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Listed by Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.
$ 1,100,000
Est. payment /mo
Active
2751 14th ST Long Beach, CA 90804
6,502 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25165993
Year Built 1952
Lot Size 6,502 Sqft
Source California Regional MLS
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
Laundry Community Facility
Exterior
Parking Features Uncovered Parking
Garage Spaces 5.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 7260018010
Special Listing Condition Not Applicable
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