$2,200,000 - 208 Anaheim Street, Long Beach
- 0Beds
- Baths
- 0SQ. Feet
- 0.11Acres
MASSIVE UPSIDE with a proforma CAP of 7.44%. NOI is $223,200 and gross income is $372,000. Property has a new roof!! 15 studio rentals upstairs are vacant and need to stripped down to the studs. Five lower retail units are in average condition. Two are currently rented at $1,500/mo with month to month tenants that will vacate upon sale. All commercial units will be delivered vacant. Located a half mile East of the 710 freeway with great rental demand in the area. This would be a great Section 8 play or great for government sponsored tenants. Would also work for regular tenants as well (after reno). Great opportunity and this will NOT last
Sales Agent
Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent NowEssential Information
- MLS® #:DW23158483
- Price:$2,200,000
- Bathrooms:0.00
- Acres:0.11
- Year Built:1923
- Type:Commercial Sale
- Sub-Type:Mixed Use
- Status:Active
- Listing Agent:Mark Velasco
- Listing Office:West Shores Realty, Inc.
Community Information
- Address:208 Anaheim Street
- Area:699 - Not Defined
- City:Long Beach
- County:Los Angeles
- Zip Code:90813
Interior
- # of Stories:2
Exterior
- Lot Description:Street Level
Additional Information
- Date Listed:August 23rd, 2023
- Days on Market:248
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Back to Results- City:
- Long Beach
- Price Range:
- $549,000 - $5,500,000
- Current Listings:
- 43
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 4:50pm CDT. 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.