15
See all 15 photos
$1,185,000
Est. payment /mo
6,503 Sqft Lot
Active
2751 14th ST Long Beach, CA 90804
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25146071
HOA Y/N No
Year Built 1952
Lot Size 6,503 Sqft
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
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 5
Building
Lot Description Rectangular Lot
Story 1
Water Public
Others
Tax ID 7260018010
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Stephen Takahashi Lyon Stahl Investment Real Estate, Inc. 310-403-9145