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310 W 14th St
Long Beach, CA 90813
Value Add | 7.43% Cap Rate at Market · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Value-Add Opportunity with Over 55% in Rental Upside
- Only $268 per SF / $205,000 per Unit
- 3 Storage Units that generate $160/mo in Income
- Priced at 9.40 GRM / 7.16% Cap Rate at Market Rents
- Potential Garage-to-ADU Conversion for Additional Income
- Seller Carry Financing Available Up to $400,000
Property Facts
| No. Units | 6 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,584 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1912 |
| Building Class | C | ||
| Zoning | LBR4N | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,584 SF |
| No. Stories | 2 |
| Year Built | 1912 |
| Zoning | LBR4N |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,025 | 775 - 1,000 |
| 1+1 | 2 | $1,675 | 550 - 700 |
Property Taxes
| Parcel Number | 7269-042-015 | Improvements Assessment | $632,400 |
| Land Assessment | $583,950 | Total Assessment | $1,216,350 |
Property Taxes
Parcel Number
7269-042-015
Land Assessment
$583,950
Improvements Assessment
$632,400
Total Assessment
$1,216,350
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