Single-Story Storefront Retail
New
For Sale
Contact for pricing
3101 East Anaheim Street, Long Beach, CA 90804
Vacant single-story building with alley access, rear parking, and a need for rehabilitation and updates.
Property Size5,600 SF
Lot Size0.29 Acres
Price / SF$214.29
Days on Market7
Property Features for 3101 East Anaheim Street
General Information
Standard status
Active
Size
5,600 SF
Lot size
0.29 Acres
Property subtype
Retail
Zoning
LBIL
Property Condition
Severity
Repairs Needed
Evidence
needs rehab and updating
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Stories
1
Listing Agency:
Ingenious Asset Group, Inc.
Listed By:
Vineendra Jain · License #CA DRE# 01905917
(310) 433-6214
Source:
Crexi
Added: Sep 9
Changed: Sep 14
Last Checked: Sep 14 at 7:31AM
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 Ingenious Asset Group, Inc.
Investment Insights
Based on property information with market context.
This single-story storefront property includes an existing building of approximately 5,600 square feet on a lot of approximately 12,425 square feet. The building is vacant, was previously used for storage facilities, and requires rehabilitation and updating. The sale is offered in its current condition, with the buyer responsible for independent investigations and evaluation of required work.
The property fronts E Anaheim Street in Long Beach, where vehicle traffic provides exposure to passing motorists. Alley access serves the rear parking area. The site is zoned LBIL and offers connections to CA-1, I-405, I-710, and I-605, supporting travel throughout Long Beach, Los Angeles, and Orange County.
The property fronts E Anaheim Street in Long Beach, where vehicle traffic provides exposure to passing motorists. Alley access serves the rear parking area. The site is zoned LBIL and offers connections to CA-1, I-405, I-710, and I-605, supporting travel throughout Long Beach, Los Angeles, and Orange County.
Key Highlights
- Approximately 5,600 SF building on an approximately 12,425 SF lot
- LBIL‑zoned storefront property in Long Beach
- Single‑story building is currently vacant and requires rehabilitation and updating
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
$92,363
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
7.70%
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%
$1,847,260
$1.8M
Cap Rate 7%
$1,319,471
$1.3M
Cap Rate 9%
$1,026,256
$1.0M
Market Conditions
NOI Build-Up for 5,600 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
$141.1K $25.20/SF
− Vacancy
−$9.2K −$1.64/SF
EGI
$131.9K $23.56/SF
− OpEx
−$39.6K −$7.07/SF
NOI
$92.4K $16.49/SF
Area
Long Beach, CA
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
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%
$1,847,260
Cap Rate 7%
$1,319,471
Cap Rate 9%
$1,026,256
Alternative Uses
Best Use
Retail
$1.32M
$1.15M – $1.54M
NOI $92,363 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.00M
$2.62M – $3.50M
NOI $209,875 @ 7.0% cap · market cap 17.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,408
Businesses Nearby
142k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 38%
Apparel 8%
Home Improvements & Furnishings 5%
McDonald's
Dining
36,277 visits/mo
0.3 miles
Del Taco
Dining
11,447 visits/mo
0.5 miles
ARCO
Shops & Services
11,440 visits/mo
0.4 miles
7-Eleven
Shops & Services
10,814 visits/mo
0.5 miles
El Pollo Loco
Dining
10,726 visits/mo
0.3 miles
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant single-story building with alley access, rear parking, and a need for rehabilitation and updates.
Where is this storefront property located?
The property is located at 3101 East Anaheim Street Long Beach, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Approximately 5,600 SF building on an approximately 12,425 SF lot; LBIL‑zoned storefront property in Long Beach; Single‑story building is currently vacant and requires rehabilitation and updating
