Long Beach, CA 90804 2749 E Anaheim Street
$1,199,000
21 more
Presented By: Joshua Wilson with Legacy One Real Estate; 310-508-9049
Home Details
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!
Presented By: Joshua Wilson with Legacy One Real Estate; 310-508-9049
Interior Features for 2749 E Anaheim Street
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories1
Other Rooms
Entry Level1
General for 2749 E Anaheim Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeChurch, Clothing, Retail
Cap Rate5.4
Carport Y/NNo
CityLong Beach
Construction MaterialsBrick, Drywall, Concrete, Stucco
CountyLos Angeles
Current FinancingConventional
Days on Market274
DirectionsLocated on the corner of Anaheim Blvd and Temple Ave.
ElectricItem220Volts
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense2754.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet4031.0
MLS Area3 - Eastside, Circle Area
MobileHomeRemainsYNNo
Net Operating Income53600.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense13219.0
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat, RolledHotMop
Security FeaturesFireSprinklerSystem
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameAnaheim
Tax Annual Amount8194.0
TopographyRolling
Total Units3
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Waterfront Y/NNo
Year Built1924
Year Built SourcePublicRecords
Exterior for 2749 E Anaheim Street
Building Area Total3660.0
Crops Included Y/NNo
FencingChainLink
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, CornerLot, CornersMarked, StreetLevel, Walkstreet, RollingSlope
Lot Size Acres0.0925
Lot Size Area4031.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480