Long Beach, CA 90804,2751 14th Street
$982,000
Est. payment /mo
$1,050,000
6.5%
Est.Price: ?

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3,329 SqFt
SOLD DATE : 12/08/2025

Key Details

Sold Price $982,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,329 sqft

Price per Sqft $294

MLS Listing ID CRSB25165993

Sold Date 12/08/25

HOA Y/N No

Year Built 1952

Lot Size 6,502 Sqft

Acres 0.15

Property Sub-Type Other

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

Interior

Fireplace No

Laundry Common Area

Building

Lot Description Other

New Construction No

Others

Tax ID 7260018010

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Bridge MLS
Listed by Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.
Bought with PrashantSampat

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