Belmont Heights 4124-4126 E Anaheim St 3,000 SF 100% Leased Retail Building Long Beach, CA 90804 £1,054,007 (£351.34/SF) 6% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Major Street Frontage
EXECUTIVE SUMMARY
4124-4126 E Anaheim St is a Retail Storefront/ Residential Duplex located in Long Beach. This single story retail
storefront space is 2,060 SF and is currently operating as a salon business. The two story duplex located in the
back of the property is 940 SF. The downstairs unit is 2bd/1ba and the upstairs unit is 1bd/2ba. This property is
being sold as an owner/user opportunity or investment. The proforma cap rate of 8%, combining the salon space and duplex,
make this an excellent future value-add investment opportunity. APN: 7254-006-032 Zoning: LBCCN
storefront space is 2,060 SF and is currently operating as a salon business. The two story duplex located in the
back of the property is 940 SF. The downstairs unit is 2bd/1ba and the upstairs unit is 1bd/2ba. This property is
being sold as an owner/user opportunity or investment. The proforma cap rate of 8%, combining the salon space and duplex,
make this an excellent future value-add investment opportunity. APN: 7254-006-032 Zoning: LBCCN
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
B
Year Built
1947
Price
£1,054,007
Price Per SF
£351.34
Net Initial Yield
6%
NOI
£63,240
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.77
Lot Size
0.09 AC
Zoning
LBCCN
Frontage
67 ft on Anaheim St
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7254-006-032 | Improvements Assessment | £57,782 |
| Land Assessment | £94,339 | Total Assessment | £152,121 |
