$1,230,000 - 310 14th Street, Long Beach

  • 6Beds
  • 4Baths
  • 0SQ. Feet
  • 0.17Acres

310 W. 14th Street is a 6-unit multifamily asset in Long Beach, California. The property is comprised of one (1) 2BD / 1BA house; one (1) 1BD/1BA house; three (3) 2BD/1BA units; and one (1) 1BD / 1BA unit. The property is located on a corner lot and offers onsite laundry facilities for residents. There is a single-car garage that provides storage income currently, and has the potential to be converted to an ADU for additional rental income. Priced at only $268 per square foot and $205,000 per unit, 310 W. 14th Street provides a new investor with a value-add opportunity with over 55% in rental upside. A new owner can realize 9.40 GRM and 7.16% cap rate at market rents.

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Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW23134855
  • Price:$1,230,000
  • Bedrooms:6
  • Bathrooms:4.00
  • Acres:0.17
  • Year Built:1912
  • Type:Residential Income
  • Sub-Type:Mixed Use
  • Status:Closed
  • Listing Agent:Robert Stepp
  • Listing Office:Keller Williams - Santa Monica

Community Information

  • Address:310 14th Street
  • Area:5 - Wrigley Area
  • Subdivision:Willmore
  • City:Long Beach
  • County:Los Angeles
  • Zip Code:90813

Amenities

  • Parking Spaces:1
  • # of Garages:1
  • Pool:None

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:6-10 Units/Acre

Additional Information

  • Date Listed:July 21st, 2023
  • Days on Market:55
  • Zoning:LBR4N

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Based on information from California Regional Multiple Listing Service, Inc. as of May 8th, 2024 at 2:50pm CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.