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    The Largest CRE Database in the US with Over 1 Million Listings

    2626 E Anaheim St Long Beach, CA 90804

    Sponsored
    For Sale
    $1,575,000

    Commercial/Residential - Long Beach, CA

    Property size:
    3,644 SF
    Lot size:
    5,852.00 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 5 at 6:06 am

    Property Features for 2626 E Anaheim St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    7260028004
    Exterior features
    Community Features Included: Biking, Dog Park, Park, Sidewalks, Street Lights, Park Nearby
    Size
    3,644 SF
    Lot size
    5,852.00 Acres

    Building Details

    Year built
    1936
    Floors in Building
    2
    Number of units
    6
    Architectural style
    Other

    We can help!

    Listing Contact
    Alec Kara

    Keller Willliams Pacific Estates (562) 513-7856

    Listing agent Alec Kara (562) 513-7800

    Listing date Feb 4, 2026

    MLS# PW26026042 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Mixed-Use Building in Long Beach

    This fully renovated 6-unit building in Long Beach features a mix of commercial and residential spaces. The property includes four one-bedroom, one-bathroom residential units and two established commercial spaces currently occupied by a mini-market and a flower shop. The commercial tenants have expressed interest in continued tenancy. Preliminary plans are in place to add five Accessory Dwelling Units (ADUs). Each unit is separately metered for gas and electrical utilities and has its own individual water heater. The property sits on a large lot with seven parking spaces in the back, offering future development and ADU potential. The building has undergone a complete restoration, including new copper plumbing, new electrical sub-panels, new HVAC systems, and new water heaters. The units feature new wood flooring, updated lighting fixtures, brand-new kitchens with new cabinets and modern countertops, and updated bathrooms with new vanities, modern fixtures, and sleek bathtubs. Located in the Zaferia Design District, the property provides access to local amenities such as Joe Jost’s, the Traffic Circle, and Recreation Park, as well as restaurants, bars, boutiques, and galleries. It is also located near the beach and offers access to the 405, 710, and 605 Freeways.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1605122
    Latitude
    33.7823107

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    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated 6-unit building with commercial and residential spaces.
    Where is this mixed-use property located?
    The property is located at 2626 E Anaheim St Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: - Significant Price Reduction: $250,000 price reduction.; - High Current Cap Rate: Currently cash flowing at a 5.75% cap rate.; - ADU Potential: Preliminary plans to add 5 ADUs, potentially increasing the cap rate to 9.5%.
    (562) 513-7800
    Request Owner's contact information
    2626 E Anaheim St Long Beach, CA 90804
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    Long Beach, CA 90804
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2626 E Anaheim St Long Beach, CA 90804
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    We can help!
    Listing Contact
    Alec Kara
    (562) 513-7800
    Learn more
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