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2751 14Th St Long Beach, CA 90804

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For Sale
$1,050,000

Multifamily property in Long Beach's vibrant Zaferia Design District.

Lot size:
0.15 Acres

Property Features for 2751 14Th St

General Information

Lot size
0.15 Acres

Building Details

Year built
1952
Source: Elliman

Listing Agent: Stephen Takahashi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multifamily Investment in Zaferia District

Located in the Zaferia Design District, this multifamily property offers access to local amenities such as Joe Josts, the Traffic Circle, and Recreation Park. The property features a unit mix of one 2-bedroom/1-bath unit and four 1-bedroom/1-bath units. There are five dedicated parking spaces. The property has 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. This property is located in Long Beach, CA.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Long Beach
County
Los Angeles
State
California
Longitude
-118.1594592
Latitude
33.7846771

FAQs

What type of property is this?
Apartment building - Multifamily property in Long Beach's vibrant Zaferia Design District.
Where is this apartment building located?
The property is located at 2751 14Th St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: - Prime location in the vibrant Zaferia Design District with unbeatable access to local staples.; - Strong financial performance with an attractive 5.37% CAP rate and 11.09 GRM, projected to improve.; - Desirable unit mix: one 2-bedroom/1-bath unit and four 1-bedroom/1-bath units.
More about this property
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