CA > Long Beach
Long Beach, CA 90804,2751 14th ST
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Long Beach, CA 90804,2751 14th ST
Long Beach, CA 90804,2751 14th ST
Long Beach, CA 90804,2751 14th ST
Long Beach, CA 90804,2751 14th ST
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Engel & Völkers Palm Desert

Engel & Völkers Palm Desert

+1(909) 327-2223
$ 1,100,000
Est. payment /mo
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Active

2751 14th ST Long Beach, CA 90804

6,503 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25165993

HOA Y/N No

Year Built 1952

Lot Size 6,503 Sqft

Property Sub-Type Apartment

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 5.07% and a 11.62 GRM—both projected to improve to a 5.90% CAP and 10.52 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

Parking Features Uncovered

Pool None

Community Features Sidewalks, Urban

Total Parking Spaces 5

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7260018010

Energy Description 1381.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Stephen Takahashi Lyon Stahl Investment Real Estate, Inc. 310-403-9145
agent

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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2751 14th ST