2751 E 14th St - Apartments FOR SALE


Long Beach, CA 90804- Eastside Long Beach
$1,185,000 USD
310-403-9145
2751 E 14th St, Long Beach, CA for Sale
$1,185,000 USD
Apartments - FOR SALE
1/27
null | 4.21% Cap Rate

2751 E 14th St
Long Beach, CA 90804
Eastside Long Beach


HIGHLIGHTS

  • Great Location: Located in Zaferia Design District near local staples such as Joe Jost’s, Traffic Circle, Rec Park, and much more!
  • Current* CAP 4.21% After Rent Increases* 4.98% | Current* GRM 12.58 After Rent Increases* 11.38 |Market* CAP 6.03% After Rent Increases* 5.98%
  • Parking Spaces

OVERVIEW

The Stiegler Takahashi Group is 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 4.21% and a 12.58 GRM—both projected to improve to a 4.98% CAP and 11.38 GRM following scheduled rent increases plus even more upside! 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 DETAILS

PRICE

$1,185,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

5

PRICE/UNIT

$237,000

CAP RATE

4.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value Add Long Beach Apartment Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,499 SF

ZONING

LBR2N

APN/PARCEL ID

7260-018-010

ASK ABOUT THIS PROPERTY

Stephen TakahashiLyon Stahl Investment Real Estate, Inc.More Info
310-403-9145

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Stephen TakahashiLyon Stahl Investment Real Estate, Inc.More Info
310-403-9145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.