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Vacant Retail Bldg in Anaheim 3101 E Anaheim St 5,846 SF Retail Building Long Beach, CA 90804 $1,200,000 ($205.27/SF) 4.36% Cap Rate



Investment Highlights
- FOR SALE AFTER 36 YEARS!
- Rear Parking & Alley Access
- High-Visibility Retail Location
- Vacant Value-Add Opportunity
Executive Summary
FOR SALE after 36 Years! Single-story, high visibility retail asset in Long Beach. Existing building (APN: 7259-023-030) is approx. 5,600 SF on a large lot approx. 12,425 SF, zoned LBIL. High-Visibility Location with Strong Vehicle Traffic along E Anaheim St, offering excellent exposure to passing motorists and convenient access to major Long Beach transportation routes. Convenient alley access to rear parking. The property is vacant and previously use as storage facilities. The property needs rehab and updating. Property located at 3121 E Anaheim St is also available for sale by the same owner at $1.6 million. The property is listed separately, and purchasing both properties is not required; however, acquiring both presents an excellent opportunity for seasoned investors seeking to expand their Long Beach retail portfolio. Excellent freeway access with convenient connections to CA-1, I-405, I-710, and I-605, providing easy access throughout Long Beach, Los Angeles, and Orange County. Sold AS IS and WHERE IS with all faults, and without warranty, express or implied. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
5,846 SF
Building Class
C
Year Built
1955
Price
$1,200,000
Price Per SF
$205.27
Cap Rate
4.36%
NOI
$52,320
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.28 AC
Zoning
LBIL
Parking
3 Spaces (0.51 Spaces per 1,000 SF Leased)
Frontage
86’ on Anaheim St
Amenities
- Storage Space
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7259-023-030 | Improvements Assessment | $248,284 |
| Land Assessment | $568,452 | Total Assessment | $816,736 |
Property Taxes
Parcel Number
7259-023-030
Land Assessment
$568,452
Improvements Assessment
$248,284
Total Assessment
$816,736
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Vacant Retail Bldg in Anaheim | 3101 E Anaheim St
