Industrial Warehouses Near 710
For Sale
Contact for pricing
1601-1609 W Anaheim St, Long Beach, CA
Two warehouses with excellent visibility and access near 710.
Property Size7,640 SF
Lot Size0.24 Acres
Price / SF$202.88
Days on Market654
Property Features for 1601-1609 W Anaheim St
General Information
Standard status
Active
Size
7,640 SF
Lot size
0.24 Acres
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Central
Listing Agency:
Commercial Brokers International, Inc
(310) 943-8533
Listed By:
George Pino
(310) 943-8536
Source:
Moodyscre
Added: Jan 21, 2025
Changed: Oct 25
Last Checked: Nov 4 at 1:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Brokers International, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property features two warehouses, one with 5,080 square feet at 1601 W Anaheim St and another with 2,560 square feet at 1609 W Anaheim St, totaling 7,640 square feet. The warehouses have an 18-foot height clearance and 800-Amp, 3-phase power. The property is suitable for various industrial uses and offers excellent visibility and access along active corridors. It is located along a major corridor near the 710 Freeway and is situated close to the Port of Long Beach and the Port of Los Angeles.
Key Highlights
- Excellent visibility and access along active corridors
- Situated close to Port of LB and Port of LA
- Along a major corridor near the 710 Freeway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,023
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,240,460
$2.2M
Cap Rate 7%
$1,600,329
$1.6M
Cap Rate 9%
$1,244,700
$1.2M
Market Conditions
NOI Build-Up for 7,640 SF
Gross rent
$138.4K $18.12/SF
− Vacancy
−$6.6K −$0.87/SF
EGI
$131.8K $17.25/SF
− OpEx
−$19.8K −$2.59/SF
NOI
$112.0K $14.66/SF
Area
Long Beach, CA
Vacancy
4.80%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,240,460
Cap Rate 7%
$1,600,329
Cap Rate 9%
$1,244,700
Alternative Uses
Best Use
Warehouse
$1.60M
$1.40M – $1.87M
NOI $112,023 @ 7.0% cap · market cap 7.23%
Second Best
Industrial
$1.32M
$1.15M – $1.54M
NOI $92,254 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$4.09M
$3.58M – $4.77M
NOI $286,330 @ 7.0% cap · market cap 18.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Two warehouses with excellent visibility and access near 710.
Where is this industrial property located?
The property is located at 1601-1609 W Anaheim St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Excellent visibility and access along active corridors; Situated close to Port of LB and Port of LA; Along a major corridor near the 710 Freeway
