2751 14th Street new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,329 sqft
Price per Sqft $330
MLS Listing ID CRSB25165993
Year Built 1952
Lot Size 6,502 Sqft
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 5.07% 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
Interior
Laundry Common Area
Building
Lot Description Other