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Listed by George Bustamante • Coldwell Banker Commercial
$ 2,078,500
Est. payment | /mo
2,780 SqFt
$ 2,078,500
Est. payment | /mo
2,780 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,780 sqft
Price per Sqft $747
MLS Listing ID CRPW25257377
HOA Y/N No
Year Built 1968
Lot Size 4,099 Sqft
Property Sub-Type Other
Source Datashare California Regional
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 (“Walker's Paradiseâ€), 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 California's most desirable coastal markets.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Other
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