2751 14th ST Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,329 sqft
Price per Sqft $355
MLS Listing ID SB25146071
HOA Y/N No
Year Built 1952
Lot Size 6,503 Sqft
Acres 0.1493
Property Sub-Type Multi Family
Property Description
We are proud to present a prime multifamily investment opportunity located in the heart of the vibrant Zaferia Design District. This well-positioned asset offers unbeatable access to local staples such as Joe Jost's, the Traffic Circle, Recreation Park, and more. The property features a desirable unit mix consisting of one spacious 2-bedroom/1-bath unit and four well-maintained 1-bedroom/1-bath units, appealing to a broad and stable tenant base. Financial performance is strong, with a current CAP rate of 4.21% and a 12.58 GRM—both projected to improve to a 4.98% CAP and 11.38 GRM following scheduled rent increases. With five dedicated parking spaces and an unbeatable location, this property offers a rare blend of consistent income, future upside, and long-term value in one of Long Beach's most dynamic neighborhoods.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Interior
Laundry Common Area
Building
Lot Description Rectangular Lot
Story 1
Water Public
Others
Acceptable Financing None
Listing Terms None
Financing None
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS 1031 Exchange,Cash,Cash To New Loan,Conventional
LIST AGRMT Exclusive Right To Sell
SHOW CONTACT TYPE See Remarks
SHOW INSTRUCTIONS With accepted Offer