot Size0.13 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

825 Roswell Avenue is a 9-unit multifamily investment property located in Long Beach, California. 825 Roswell Avenue is a well-maintained 1960s property featuring a stucco exterior accented by red tile roofing, landscaped frontage and gated access. The property features a unit mix of 1 studio, 7 2-bed/1-bath units and 1 3-bed/2-bath unit, providing a concentration of larger 2-bedroom floor plans. The property has also benefited from completed capital improvements including copper plumbing and a tile roof that was replaced approximately 2 to 3 years ago. The gated property offers on-site laundry and 6 garage parking spaces, providing residents with convenient amenities while creating additional income opportunities for ownership. Laundry currently generates supplemental revenue, while the garage spaces are included with tenant rents, providing future ownership with the potential to further monetize the property’s parking. 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 predominantly 2-bedroom unit mix. 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. 825 Roswell Avenue is being offered in conjunction with the neighboring 4-unit property at 807 Roswell Avenue and 3-unit property at 815 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.

Price History
9/15/2026 Listed $2,850,000

General Features

Sewer Public Sewer
Garage Spaces 6
Pool Features None
Year Built 1963
Property Subtype Apartment
Gross Income 238992
Community Features Curbs,Gutter(s),Street Lights,Sidewalks
County Los Angeles
Net Operating Income 152146
Operating Expense 79789
Insurance Expense 9000
New Construction false
Property Type Residential Income
MaintenanceExpense 7650
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets of Roswell Avenue & East 8th Street
City Long Beach
Entry Location First level
Senior Community Y/N false
Number Of Units Total 9
MLS Area 3 - Eastside, Circle Area
Lot Size Units Acres
Lot Size Square Feet 5662.8
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 1469
Fuel Expense 1470
Trash Expense 1469
Water Sewer Expense 1469
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Apartment
Taxes 36169
Cap Rate 5.34
PostalCity LONG BEACH

Interior Features

Total Stories 1
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1

Exterior Features

Lot Features Street Level
Water Source Public
Total Parking 6
Lot Size Area 0.13
Number of Buildings 1
Building Area Total 6384
Lot Size Acres 0.13
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90804

Price
AVG $1.73M
$2.85M
Year Built
AVG 1946
1963

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