Spacious Commercial Property in Long
For Sale
$2,800,000
3444 E Anaheim St, Long Beach, CA 90813
5,900 SF commercial property with versatile layout and ample parking.
Property Size5,900 SF
Price / SF$474.58
Days on Market207
Property Features for 3444 E Anaheim St
General Information
Standard status
Active
Size
5,900 SF
Listing Agency:
eXp Realty of California Inc
(949) 629-4400
Listed By:
Devin Doherty · License #01323878
(949) 629-4400
Source:
Exprealty
Added: Jan 28
Changed: Aug 23
Last Checked: Jul 31 at 11:50AM
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 eXp Realty of California Inc
Investment Insights
Based on property information with market context.
Located in the heart of Long Beach's Eastside, this 5,900 square foot commercial property features a versatile, open layout suitable for various business operations, including offices, meeting spaces, and storage. Large windows provide natural light, creating a bright and welcoming atmosphere. The building includes well-maintained landscaping, covered entryways, and ample parking for clients and staff. The property is located near major roads and California State University Long Beach, making it an ideal location for businesses seeking foot traffic. The location has a walk score of 95, indicating it is a walker's paradise, a bike score of 62, indicating it is bikeable, and a transit score of 50, indicating good transit.
Key Highlights
- Prime Location: In the heart of Long Beach's Eastside with easy access to major roads.
- High Walk Score: A 'Walker's Paradise' with a score of 95.
- Spacious Layout: 5,900 sq ft commercial property with a versatile, open layout suitable for various business operations.
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
$93,416
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
3.34%
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%
$1,868,320
$1.9M
Cap Rate 7%
$1,334,514
$1.3M
Cap Rate 9%
$1,037,956
$1.0M
Market Conditions
NOI Build-Up for 5,900 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
$160.7K $27.24/SF
− Vacancy
−$36.2K −$6.13/SF
EGI
$124.6K $21.11/SF
− OpEx
−$31.1K −$5.28/SF
NOI
$93.4K $15.83/SF
Area
ZIP 90813
Vacancy
22.50%
Lease Rate
$27.24 /SF/Yr
Expense Ratio
25.00%
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%
$1,868,320
Cap Rate 7%
$1,334,514
Cap Rate 9%
$1,037,956
Alternative Uses
Best Use
Office B
$1.33M
$1.17M – $1.56M
NOI $93,416 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.94M
$1.70M – $2.26M
NOI $135,610 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,585
Businesses Nearby
Explore this area
Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 5,900 SF commercial property with versatile layout and ample parking.
Where is this office building located?
The property is located at 3444 E Anaheim St Long Beach, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Prime Location: In the heart of Long Beach's Eastside with easy access to major roads.; High Walk Score: A 'Walker's Paradise' with a score of 95.; Spacious Layout: **5,900 sq ft commercial property with a versatile, open layout** suitable for various business operations.
