$1,900,000
SOLD JAN 14, 2026

2516 E Anaheim St Long Beach, CA 90804

Rose Park Neighborhood
21 Beds
13 Baths
6,816 Sq Ft
0.36 Acres

Recently Sold

$279 Per Sq Ft

16% Below List Price

76 Days on Market

Highlights

  • 0.36 Acre Lot
  • Woodrow Wilson High School Rated A
  • 1-Story Property

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 09/17/2025

Last Buyer's Agent

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 09/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Parking

  • Uncovered Parking

Interior Spaces

  • 6,816 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 13 Bathrooms

Additional Features

  • 0.36 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Buildings
  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 7260-029-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 6816
  • Lot Acreage: 0.3575
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 21
  • Total Bathrooms: 13.00
  • Equipment: Range/Oven, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 293.43

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 47.00
  • Assessed Improvement Value: 1175000
  • Assessed Land Percent: 53
  • Assessed Land Value: 1325000
  • Total Assessed Value: 2500000
  • Assessor Parcel Number: 7260-029-024
  • Lot Size Area: 15572

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.43
  • Number Of Units: 11
  • Type Of Units: 11

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2026 01/14/26 Sold $1,900,000 -5.0% $279 / Sq Ft
12/02/2025 12/02/25 Pending -- -- --
10/28/2025 10/28/25 Price Changed $2,000,000 -11.1% $293 / Sq Ft
09/17/2025 09/17/25 For Sale $2,250,000 -- $330 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jonathan Weir

    Seller's Agent in 2026

    Jonathan Weir

    Marcus & Millichap

    (310) 909-5500

    1 in this area

    73 Total Sales

    Jonathan Weir
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Map

Source: The MLS

MLS Number: 25595091

The MLS
California Los Angeles County Long Beach 90804 Rose Park

2516 E Anaheim St, Long Beach, CA

Sold

MultiFamily

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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