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310 W 14th Street, Long Beach, CA 90813
$1,192,500
310 W 14th Street, Long Beach, CA 90813View this property at 310 W 14th Street, Long Beach, CA 90813
310 W 14th StreetLong BeachCA90813
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Property Description
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.
Full Property Details
Full Property Details for 310 W 14th St
General
- Sold For: $1,192,500
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23134855
- Added to Site: 293 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 1
Location
- Area: 5 - Wrigley Area
- County: Los Angeles
- Development Name: 5 - Wrigley Area
- Driving Directions: Pacific Ave & E Anaheim St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,584
- Year Built: 1912
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1695
- Lot Size Source: Assessor
- Zoning: LBR4N
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $260.14
- Price Per Unit: 205000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Keller Williams - Santa Monica, Robert Stepp
Sold by Keller Williams Coastal Prop., Lawrence Cech
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Schools
Schools serving 310 W 14th St
School District:Long Beach Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
700 Locust Ave, Long Beach, CA 90813 | PK-5 | 0.6 mi | |
1450 Cedar Ave, Long Beach, CA 90813 | 6-8 | 0.1 mi | |
2001 Santa Fe Ave, Long Beach, CA 90810 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 310 W 14th St
Date
Details
Price
Change
Source
12/28/2023
Sold
$1,192,500
-3.05%
MLS
8/18/2023
Price Reduced
$1,230,000
-3.53%
MLS
7/21/2023
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
310 W 14th Street, Long Beach, CA 90813 (MLS# PW23134855) is a Multi-Family property that was sold at $1,192,500 on December 28, 2023. Want to learn more about 310 W 14th Street? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.