516 518 Roycroft Avenue, Long Beach, CA 90814

$1,995,000

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List Price
$1,995,000
Status
ACTIVE
MLS#
PW26134375
Year Built
1947
Lot Size
6,318
Acres
0.15
Lot Location
0-1 Unit/Acre, Drip Irrigation/Bubblers, Front Yard, Landscaped, Near Park, Near Public Transit
Days on Market
35
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level, Two Levels
Neighborhood
Belmont Heights (Bh)

Property Description

In a rather hidden enclave of Belmont Heights, this wonderful property offers 2 separate homes for investment or owner occupier w/ an income. This is a low traffic area with great walk-ability. The owner has resided in each of these homes & these are not typical “rental” properties. The front home, while originally built in 1947, has been gutted & undergone multiple renovations. It is 3 bedrooms, 3 baths, a studio, and a loft. With cathedral ceilings, the airy yet cozy interiors feature heart of redwood paneling in the dining & living rooms, wood burning fireplace, large family room w/ adjacent sun room, & the loft above it all. The kitchen is thoughtfully updated with in-demand stainless appliances, Caesarstone counter tops, 5 burner stove, built-in Jenn-Air grille, instant hot water tap, & elegant travertine flooring. Well selected natural cherry cabinetry for smart storage completes the space. A separate laundry & refrigerated wine room is adjacent to the kitchen. The downstairs bedroom offers a remodeled bath with high tech shower fixtures. The upper floor is clad in Berber carpeting & the loft is a convenient space that overlooks the living room. Bedroom 1 features a sliding glass door to a private deck, & the 2nd bedroom upstairs has a very large closet. A studio/4th bedroom has a deck w/ separate entrance accessed by spiral staircase. The home has forced air heat & central air.. It enjoys part of the yard area & shares a 2-car garage w/ the rear home. The owner added 1000 sf to create appx 2600 sf. Recent re-landscape is no maintenance w/ installation of artificial turf & drip system. Most decks & the walkway are crafted of elegant, precious, & extremely durable Ipe wood. When the private rear home was the owner's unit no expense was spared in an extensive make over – think HGTV! This home was built in 1963 & attention to detail is superior. A large living room w/skylights fir wonderful natural light & a fireplace for heating the home is showcased amid hardwood flooring. The kitchen is beautifully remodeled with stunning cabinetry, Caesarstone counter tops, & luxurious appliances including a refrigerator, dual convection & microwave oven, dishwasher, & refrigerated wine storage. The bath is fitted with a “no step” walk in shower, dramatic tile, high end plumbing fixtures, & elegant cabinetry. This rear home is estimated at 950 sf & has a secluded & enclosed rear yard w/ laundry locker w/appliances, & semi-private front patio for al fresco dining.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$88,800
Operating Expense
4220

Listing courtesy of Listing Agent: Cathy Lyn Brooks (real.estate.matters@outlook.com) from Listing Office: United Real Estate Professionals.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.