First Team Real Estate Logo

Long Beach, CA 90804 2507 E 14th Street

$1,850,000

2507 E 14Th Street Long Beach, Ca - Image 12507 E 14Th Street Long Beach, Ca - Image 22507 E 14Th Street Long Beach, Ca - Image 3
14 more
2507 E 14Th Street Long Beach, Ca - Image 42507 E 14Th Street Long Beach, Ca - Image 52507 E 14Th Street Long Beach, Ca - Image 62507 E 14Th Street Long Beach, Ca - Image 72507 E 14Th Street Long Beach, Ca - Image 82507 E 14Th Street Long Beach, Ca - Image 92507 E 14Th Street Long Beach, Ca - Image 102507 E 14Th Street Long Beach, Ca - Image 112507 E 14Th Street Long Beach, Ca - Image 122507 E 14Th Street Long Beach, Ca - Image 132507 E 14Th Street Long Beach, Ca - Image 142507 E 14Th Street Long Beach, Ca - Image 152507 E 14Th Street Long Beach, Ca - Image 162507 E 14Th Street Long Beach, Ca - Image 172507 E 14Th Street Long Beach, Ca - Image 18
Presented By: Wesley Lambert with RE/MAX College Park Realty; 562-305-7673
  • MLS# PW24054603
  • 03/18/2024
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathFull/Half Baths • 8 / 4
  • FootageSQFT • 6,067
  • GarageGarage • 8

Home Details

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
Presented By: Wesley Lambert with RE/MAX College Park Realty; 562-305-7673

Interior Features for 2507 E 14th Street

Other Interior Features

Air Conditioning Y/NNo
BasementSumpPump
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesGas, LivingRoom
Fireplace Y/NYes
FlooringCarpet, Tile, Vinyl
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup, Inside
Street SuffixStreet
Total Stories3

Other Rooms

Entry Level1

General for 2507 E 14th Street

Additional Parcels Y/NNo
AppliancesGasRange, WaterHeater
Architectural StyleModern
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.9
Carport Y/NNo
CityLong Beach
Community FeaturesCurbs, Gutters, StormDrains, StreetLights, Suburban, Sidewalks
Construction MaterialsBlock, Drywall, Concrete, Stucco, CopperPlumbing
ContingencyBuyer to work with sellers 1031 Exchange
CoolingNone
CountyLos Angeles
Current FinancingConventional
Days on Market1
DirectionsCross streets are PCH & Junipero
DisclosuresRentControl
Electric Expense664.0
Entry LocationFront door
Fuel Expense0.0
Garage Spaces8.0
Garage Y/NYes
Gross Income122016.0
HOA0.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2843.0
Interior FeaturesCeilingFans, WalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange, FHA
Lot Size Square Feet6448.0
MLS Area3 - Eastside, Circle Area
MobileHomeRemainsYNNo
Net Operating Income109687.0
New ConstructionNo
Number of Units Leased4
Operating Expense8029.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property ConditionTurnkey
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Security FeaturesCarbonMonoxideDetectors, Firewalls, SecurityGate, SmokeDetectors, WindowBars
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street Name14th
Subdivision NameEastside (ES)
Tax Lot9
Taxes$23,125
Tenant PaysElectricity, Gas, TrashCollection
Total Actual Rent10168.0
Total Units4
Trash Expense356.0
UtilitiesCableNotAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewNeighborhood
View Y/NYes
Walk Score90
Water Sewer Expense2666.0
Waterfront Y/NNo
Year Built1991
Year Built SourceAssessor
ZoningLBR2N

Exterior for 2507 E 14th Street

Building Area Total6067.0
Crops Included Y/NNo
FencingBlock, WroughtIron
Foundation DetailsBrickMortar, Combination, ConcretePerimeter, PillarPostPier, Raised
Horse Y/NNo
InclusionsStoves
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, FrontYard
Lot Size Acres0.148
Lot Size Area6448.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesAssigned
Road Frontage TypeCityStreet
Road Surface TypeAlleyPaved, Paved
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,850,000
MLS#PW24054603
List Date 03/18/2024
Property Type Multi-Family
Phone 714.964.3311
Request Tour
Request Info
Visit My Website

Similar Properties to 2507 E 14th Street

Ask A Question

CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors