Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2440 Anaheim St Long Beach, CA 90804
    Property profile & analytics

    2440 Anaheim St, Long Beach, CA 90804

    View on Map
    • Retail properties & Spaces
    • 1,097 SF
    • 0.34 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • 76 / Gas Station
    • Rocket / Gas Station

    Property Details for 2440 Anaheim St

    Year built
    1956
    Lot size
    0.34 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Grocery and convenience stores

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.163
    Latitude
    33.7824

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      3400 Anaheim St

      SERVICE STATION (FULL SERVICE)
      3400 Anaheim St, Long Beach, CA 90804-4079
      View Details
    • Value Estimation
      $3,315,000
      3,290 SF

      1001 Redondo Ave

      SERVICE STATION WITH FOOD MART
      1001 Redondo Ave, Long Beach, CA 90804-3928
      View Details
    • Value Estimation by Request
      3,042 SF

      700 Redondo Ave

      GAS STATION
      700 Redondo Ave, Long Beach, CA 90804-5139
      View Details
    • Value Estimation by Request
      1,540 SF

      701 Redondo Ave

      SERVICE STATION (FULL SERVICE)
      701 Redondo Ave, Long Beach, CA 90804-5140
      View Details
    • Value Estimation
      $765,000
      300 SF

      2737 7th St

      SERVICE STATION (FULL SERVICE)
      2737 7th St, Long Beach, CA 90804
      View Details
    • Value Estimation by Request
      2,550 SF

      3201 7th St

      SERVICE STATION (FULL SERVICE)
      3201 7th St, Long Beach, CA 90804-5002
      View Details

    Similar Nearby for Sale

    • $1,330,000

      Automotive Repair Shop For Sale

      1,924 SF automotive repair shop with owner-user opportunity.
      2337 E 7Th St, Long Beach, CA 90804
      View Details
    • $1,575,000
      Pending

      Renovated Mixed-Use Building For Sale

      Fully renovated 6-unit building with commercial and residential spaces.
      2626 E Anaheim St, Long Beach, CA 90804
      View Details
    • Contact for pricing
      4,226 SF

      Retail and Dental Office Space

      Retail and dental office spaces for sale with street frontage.
      3939-3943 E Anaheim St, Long Beach, CA 90804
      View Details
    • $1,150,000

      Storefront in Zaferia Neighborhood

      Storefront property in a busy Long Beach neighborhood.
      2824 E Anaheim St, Long Beach, CA 90804
      View Details
    • $1,575,000

      Renovated Mixed-Use Building in Zaferia

      Fully renovated 6-unit building with commercial and residential spaces.
      2626 E Anaheim St, Long Beach, CA 90804
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,424 SF

      Creative Office/Retail/R&D Building

      Unique refurbished building with warehouse space and flexible zoning.
      1365 Obispo Ave, Long Beach, CA 90804
      View Details
    • $2 SF/Yr

      Retail Center with Strong Tenancy

      Retail center with existing tenancy available for lease.
      5201 E Pacific Coast Hwy, Long Beach, CA 90804
      View Details
    • Contact for pricing

      Retail Space in Long Beach

      Retail space with high visibility in busy Long Beach center.
      5591-5597 E 7Th St, Long Beach, CA 90804
      View Details
    • $13,728 /Mo
      Pending

      Long Beach Office Building

      Turn-key office space in Long Beach's Architectural & Design District.
      1342 Coronado Ave, Long Beach, CA 90804
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2440 Anaheim St
    Long Beach, CA 90804
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2440 Anaheim St, Long Beach, CA, 90804
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!