2516 E Anaheim Street, Long Beach, CA 90804

Local realty services provided by:ERA North Orange County Real Estate
2516 E Anaheim Street,Long Beach, CA 90804
$2,000,000
  • 21 Beds
  • 13 Baths
  • 6,816 sq. ft.
  • Multi-family
  • Active
Office: marcus & millichap
MLS#:25595091
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$293.43

About this home

We are pleased to present our newest listing at 2516 E Anaheim St, an 11-unit garden-style apartment community located in the heart of Long Beach's rapidly evolving Zaferia District. Offered at $181,000 per unit ($293 per square foot), this investment provides a compelling 6.8% CAP rate, 9.43 GRM, and an over 8% cash-on-cash return. The property features a desirable unit mix, with the majority consisting of spacious two-bedroom floorplans, and presents investors with an estimated 39% future rental upside. Recent upgrades, including new electrical panels, provide a solid foundation for future value-add improvements. Positioned along a high-traffic corridor near local shops, restaurants, and transit options, 2516 E Anaheim St offers strong in-place income with significant long-term growth potentiala rare opportunity to acquire a well-located asset in a supply-constrained coastal market.

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Home facts

  • Year built:1923
  • Listing ID #:25595091
  • Added:110 day(s) ago
  • Updated:December 19, 2025 at 02:27 PM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:13
  • Living area:6,816 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1923
  • Building area:6,816 sq. ft.
  • Lot area:0.36 Acres

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$293.43
Based on information from California Regional Multiple Listing Service, Inc. as of January 8, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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