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