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

2516 East Anaheim Street

^$ 2,000,000

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2516 East Anaheim Street

Long Beach, CA, 90804

^$ 2,000,000

Studio Baths0.0 Sq 6,816

Monthly Estimate*

^$ 12,477

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

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

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

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

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

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

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

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

Studio

Multi-Family Home for sale in Long Beach, CA

for $2,000,000. This 6,816 square foot home was built in 1923 on a lot size of 0.36.

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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.36

Year Built

1923

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

0025595091

Features

General

Living Area 6816.0

Heating Wall Furnace

Zoning LBCCP

Year Built 1923

Levels One

County Los Angeles

Net Operating Income 136040.0

New Construction No

Property Type C

HOA No

Contingency Active Under Contract

Status Active Under Contract

City Long Beach

Senior Community Y/N No

MLS Area 3 - Eastside Circle Area

Lot Size Units Square Feet

Lot Size Square Feet 15572.0

Standard Status Active Under Contract

Interior

Kitchen Appliances Disposal Refrigerator

Total Stories 0

Air Conditioning Y/N No

Heating Y/N Yes

Total Baths 0

Exterior

Parking Features Uncovered

Lot Size Area 15572.0

Foundation Details None

Pool Y/N? Yes

Building Area Total 6816.0

Lot Size Acres 0.36

Land Lease Type Fee

* Excluded Features

List By

Jonathan Weir

Listing Agent

Marcus & Millichap

Broker

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$12,477

Per Month

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

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Yearly Home Insurance

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/29/2025	$2,000,000	-11.11%	Price Down
9/20/2025	$2,250,000		Listed Price

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2516 East 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 0.36. 2516 East Anaheim Street is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 12/4/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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2516 East Anaheim Street

Multi-Family Home for sale in Long Beach, CA

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