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229 Roswell Avenue
$1,995,000

Units

4

Building Size

4,246 sf

Lot Size

5,569 sf

Status

Sold

Listing Agent: Vineendra Jain, Ingenious Asset Group, Inc.

Long Beach

229 Roswell Avenue

About This Property

Incredible opportunity to own a 4-unit residential property in the prestigious Belmont Heights neighborhood. There are 4 separate electric meters on the subject property - one for each unit. There are only 2 gas meters on the property. The House Meter (Meter No. 0275092236), provides gas to Units A, C, and D, the central water heater, and the common laundry. Landlord pays for the house meter, along with water, sewer, and trash service for the property. Second gas meter (Meter No. 0275092235) services only Unit B, and the tenant in Unit B is responsible for paying for their own gas service. Unit A, B, and C have gas powered Stoves. Unit D has an electric stove. Unit B is now vacant and will be delivered vacant at close of escrow. Photos of the units on MLS are from 2021 & 2022 before they were 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 current the 3 tenant(s) in place. Buyer to conduct their own investigations.

Unit Mix

  • 1 unit · 3bd / 1ba
  • 1 unit · 2bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Sold For

$1,995,000

Listing Agent

Vineendra Jain

Ingenious Asset Group, Inc.