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2749 E Anaheim St, Long Beach, CA 90804
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2749 E Anaheim St Long Beach, CA 90804

$1,199,000
  • -- Beds
  • -- Baths
  • 3,660 Sq.Ft.
For Sale
$1,199,000 Get Pre-Qualified
Map preview of 2749 E Anaheim St, Long Beach, CA 90804

Property Overview: 2749 E Anaheim St Long Beach, CA has -- bedrooms, -- bathrooms, 3,660 living square feet and 4,031 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: 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!

Listed by Joshua Wilson | BRE #02056653 | Legacy One Real Estate
Last checked: 4 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 283
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Home details

Lot Sq. Ft
4,031
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Retail
Status
Active
MLS#
OC23138015
City
Long Beach
County
Los Angeles
Time on Site
284 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,050
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $3,240
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,260
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $66,600
  • Net Operating Income: $53,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,219
  • Insurance: $2,754

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Property Details for 2749 E Anaheim St

Interior Features
Laundry Information
  • None
Interior Features
  • Security Features: Fire Sprinkler System
Exterior Features
Exterior Information
  • Roof: Flat, Rolled/Hot Mop
  • Has Fence
  • Chain Link
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Corners Marked, Level with Street, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 7260026024
  • Year Built Source: Public Records
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Located on the corner of Anaheim Blvd and Temple Ave.
View more facts & features

Local Long Beach Agent

Sale History for 2749 E Anaheim St

Last sold for $580,000 on October 5th, 2016

  • July, 2023

  • Jul 27, 2023

    Date

    Active

    CRMLS: OC23138015

    $1,199,000

    Price

  • December, 2019

  • Dec 19, 2019

    Date

    Expired

    CRMLS: OC19048600

    $799,000

    Price

  • Nov 21, 2019

    Date

    Withdrawn

    CRMLS: OC19048600

    $799,000

    Price

  • Mar 4, 2019

    Date

    Active

    CRMLS: OC19048600

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    We are very excited to present this incredible 3 unit investment opportunity to 2745-2749 E. Anaheim St. Long Beach CA 90804. This historic building is located in the well known Zaferia Art and Business district. Zaferia has always been labeled as have a unique personality and a degree of edginess and set apart from other business districts located in the city of Long Beach. The east Anaheim corridor serves as the main artery of Long Beach and Zaferia is located in the heart of the city. The streets are lined with lively bars, eclectic, and unique restaurants and wonderful performing arts theaters. This 3 unit, 3,660 Sq. Ft. Building is located on a 4,038 Sq. Ft. lot located next to the United States Post Office. Located on the corner of E. Anaheim and Temple St. There is plenty of ample street parking as well as exposure and high foot traffic. Located just minutes away from the traffic circle and the 405 freeway, This is an incredible location to have as an owner occupied building or to keep as an investment. Already offering a 5.1% cap rate, these below market rents offer an investor the opportunity to achieve nearly a 6.8% cap rate. This is the ideal opportunity for an exchange buyer or for an owner looking to cash flow.

  • November, 2019

  • Nov 2, 2019

    Date

    Expired

    CRMLS: OC19026656

    --

    Price

  • Feb 4, 2019

    Date

    Active

    CRMLS: OC19026656

    --

    Price

  • Listing provided courtesy of CRMLS

    ZONED FOR LIVE AND WORK!!! Move in !!!Great Location!!! Located next to the United States Post Office. Located on the corner of E. Anaheim and Temple St. There is plenty of ample street parking as well as exposure and high foot traffic. Located just minutes away from the traffic circle and the 405 freeway, located in the gorgeous Zaferia Long Beach business district. Unit contains a half bathroom. Seller is responsible for water and trash. This 2160 sq. ft. corner unit is located on a 4,038 sq. ft. lot and is the perfect location to start your business.

  • November, 2018

  • Nov 9, 2018

    Date

    Expired

    CRMLS: OC18181970

    $3,240

    Price

  • Jul 30, 2018

    Date

    Active

    CRMLS: OC18181970

    $3,240

    Price

  • Listing provided courtesy of CRMLS

    Great location!!! Located next to the United States Post Office. Located on the corner of E. Anaheim and Temple St. There is plenty of ample street parking as well as exposure and high foot traffic. Located just minutes away from the traffic circle and the 405 freeway, located in the gorgeous Zaferia Long Beach business District. Unit contains a half bathroom. Seller is responsible for water and trash. This 2160 sq. Ft. corner unit is located on a 4,038 Sq. Ft. is the perfect location to start your business!!!

  • June, 2018

  • Jun 24, 2018

    Date

    Expired

    CRMLS: OC18066287

    $849,000

    Price

  • May 19, 2018

    Date

    Price Change

    CRMLS: OC18066287

    $849,000

    Price

  • Apr 9, 2018

    Date

    Price Change

    CRMLS: OC18066287

    $874,900

    Price

  • Mar 24, 2018

    Date

    Active

    CRMLS: OC18066287

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    We are very excited to present this incredible 3 unit investment opportunity at 2745-2749 E. Anaheim St. Long Beach, CA 90804.This historic building is located in the well known Zaferia Art and Business district. Zaferia has always been labeled as having a unique personality and a degree of edginess and set apart from other business districts located in the city of Long Beach. The East Anaheim corridor serves as the main artery of Long Beach and Zaferia is located in the heart of the city. The streets are lined with lively bars, eclectic, and unique restaurants and wonderful performing arts theaters. This 3 unit 3,660 Sq. Ft. building is located on a 4,038 Sq. Ft. located next to the United States Post Office.Located on the corner of E. Anaheim and Temple St. There is plenty of ample street parking as well as exposure and high foot traffic. Located just minutes away from the traffic circle and the 405 freeway, this is an incredible location to have as an owner occupied building or to keep as an investment. Already offering a nearly 5.5% cap right, these below market rents offer an investor the opportunity the achieve nearly a 6.3% cap rate. This is the ideal opportunity for an exchange buyer or for an owner looking to acquire a cash flow building located in the gorgeous Zaferia Long Beach Business District.

  • November, 2017

  • Nov 3, 2017

    Date

    Canceled

    CRMLS: OC17064241

    $749,900

    Price

  • Aug 11, 2017

    Date

    Active

    CRMLS: OC17064241

    $749,900

    Price

  • Jun 27, 2017

    Date

    Hold

    CRMLS: OC17064241

    $749,900

    Price

  • Mar 29, 2017

    Date

    Active

    CRMLS: OC17064241

    $749,900

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location. Great corner lot, on a highly trafficked Anaheim Avenue. Two units contain retail clothing stores and the third unit is a Beauty Salon. This property is located next to the United States Post office, so heavy foot traffic and advertising. Located on a Corner lot for great exposure and ample street parking. Located just minutes from the Traffic circle and the 405 Freeway. Great location to have an owner occupied building or to keep it as an investment. Building is completely occupied.

  • October, 2016

  • Oct 5, 2016

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • April, 2015

  • Apr 20, 2015

    Date

    Sold (Public Records)

    Public Records

    $365,000

    Price

  • March, 2015

  • Mar 25, 2015

    Date

    Price Change

    CRMLS: OC14172015

    $455,000

    Price

  • Feb 8, 2015

    Date

    Price Change

    CRMLS: OC14172015

    $475,000

    Price

  • Nov 27, 2014

    Date

    Price Change

    CRMLS: OC14172015

    $595,000

    Price

  • Nov 25, 2014

    Date

    Price Change

    CRMLS: OC14172015

    $5,950,000

    Price

  • Sep 6, 2014

    Date

    Price Change

    CRMLS: OC14172015

    $650,000

    Price

  • Sep 5, 2014

    Date

    Price Change

    CRMLS: OC14172015

    $699,000

    Price

  • Aug 12, 2014

    Date

    Price Change

    CRMLS: OC14172015

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    HELLO, THIS PROPERTY SITS ON THE N/W CORNER OF TEMPLE AND ANAHEIM ST. It is an unreinforced Brick building that was earthquake retrofitted. At one time it was four stores, there are two entrances on Temple and two on Anaheim St. I believe a new roof was installed approx. ten years ago. There is upgraded power with heavier amp service and sub panels throughout. The zoning is CCP. Go to the City of Long Beach Web site to see the allowed, conditional, or restricted zoning usages. There is NO parking. The Owner will carry the first trust deed, long term. Vacant- has many allowable usages ! Presently there is no income.

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Tax History for 2749 E Anaheim St

Assessed Value (2020): $615,500
Year Land Value Improved Value Assessed Value
2020 $318,362 $297,138 $615,500

Home Value Compared to the Market

This property vs the competition

2749 E Anaheim St is listed 50.06% higher than the median list price for the city of Long Beach which has a median list price of $799,000. The median price per/sqft for Long Beach is $645 and this home is listed at $327.6 per/sqft which puts the price per square foot 49.21% lower than the median price per square foot for the city of Long Beach.

About 2749 E Anaheim St

Detailed summary of property

2749 E Anaheim St is a retail located in Long Beach, CA 90804 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 3,660 living square feet, and sits on an approximately 4,031 square foot lot. 2749 E Anaheim St was first listed on ArdentRealEstateGroup.com on July 27, 2023. The homeowner is currently asking $1,199,000. The median priced home in Long Beach is $799,000 with a median price per square foot of $645. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 50.06% higher than the median priced home. Local competing homes currently for sale include 921 Crocker St #18, 921 Crocker St #16 and 4141 S Nogales St #B104. While the average home in Long Beach, CA is selling in 53 days, 2749 E Anaheim St has a days on market of 283 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 2749 E Anaheim 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 2749 E Anaheim St

Public county record property details
Beds
--
Baths
--
Year built
1924
Sq. Ft.
3,660
Lot Size
4,038
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
23,24
APN
7260-026-024

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
$515,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
54
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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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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