Renovated Mixed-Use Building in Zaferia

2626 E Anaheim, Long Beach, CA 90804

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For Sale

$1,575,000

Fully renovated 6-unit building with commercial and residential spaces.

Type:Investment

Listing Contact

Alec Kara

HighLights

High Current Cap Rate: Currently cash flowing at a 5.75% cap rate from day one.
Significant Price Reduction: Huge $250,000 price reduction.
ADU Potential: Preliminary plans to add 5 ADUs, potentially increasing the cap rate to 9.5%.
Fully Renovated: Complete restoration with updated systems including new plumbing, electrical, HVAC, water heaters, and windows.
Attractive Unit Mix: Consists of (4) One‑Bedroom/One‑Bathroom residential units and (2) established commercial tenants.
Prime Location: Located in the Zaferia Design District with high walk score and easy access to freeways, the beach, and local amenities.

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For Sale

$1,575,000

Fully renovated 6-unit building with commercial and residential spaces.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 4:05 pm

Property Features for 2626 E Anaheim

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1936

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Listing Contact

Alec Kara

Listing agent Alec Kara

Listing office Keller Willliams Pacific Estates

Listing date Apr 24, 2026

Source Elliman

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 Keller Willliams Pacific Estates

HighLights

High Current Cap Rate: Currently cash flowing at a 5.75% cap rate from day one.
Significant Price Reduction: Huge $250,000 price reduction.
ADU Potential: Preliminary plans to add 5 ADUs, potentially increasing the cap rate to 9.5%.
Fully Renovated: Complete restoration with updated systems including new plumbing, electrical, HVAC, water heaters, and windows.
Attractive Unit Mix: Consists of (4) One‑Bedroom/One‑Bathroom residential units and (2) established commercial tenants.
Prime Location: Located in the Zaferia Design District with high walk score and easy access to freeways, the beach, and local amenities.

Overview

This fully renovated 6-unit building features a mix of residential and commercial spaces in the Zaferia Design District. The property includes four one-bedroom, one-bathroom residential units, along with two established commercial tenants: a mini-market and a flower shop. The commercial tenants have been at this location for many years and have expressed interest in continued tenancy. Each unit is separately metered for gas and electrical utilities and has its own individual water heater. The property has a large lot with 7 parking spaces in the back, offering future development and ADU potential. The building has undergone a complete restoration, including new copper plumbing in units, new electrical sub-panels in units, new HVAC systems, new water heaters, and new windows in each unit. The residential units feature new wood flooring, updated lighting fixtures, brand-new kitchens and bathrooms with new cabinets, modern countertops, new vanities, modern fixtures, and sleek bathtubs. Located in the heart of the vibrant Zaferia Design District, the property offers access to local staples such as Joe Jost’s, the Traffic Circle, and Recreation Park, as well as restaurants, bars, boutiques, and galleries. It is also located minutes from the beach and central to the 405, 710, and 605 Freeways. The location has a walk score of 95, a bike score of 62, and a transit score of 50.

Location Intelligence

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Storefront properties

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Local Demand

City: Long Beach
County: Los Angeles
State: California
Longitude: -118.1605122
Latitude: 33.7823107

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For sale
Apartment buildings
CA
Long Beach
90804
2626 E Anaheim

What type of property is this?

Apartment building - Fully renovated 6-unit building with commercial and residential spaces.

Where is this apartment building located?

The property is located at 2626 E Anaheim 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: High Current Cap Rate: Currently cash flowing at a **5.75% cap rate** from day one.; Significant Price Reduction: Huge **$250,000 price reduction.**; ADU Potential: Preliminary plans to add 5 ADUs, potentially increasing the cap rate to 9.5%.