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Listed by: Alec Kara DRE #02030808 | Keller Williams Pacific Estate (562) 513-7800
$1,600,000
4 Beds
-- Bath
--sqft
2626 E Anaheim, Long Beach, CA 90804
$1,600,000
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Mixed Use
Built in 1936
$-- HOA
5,852 sqft lot
--/sqft
Description
Huge 200k Price Reduction! Fully Renovated 6-unit building cash flowing at an amazing Current Cap Rate of 5.6% from day 1! Preliminary plans to add 5 ADUs to achieve an incredible 9.4% Cap Rate, 8 GRM, and only 195k/unit after taking into account all the construction costs (~546k assuming $200/SF). Attractive unit mix consisting of (4) well-designed One-Bedroom | One-Bathroom residential units plus (2) well-established commercial tenants (mini-market & flower-shop) both of which have been at this location for many years and have expressed interest for continued tenancy for years to come. The property is separately metered for gas and electrical utilities and each unit has...
Continue Reading- Houzeo last checked: 1 Hour ago
- Listing updated: December 5, 2025 at 8:17 pm
- Source: California Regional MLS-CA | MLS#: PW25271411
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1936
HOA Fees
-
Finished Area
- sqft
Lot Size
5,852 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25271411
MLS Status
Active
Days on Market
14
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