4-Unit Storefront
3121 E Anaheim Street, Long Beach, CA 90804
For Sale
$1,600,000
Vacant retail suites include rear parking and a connection to several regional freeways.
Property Size8,443 SF
Lot Size0.26 Acres
Price / SF$189.51
Days on Market11
Property Features for 3121 E Anaheim Street
General Information
Standard status
Size
Lot size
Zoning
Site & Location
Neighborhood
Highway Access
Building Details
Tenancy
Listing Agency:
Ingenious Asset Group, Inc.
(310) 331-8552
Listed By:
Vineendra Jain · License #01413466
(310) 207-2288
Source:
Realtyrightchoice
Added: Oct 28
Changed: Nov 7
Last Checked: Nov 7 at 1:01PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The storefront property contains approximately 8,443 square feet on an approximately 11,484-square-foot lot. It is configured as four vacant units, with parking at the rear and 16-foot ceiling heights. The property is zoned LBIL and is offered in its current condition, without warranties from the seller.
Situated on Anaheim Street in Long Beach, the property has access to CA-1, I-405, I-710 and I-605, with connections across Long Beach, Los Angeles and Orange County.
Situated on Anaheim Street in Long Beach, the property has access to CA-1, I-405, I-710 and I-605, with connections across Long Beach, Los Angeles and Orange County.
Key Highlights
- Approximately 8,443 SF building on an approximately 11,484 lot SF parcel
- Four vacant units
- Rear parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$139,254
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,785,080
$2.8M
Cap Rate 7%
$1,989,343
$2.0M
Cap Rate 9%
$1,547,267
$1.5M
Market Conditions
NOI Build-Up for 8,443 SF
Gross rent
$212.8K $25.20/SF
− Vacancy
−$13.8K −$1.64/SF
EGI
$198.9K $23.56/SF
− OpEx
−$59.7K −$7.07/SF
NOI
$139.3K $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 Rate 5%
$2,785,080
Cap Rate 7%
$1,989,343
Cap Rate 9%
$1,547,267
Alternative Uses
Best Use
Retail
$1.99M
$1.74M – $2.32M
NOI $139,254 @ 7.0% cap · market cap 8.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.52M
$3.96M – $5.27M
NOI $316,424 @ 7.0% cap · market cap 19.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,344
Businesses Nearby
148k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 22%
Apparel 11%
Home Improvements & Furnishings 5%
McDonald's
Dining
36,277 visits/mo
0.1 miles
Jack in the Box
Dining
16,018 visits/mo
0.5 miles
Del Taco
Dining
11,447 visits/mo
0.4 miles
ARCO
Shops & Services
11,440 visits/mo
0.3 miles
El Pollo Loco
Dining
10,726 visits/mo
0.1 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
$673,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Storefront properties in Long Beach, CA
Properties on Market for Storefront properties in Long Beach
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Daisy Flowers — 626 Cherry Ave, Long Beach, CA 90802
- PINKquet Co. — 3906 E 7th St, Long Beach, CA 90804
- Aroma Flowers — 2338 E Anaheim St #100, Long Beach, CA 90804
- Florals by Michelle Tumeo
- Deja Vu Flower & Botanica Shop — 2628 E Anaheim St, Long Beach, CA 90804
Frequently Asked Questions
What type of property is this?
Storefront property - Vacant retail suites include rear parking and a connection to several regional freeways.
Where is this storefront property located?
The property is located at 3121 E Anaheim Street Long Beach, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Approximately 8,443 SF building on an approximately 11,484 lot SF parcel; Four vacant units; Rear parking
