Industrial Warehouses Near 710
For Sale
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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 Market607
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
Listing Agency:
Commercial Brokers International, Inc
(310) 943-8533
Listed By:
George Pino
(310) 943-8536
Source:
Moodyscre
Added: Jan 21, 2025
Changed: Sep 4
Last Checked: Sep 19 at 12:38PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$112,023
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,054
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Market
Vacancy Rate% for Industrial in West region
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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
