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(323) 864-4211
Linda Roth Burrell
2516 E Anaheim St, Long Beach, CA 90804
- $1,900,000
- 21
- BD
- 13
- BA
- 6,816
- SqFt
- Sold Price
- $1,900,000
- List Price
- $2,000,000
- Closing Date
- Jan 14, 2026
- MLS#
- 25595091
- Year Built
- 1923
- Bedrooms
- 21
- Bathrooms
- 13
- Living Sq. Ft
- 6,816
- Lot Size
- 15,572
- Days on Market
- 114
- Property Type
- Multifamily
Property Description
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.
Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Uncovered
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Courtesy of Marcus & Millichap, Jonathan Weir - CA DRE#02038545 Selling Office: .
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