Pending

2749 E Anaheim Street

Long Beach CA, 90804

$1,199,000


$327.60 per sqft

Pending

3,660 sqft

Commercial

Built in 1924

Listed by Joshua Wilson with Legacy One Real Estate 310-508-9049

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!

OC23138015

MLS ID

July 27, 2023

Listed

December 5, 2024

Updated

Map

2749 E Anaheim Street
Long Beach CA, 90804

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.09 Acres


Lot Features

0-1 Unit/Acre, Corner Lot, Corners Marked, Street Level, Walkstreet, Rolling Slope


Roof

Flat, Rolled/Hot Mop

Other Property Details

Area Name

3 - Eastside, Circle Area


Taxes

$8,194


Tax Frequency

Annually


Days on Market

449


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/6/2024

Pending

10/22/2024

Under contract

Listing Contact: 310-962-0609 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 12:02 PM UTC

 

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