2751 14th Street Active Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,329 sqft
Price per Sqft $315
MLS Listing ID SB-25165993
Year Built 1952
Lot Size 6,502 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
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 5.37% and a 11.09 GRM—both projected to improve to a 6.36% CAP and 9.91 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 Community
Exterior
Parking Features Uncovered
Pool None
Community Features Sidewalks,Urban
Building
Lot Description Rectangular Lot
Sewer Public Sewer