2507 E 14th Street Long Beach, CA $ 1,850,000
2507 E 14th Street
$ 1,850,000
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2507 E 14th Street

Long Beach, CA, 90804
$ 1,850,000
Bedrooms10 Baths8.4 Sq 6,067

Monthly Estimate*

$ 12,923

Listed by RE/MAX College Park Realty
2507 E 14th Street, Long Beach, CA 90804 - Image 1
2507 E 14th Street, Long Beach, CA 90804 - Image 2
2507 E 14th Street, Long Beach, CA 90804 - Image 3
2507 E 14th Street, Long Beach, CA 90804 - Image 4
2507 E 14th Street, Long Beach, CA 90804 - Image 5
2507 E 14th Street, Long Beach, CA 90804 - Image 6
2507 E 14th Street, Long Beach, CA 90804 - Image 7
2507 E 14th Street, Long Beach, CA 90804 - Image 8
2507 E 14th Street, Long Beach, CA 90804 - Image 9
2507 E 14th Street, Long Beach, CA 90804 - Image 10
2507 E 14th Street, Long Beach, CA 90804 - Image 11
2507 E 14th Street, Long Beach, CA 90804 - Image 12
2507 E 14th Street, Long Beach, CA 90804 - Image 13
2507 E 14th Street, Long Beach, CA 90804 - Image 14
2507 E 14th Street, Long Beach, CA 90804 - Image 15
2507 E 14th Street, Long Beach, CA 90804 - Image 16
2507 E 14th Street, Long Beach, CA 90804 - Image 17
2507 E 14th Street, Long Beach, CA 90804 - Image 18
2507 E 14th Street, Long Beach, CA 90804 - Image 19

Multi-Family Home for sale in Long Beach, CA

for $1,850,000 with 10 bedrooms and 8 full baths, 4 half baths. This 6,067 square foot home was built in 1991 on a lot size of 0.148.

Modern Fourplex with large units property consists of Two 3 Bedroom 2 1/2 bath tri level units #1 & #4, roughly 1575 square feet (estimate) & two 2 bedroom 2 1/2 bath units #2 & #3 roughly 1425 square feet (estimate). The Two bedroom units downstairs dining rooms have both been converted into bedrooms so those units are now 3 bedroom units as well. All units have laundry washer hook ups in the kitchen, central heat, recently replaced electrical sub panels, gas fireplaces, Master suites (the 2 bedroom units have dual master suites) & each unit has two patio decks. All tenants pay their own utilities (electricity, gas & trash) except water & the cost of the trash container rental. This property also has subterranean parking with a motorized entrance gate, the entrance is in the rear ally, each tenant gets two parking spots. New roof installed December 2022, Unit #1 was recently renovated including new shower stall in one of the bathrooms, new carpet & freshly painted. All units are currently rented. Video Link to unit #1 it was recently renovated & re-rented https://www.youtube.com/watch?v=wA62ZEjNK2w

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

10

Full Bath

8

Half Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Modern

Lot Size

0.148

Year Built

1991

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24054603

Days on Market

57

Features
General
Interior Features CeilingFans WalkInClosets
Sewer PublicSewer
Heating Central
Cooling None
Utilities CableNotAvailable ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Composition
Appliances GasRange WaterHeater
Zoning LBR2N
HOA 0.0
Garage Spaces 8.0
Architectural Style Modern
Pool Features None
Security Features CarbonMonoxideDetectors Firewalls SecurityGate SmokeDetectors WindowBars
Construction Materials Block Drywall Concrete Stucco CopperPlumbing
Year Built 1991
Tenant Pays Electricity Gas TrashCollection
View Neighborhood
Levels ThreeOrMore
Property SubType Apartment
Gross Income 122016.0
Community Features Curbs Gutters StormDrains StreetLights Suburban Sidewalks
County Los Angeles
Net Operating Income 109687.0
Operating Expense 8029.0
Insurance Expense 2843.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Buyer to work with sellers 1031 Exchange
Subdivision Name Eastside (ES)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Cross streets are PCH & Junipero
City Long Beach
Disclosures RentControl
Entry Location Front door
View Y/N Y
Senior Community Y/N N
Total Units 4
MLS Area 3 - Eastside Circle Area
Lot Size Square Feet 6448.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 4
Street Name 14th
Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange FHA
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 664.0
Home Warranty Y/N N
Current Financing Conventional
Fuel Expense 0.0
Property Condition Turnkey
Trash Expense 356.0
Walk Score 90
Water Sewer Expense 2666.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Total Actual Rent 10168.0
Property Sub Type Additional Apartment
Taxes 23125.0
Cap Rate 4.9
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Interior
Basement SumpPump
Flooring Carpet Tile Vinyl
Fireplace Features Gas LivingRoom
Total Stories 3
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Street Suffix Street
Laundry Features WasherHookup GasDryerHookup Inside
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Block WroughtIron
Parking Features Assigned
Lot Features Item01UnitAcre FrontYard
Water Source Public
Total Parking 8.0
Inclusions Stoves
Lot Size Area 6448.0
Foundation Details BrickMortar Combination ConcretePerimeter PillarPostPier Raised
Number of Buildings 1
Spa N
Building Area Total 6067.0
Lot Size Acres 0.148
Road Surface Type AlleyPaved Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2507
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* Excluded Features
List By
Re/Max College Park Realty

Broker

(562) 982-0300

Phone

Affordability Calculator

$12,923
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,923
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/19/2024$1,850,000 Listed Price

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2507 E 14th Street, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,850,000 with 6,067 sqft and a lot size of 0.148. 2507 E 14th Street has 10 bedrooms, 8.4 baths, and was built in 1991. The property's zip code is 90804 which is in Long Beach, CA