Long Beach, CA 90804,2751 14th Street
Listed by Stephen Takahashi • Lyon Stahl Investment Real Estate, Inc.
Bought with Prashant Sampat • Pacific Avenue Realty

$982,000

Est. payment /mo

$1,050,000

6.5%
Est.Price: ?

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2751 14th Street Long Beach, CA 90804

3,329 SqFt

SOLD DATE : 12/09/2025

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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Bay East Association of Realtors
Patricia Beattie

Patricia Beattie

Broker | CA DRE#02153415

+1(800) 517-7326

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