242 W 14th Street Long Beach, CA 90813

$1,199,500
242 W 14th Street, Long Beach, CA 90813
SB18163391

Single Family Home for sale in Long Beach, CA

for $1,199,500. This home was built in 1922 on a lot size of 5667.00 Sqft..

Property Information

  • $1,199,500
  • Single Family
  • Active
  • Lot size of 5667.00 Sqft.
  • Built in 1922
  • Long Beach, CA
  • Washington School Neighborhood
  • Los Angeles County
  • MLS/Web ID is SB18163391
  • Just Listed

Description

We are pleased to present 242 W. 14th Street Apartments, comprised of 6 large 1 Bed/1 Bath Units spread over 3 separate buildings. Located less than a mile from downtown Long Beach, between the Wilmore Historic Distric and Wrigley. Built in 1922, current owners have redone multiple units and completed additional exterior capital improvements to restore this property for new owners. A stable, income producing asset, this property is priced at 13.47 GRM and a 4.3% Cap Rate on current rents with approx. 10% upside for new owner.

Interior 1

Water Source

  • Public Water

Exterior 1

Lot Description

  • Rectangular Lot

Miscellaneous 1

Location

  • Near Public Transportation
  • Urban

† Excluded Feature

Listed By

Broker: BUCKINGHAM INVESTMENTS, INC

242 W 14th Street, Long Beach, CA, 90813 is a Single Family Home for sale at $1,199,500 with a lot size of 5667.00 Sqft.. 242 W 14th Street has 0.0 baths and was built in 1922. The property's zip code is 90813 which is in Long Beach, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Long Beach $1,008,021 16 % below $749,450 38 % below
Single family listings in Long Beach $1,120,765 7 % below $849,900 29 % below

Get the facts about Long Beach, CA!

Population 472,821
Population Growth (since 2000) 2 %
Median Income $55,472
Median Age 34.78
Households w/ Children 31 %

Residential Dwellings

  • Owned 69941
  • Vacant 11388
  • Rented 97481

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