2749 E Anaheim Street Long Beach, CA $ 1,199,000
2749 E Anaheim Street
$ 1,199,000
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2749 E Anaheim Street

Long Beach, CA, 90804
$ 1,199,000
Baths0.0 Sq 3,660

Monthly Estimate*

$ 8,375

Listed by Legacy One Real Estate
2749 E Anaheim Street, Long Beach, CA 90804 - Image 1
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Studio

Commercial Property for sale in Long Beach, CA

for $1,199,000. This 3,660 square foot building was built in 1924 on a lot size of 0.0925.

Exciting Investment Opportunity in Historic Zaferia Art and Business District! Welcome to 2745-2749 E. Anaheim St., Long Beach, CA 90804 - an incredible 3-unit commercial building that awaits your ownership. This historic gem is nestled in the well-known Zaferia Art and Business district, renowned for its unique personality and edgy charm, setting it apart from other business districts in Long Beach. Located in the heart of the city, Zaferia thrives as the main artery of Long Beach, offering a vibrant atmosphere with lively bars, eclectic restaurants, and enchanting performing arts theaters. Spanning 3,660 Sq. Ft. on a generous 4,038 Sq. Ft. lot, this building stands proudly next to the United States Post Office at the prominent corner of E. Anaheim and Temple St. Enjoy ample street parking, high visibility, and abundant foot traffic, creating the perfect environment for commercial success. Strategically positioned just minutes away from the traffic circle and the 405 freeway, this location offers unmatched accessibility, attracting potential customers and tenants alike. Whether you are an owner-occupier seeking a prime spot for your business or an astute investor looking for an excellent return, this property suits both purposes flawlessly. Currently offering a solid 5.4% cap rate, the existing below-market rents present an outstanding opportunity for investors to elevate the cap rate to nearly 6%. Whether you are an exchange buyer seeking a profitable venture or an owner in search of lucrative cash flow, this property fits the bill. Don't miss out on this ideal investment in the thriving Zaferia district. Embrace the potential and possibilities this property offers, and secure your future in Long Beach's vibrant commercial landscape. Act now and capitalize on this fantastic opportunity!

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Commercial Active

Price

$ 1,199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,194

Style

Retail

Lot Size

0.0925

Year Built

1924

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC23138015

Days on Market

293

Features
General
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Roof Flat RolledHotMop
Security Features FireSprinklerSystem
Construction Materials Brick Drywall Concrete Stucco
Year Built 1924
Electric Item220Volts
Topography Rolling
Property SubType Retail
Business Type Church Clothing Retail
County Los Angeles
Net Operating Income 53600.0
Operating Expense 13219.0
Insurance Expense 2754.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Located on the corner of Anaheim Blvd and Temple Ave.
City Long Beach
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area 3 - Eastside Circle Area
Lot Size Square Feet 4031.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Anaheim
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 8194.0
Home Warranty Y/N N
Current Financing Conventional
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 274
Building Area Units SquareFeet
Standard Status Active
Occupancy Description Tenant
Year Built Source PublicRecords
Property Sub Type Additional Retail
Cap Rate 5.4
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Exterior
Fencing ChainLink
Lot Features Item01UnitAcre CornerLot CornersMarked StreetLevel Walkstreet RollingSlope
Water Source Public
Lot Size Area 4031.0
Spa N
Building Area Total 3660.0
Lot Size Acres 0.0925
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 2749
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* Excluded Features
List By
Legacy One Real Estate

Broker

(310) 508-9049

Phone

Affordability Calculator

$9,058
Per Month
92%
8%
0%
Monthly Principal & Interest
$8,375
Monthly Property Taxes
$683
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2023$1,199,000 Listed Price

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2749 E Anaheim Street, Long Beach, CA, 90804 is a Commercial Property for sale at $1,199,000 with 3,660 sqft and a lot size of 0.0925. 2749 E Anaheim Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 90804 which is in Long Beach, CA