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$1,850,000

Beds
Unknown
sq ft
6,067

2507 E 14th St, Long Beach, CA 90804

2507 E 14th St

Long Beach, CA 90804

  • 105 days on market
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

Details

Property type

Apartment

Lot size

6,448 sq ft

Price per sq ft

$305

Year built

1991

Price History

03/18/2024
CRMLS

CRMLS #PW24054603

Listed
$1,850,000

Schools & Community

Neighborhood: 

Zaferia

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Suburban, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Orange Countys Cu

Loan start date

September 2014

Original loan amount

$450,000

Est. remaining balance

$358,928

Interest rate

4.13%

Loan type

New Conventional, 30 year

Seller

Smith Sea

Lender

Nara Bank Na

Loan start date

December 2002

Original loan amount

$875,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Not Provided

Seller

Smith Sith Sea and Nancy Sea

Lender

Washington Mutual Bank Fa

Loan start date

November 2002

Original loan amount

$197,500

Est. remaining balance

$0

Interest rate

5.59%

Loan type

Not Provided, 15 year

Seller

Smith Sea and Nancy Sea

Lender

Home Savings Of America

Loan start date

April 1996

Original loan amount

$206,400

Est. remaining balance

Not provided

Interest rate

7.41%

Loan type

Seller take-back, 30 year

Seller

Sith Sea and Ny Chea

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:50 AM

Listing updated: 03/19/2024 at 8:00 AM

Listed by: Wesley Lambert, RE/MAX College Park Realty Phone #: (562) 982-0300

MLS: CRMLS #PW24054603

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