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310 W 14th Street
MixedUse
$1,230,000

Units

6

Building Size

4,584 sf

Lot Size

7,383 sf

Status

Sold

Listing Agent: Robert Stepp, Keller Williams - Santa Monica

Long Beach

310 W 14th Street

About This Property

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.

Unit Mix

  • 2 units · 2bd / 1ba
  • 2 units · 1bd / 1ba

Neighborhood

This property is located in Long Beach. Want to learn more about the area?

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Sold For

$1,230,000

Listing Agent

Robert Stepp

Keller Williams - Santa Monica