2626 E Anaheim Street, Long Beach, CA 90804

Local realty services provided by:ERA North Orange County Real Estate
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2626 E Anaheim Street,Long Beach, CA 90804
$1,795,000
  • - Beds
  • - Baths
  • 3,644 sq. ft.
  • Multi-family
  • Active
Listed by:alec kara
Office:keller williams pacific estate
MLS#:PW25165266
Source:CRMLS

Price summary

  • Price:$1,795,000
  • Price per sq. ft.:$492.59

About this home

Fully Renovated 6-unit building cash flowing at an amazing Current Cap Rate of 5% from day 1! Preliminary plans to add 5 ADUs to achieve an incredible 11% Cap Rate, 5.3 GRM, and only 177k/unit after taking into account all the construction costs (~545k assuming $225/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 its own individual water heater to further reduce operating costs. Large lot with 7 parking spaces in the back with future development & ADU potential. The property has seen a complete restoration, down to every inch. Overall systems were updated with new copper plumbing in units, new electrical sub-panels in units, new HVAC systems, new water

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Home facts

  • Year built:1936
  • Listing Id #:PW25165266
  • Added:26 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Living area:3,644 sq. ft.

Structure and exterior

  • Year built:1936
  • Building area:3,644 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,795,000
  • Price per sq. ft.:$492.59
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . 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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