2751 14th Street new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25165993
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
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 Josts, 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 GRMboth 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 Beachs most dynamic neighborhoods.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Head east on Valley Dr toward Pacific Ave 105 ft Turn right at the 1st cross street onto Pacific Ave 131 ft Slight left onto Mar
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 7260018010