NOT LISTED FOR SALE
21 Beds
13 Baths
6,816 Sq Ft
0.36 Acre Lot

Sale Details

Date Sold: January 14, 2026

Last sale price $1,900,000 $279 Per Sq Ft

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

Lot Details

  • 0.36

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

  • 15,572 Sq Ft 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

0.36 Acres

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25595091

The MLS
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