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2507 E 14Th St, Long Beach, CA 90804
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2507 E 14Th St Long Beach, CA 90804

$1,850,000
  • 10 Beds
  • 10 Baths
  • 6,067 Sq.Ft.
For Sale
$1,850,000 Get Pre-Qualified
Map preview of 2507 E 14Th St, Long Beach, CA 90804

Property Overview: 2507 E 14Th St Long Beach, CA has 10 bedrooms, 10 bathrooms, 6,067 living square feet and 6,448 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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

Listed by Wesley Lambert | BRE #01404563 | RE/MAX College Park Realty
Last checked: 9 minutes ago | Last updated: March 19th, 2024 | Source CRMLS | DOM: 31
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Home details

Lot Sq. Ft
6,448
HOA Dues
$0/mo
Year built
1991
Garage
8 Car
Property Type:
Apartment
Status
Active
MLS#
PW24054603
City
Long Beach
County
Los Angeles
Time on Site
39 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,307
  • Total Rent: $2,307
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,611
  • Total Rent: $2,611
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.9%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $122,016
  • Net Operating Income: $109,687
  • Gross Operating Income: $117,135
Annual Expense Breakdown
  • Total Operating Expense: $8,029
  • Electric: $664
  • Gas/Fuel: $0
  • New Taxes: $23,125
  • Trash: $356
  • Gardener: $960
  • Insurance: $2,843
  • Professional Management: $0
  • Water/Sewer: $2,666

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Property Details for 2507 E 14Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room, Gas
Room Information
  • Flooring: Carpet, Tile, Vinyl
  • Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full, Sump Pump
  • Levels: Three Or More
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Firewall(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7260019009
  • Year Built Source: Assessor
  • Architectural Style: Modern
  • Entry Level: 1
  • Foundation Details: Brick/Mortar, Combination, Concrete Perimeter, Pillar/Post/Pier, Raised
  • Property is Attached
  • Offered With Property: Stoves
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Eastside (ES)
  • Directions: Cross streets are PCH & Junipero
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Long Beach Agent

Sale History for 2507 E 14Th St

Last sold on April 21st, 2006

  • March, 2024

  • Mar 18, 2024

    Date

    Active

    CRMLS: PW24054603

    $1,850,000

    Price

  • December, 2023

  • Dec 9, 2023

    Date

    Expired

    CRMLS: PW23104666

    $1,874,000

    Price

  • Jun 13, 2023

    Date

    Active

    CRMLS: PW23104666

    $1,899,000

    Price

  • Listing provided courtesy of CRMLS

    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 actually 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 late 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

  • April, 2006

  • Apr 21, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2006

  • Mar 31, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2507 E 14Th St

Assessed Value (2020): $398,608
Year Land Value Improved Value Assessed Value
2020 $121,510 $277,098 $398,608

Home Value Compared to the Market

This property vs the competition

2507 E 14Th St is listed 131.25% higher than the median list price for the city of Long Beach which has a median list price of $800,000. The median price per/sqft for Long Beach is $633 and this home is listed at $304.93 per/sqft which puts the price per square foot 51.83% lower than the median price per square foot for the city of Long Beach.

About 2507 E 14Th St

Detailed summary of property

2507 E 14Th St is a apartment located in Long Beach, CA 90804 and is currently for sale. This apartment offers 10 bedrooms, 10 bathrooms, roughly 6,067 living square feet, and sits on an approximately 6,448 square foot lot. 2507 E 14Th St was first listed on ArdentRealEstateGroup.com on March 19, 2024. The homeowner is currently asking $1,850,000. The median priced home in Long Beach is $800,000 with a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 131.25% higher than the median priced home. Local competing homes currently for sale include 1616 E 4th St, 1102 Termino Ave and 1000 E 10th St. While the average home in Long Beach, CA is selling in 56 days, 2507 E 14Th St has a days on market of 31 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. For more information on this home for sale at 2507 E 14Th St Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 2507 E 14Th St

Public county record property details
Beds
10
Baths
12
Year built
1991
Sq. Ft.
6,067
Lot Size
6,448
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
7260-019-009

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$519,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$642,000
Median Sold Price/Sq.Ft.
$584
Total Inventory
41
Median Sale to List Price %
95.82%
Avg Days on Market
25
Loan Type
Conventional (83.33%), FHA (0%), VA (0%), Cash (0%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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