208 West Anaheim Street
$2,200,000
—
9,200
9,200
$239
Description
MASSIVE UPSIDE with a proforma CAP of 7.44%. NOI is $223,200 and gross income is $372,000. Property has a new roof! 15 studio rentals upstairs are vacant and need to stripped down to the studs. Five lower retail units are in average condition. Two are currently rented at $1,500/mo with month to month tenants that will vacate upon sale. All commercial units will be delivered vacant. Located a half mile East of the 710 freeway with great rental demand in the area. This would be a great Section 8 play...MASSIVE UPSIDE with a proforma CAP of 7.44%. NOI is $223,200 and gross income is $372,000. Property has a new roof! 15 studio rentals upstairs are vacant and need to stripped down to the studs. Five lower retail units are in average condition. Two are currently rented at $1,500/mo with month to month tenants that will vacate upon sale. All commercial units will be delivered vacant. Located a half mile East of the 710 freeway with great rental demand in the area. This would be a great Section 8 play or great for government sponsored tenants. Would also work for regular tenants as well (after reno). Great opportunity and this will NOT last
- Listed by Mark Velasco • DRE #01789768 • Brokerage DRE #01948605 • West Shores Realty, Inc. • 626-392-9499
Property Details for 208 West Anaheim Street
Total Units
20.0
Lot Size SourceAssessor
Building Area Total9200
Building Area UnitsSquare Feet
Stories Total2
Entry Level1
Parcel Number7272001002
AreaNot Defined (699)
LISTING UPDATED: 05/02/2024 12:16 PM
Property Details for 208 West Anaheim Street
Status | Active |
---|---|
MLS # | DW23158483 |
Days on Market | 451 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1923 |
Lot Size | 0.11 AC / 5,003 SF |
County | Los Angeles County |
Building Information for 208 West Anaheim Street
Stories2Residences-Year Built1923Lot Size0.11 AC / 5,003 SF
Property Information for 208 West Anaheim Street
Property History for 208 West Anaheim Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 208 West Anaheim Street
Taxable ValueLand$168,165Additions$334,530Total$502,695
Tax Record2024$9,691 ($808 / month)
Home Facts
Total Finished SqFt9,200 SqFtAbove Grade Finished SqFt9,200 SqFtStories1Lot Size5,003 SqFtStyleOffice BuildingYear Built1923ZoningLBCHWCountyLOS ANGELESAPN7272-001-002
Schools near 208 West Anaheim Street
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
International Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
Cabrillo High School Public9 to 12 | ||
Educational Partnership High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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