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2516 E Anaheim St

long beach, CA 90804

$2,000,000

  • 21 BR
    APPROX. 6,816 SF

INTERESTED? LET'S CONNECT

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.

Details

6,816 Sq Ft

0.3575 Private Acres Lot Size

Investment

Built in 1923

MLS/Listing ID 25595091

11 Units

Amenities & Features

Parking - Uncovered

CLAW

estimate my mortgage

TOTAL MONTHLY COST

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HOME PRICE
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Interested in 2516 E Anaheim St?