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.
For sale
Listing Provided by:
Stephen Takahashi DRE #01944770 310-403-9145,
Lyon Stahl Investment Real Estate, Inc.,
John Stiegler II DRE #01981597,
Lyon Stahl Investment Real Estate, Inc.
Price cut: $150K (7/28)
$1,100,000
2751 E 14th St, Long Beach, CA 90804
14beds
12baths
3,329sqft
Est.:
Multi Family
Built in 1952
-- sqft lot
$1,100,300 Zestimate®
$330/sqft
$-- HOA
What's special
- 67 days |
- 96 |
- 5 |
- Loading
- Loading