1601 Anaheim StLong Beach, CA 90813

Property Details for 1601 Anaheim St

Year built

1921

Construction

WOOD

Lot size

0.40 AC

Property size (Sq ft)

5,964 SF

Zone code

LBCCP

Property type

Retail space

APN

7261-027-009

APU

7261027009

Description

This exceptional Long Beach industrial property presents a compelling investment opportunity. Located at 1601 W Anaheim St, Long Beach, CA 90813, this property boasts a prime location along a major thoroughfare near the I-710 freeway, offering convenient access to transportation networks. The property comprises two single-story buildings totaling 7,640 square feet, situated on a 10,237 square foot lot. Built in 1930, the buildings are classified as Class B and feature a desirable 18-foot ceiling height, providing ample vertical space for various industrial uses. The property is zoned IG, allowing for a range of flexible industrial applications. Its proximity to the Port of Long Beach, one of the nation's busiest ports, further enhances its strategic value and potential for significant returns. The asking price is $2,250,000. The Assessor's Parcel Number (APN) is 7432-010-050. This property is ideal for businesses seeking a well-located, versatile industrial space in a thriving Southern California market. The property's size and location make it suitable for a variety of industrial uses, offering significant potential for growth and profitability.

• CAP approach

  CAP return

  Valuation

  6%

  $2,080,682

  6.5%

  $1,920,630

  7%

  $1,783,442

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,794,040

  Geo Method

  $4,794,040

• Alternative Use

  Use

  Valuation

  Residential

  $1,620,123

  Hospitality

  $1,484,024

  Educational

  $1,234,691

  Medical

  $1,277,154

  Retail

  $1,920,630

Location Insight

City

Long Beach

County

Los Angeles

State

California

Latitude

33.7829

Longitude

-118.172

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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