Bought with Prashant Sampat • Pacific Avenue Realty
$982,000
$1,050,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
2751 14th Street Long Beach, CA 90804
3,329 SqFt
Key Details
Sold Price $982,000
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 3,329 sqft
Price per Sqft $294
MLS Listing ID CRSB25146071
Sold Date 12/09/25
HOA Y/N No
Year Built 1952
Lot Size 6,502 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
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
Building
Water Public
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