229 Roswell Avenue
Long Beach, CA 90803
Sold
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.
PROPERTY INFORMATION
MLS # | 23293815 | Lot Size | 5,569 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 1,995,000
Price Per SqFt: $ 470 |
DOM | 651 Days |
Address | 229 Roswell Avenue | Type | Residential Income |
City | Long Beach | Sq.Ft. | 4,246 Sq. Ft. |
Postal Code | 90803 | Garage | 4 |
County | Los Angeles | Year Built | 1977 |
Bed / Bath | 9 / 0 | Parking | 4 |
Built In | 1977 | Status | Closed |
Sold Date | 2023-10-30 |
INTERIOR FEATURES
Has Fireplace | Yes |
Fireplace Information | Living Room |
Has Appliances | Yes |
Kitchen Appliances | Dishwasher, Microwave, Refrigerator, Range, Range Hood |
Has Heating | Yes |
Heating Information | Fireplace(s), Wall Furnace |
Room Information | Living Room |
Flooring Information | Vinyl, Tile, Carpet, Wood |
InteriorFeatures Information | Ceiling Fan(s), Recessed Lighting |
Has Spa | No |
SpaDescription | None |
SecuritySafety | Carbon Monoxide Detector(s), Smoke Detector(s) |
Bathroom Information | Shower |
EXTERIOR FEATURES
Roof | Shingle |
Has Pool | No |
Pool | None |
Has Sprinklers | No |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,128
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
07/27/2023 | Listed | $1,995,000 |

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Listing provided courtesy of Vineendra Jain, Ingenious Asset Group, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.