2516 E Anaheim Street Long Beach, CA ^$ 2,000,000

2516 E Anaheim Street

^$ 2,000,000

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2516 E Anaheim Street

Long Beach, CA, 90804

^$ 2,000,000

Bedrooms21 Baths4.0 Sq 6,816

Monthly Estimate*

^$ 12,477

Listed by Marcus & Millichap

2516 E Anaheim Street, Long Beach, CA 90804 - Image 1

2516 E Anaheim Street, Long Beach, CA 90804 - Image 2

2516 E Anaheim Street, Long Beach, CA 90804 - Image 3

2516 E Anaheim Street, Long Beach, CA 90804 - Image 4

2516 E Anaheim Street, Long Beach, CA 90804 - Image 5

2516 E Anaheim Street, Long Beach, CA 90804 - Image 6

2516 E Anaheim Street, Long Beach, CA 90804 - Image 7

2516 E Anaheim Street, Long Beach, CA 90804 - Image 8

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Multi-Family Home for sale in Long Beach, CA

for $2,000,000 with 21 bedrooms and 4 full baths. This 6,816 square foot home was built in 1923 on a lot size of 0.3575.

We are pleased to present our newest listing at 2516 E Anaheim St, an 11-unit garden-style apartment community located in the heart of Long Beach's rapidly evolving Zaferia District. Offered at $181,000 per unit ($293 per square foot), this investment provides a compelling 6.8% CAP rate, 9.43 GRM, and an over 8% cash-on-cash return. The property features a desirable unit mix, with the majority consisting of spacious two-bedroom floorplans, and presents investors with an estimated 39% future rental upside. Recent upgrades, including new electrical panels, provide a solid foundation for future value-add improvements. Positioned along a high-traffic corridor near local shops, restaurants, and transit options, 2516 E Anaheim St offers strong in-place income with significant long-term growth potentiala rare opportunity to acquire a well-located asset in a supply-constrained coastal market.

Multi-Family Contingent

Price

^$ 2,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3575

Year Built

1923

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

25595091

Days on Market

Features

General

Living Area 6816

Heating Wall Furnace

Cooling None

Appliances Disposal Refrigerator

Zoning LBCCP

Year Built 1923

Stories Count 1

Levels One

Gross Income 212143

County Los Angeles

Net Operating Income 136040

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active Under Contract

Directions Anaheim St & Stanley Ave

City Long Beach

Senior Community Y/N false

Number Of Units Total 11

MLS Area 3 - Eastside Circle Area

Lot Size Units Square Feet

Lot Size Square Feet 15572

Standard Status Active Under Contract

Interior

Total Stories 0

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 21

Total Baths 13

Exterior

Parking Features Uncovered

Total Parking 0

Lot Size Area 15572

Number of Buildings 7

Building Area Total 6816

Lot Size Acres 0.3575

* Excluded Features

List By

Marcus & Millichap

Broker

jweir@marcusmillichap.com

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$12,477

Per Month

Monthly Principal & Interest: $12,477
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,862,363

Percent of Sale Price 7%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$2,000,000		Listed Price

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2516 E Anaheim Street, Long Beach, CA, 90804 is a Multi-Family Home for sale at $2,000,000 with 6,816 sqft and a lot size of 0.3575. 2516 E Anaheim Street has 21 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 90804 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2516 E Anaheim Street

Multi-Family Home for sale in Long Beach, CA

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