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Belmont Heights 4124-4126 E Anaheim St 3,000 SF 100% Leased Retail Building Long Beach, CA 90804 $1,250,000 ($416.67/SF) 5.25% Cap Rate
Executive Summary
Retail Storefront/ Residential Duplex located in Long Beach. This single story retail storefront space is ~2,060 SF and is currently operating as a salon business. The two story duplex located in the back of the property is ~940 SF. The downstairs unit is 2bd/1ba and the upstairs unit is 1bd/2ba. This property is being sold as an owner/user or investment opportunity. APN: 7254-006-032 Zoning: LBCCN
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
B
Year Built
1947
Price
$1,250,000
Price Per SF
$416.67
Cap Rate
5.25%
NOI
$65,625
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.09 AC
Zoning
LBCCN - Long Beach Community Commercial Neighborhood
Parking
4 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
67’ on Anaheim St
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7254-006-032 | Improvements Assessment | $78,228 |
| Land Assessment | $127,722 | Total Assessment | $205,950 |
Property Taxes
Parcel Number
7254-006-032
Land Assessment
$127,722
Improvements Assessment
$78,228
Total Assessment
$205,950
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Belmont Heights | 4124-4126 E Anaheim St