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$1,900,000

  • Sold
  • Closed
  • Multi-Family
  • 21 Total Beds
  • Updated 1 day ago
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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.

Full Property Details for 2516 E Anaheim St

General

  • Sold For: $1,900,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25595091
  • Added to Site: 121 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 13

Bedrooms

  • Total Bedrooms: 21

Additional Information

  • Other Features: None

Parking

  • Garage Description: Uncovered

Location

  • Area: Eastside, Circle Area
  • County: Los Angeles
  • Driving Directions: Anaheim St & Stanley Ave

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall

Structural Information

  • # Buildings: 7
  • Stories/Levels: 0
  • Square Feet: 6,816
  • Sq. Ft. Source: Estimated
  • Year Built: 1923
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 11
  • Unit Type: 2106, 2107, 2108

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.3575
  • Lot Size: 15572
  • Lot Size Source: Vendor Enhanced
  • Zoning: LBCCP

Financial Considerations

  • Price Per Sq. Ft.: $293.43
  • Assessment Year: 1923

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 7260-029-024

Listed and Sold by Marcus & Millichap, Jonathan Weir

Listing agent

— 2516 E Anaheim St —

  • Jonathan Weir

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2516 E Anaheim St

School District:Long Beach Unified School District
NameGradesDistance
Willard Elementary School, Long Beach, CA
1055 Freeman Avenue, Long Beach, CA 90804
K-50.4 mi
Jefferson Leadership Academies School
750 Euclid Avenue, Long Beach, CA 90804
6-80.9 mi
Wilson High School
4400 East 10th Street, Long Beach, CA 90804
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2516 E Anaheim St

Date
Details
Price
Change
Source
1/14/2026
Sold
$1,900,000
-5%
MLS
10/28/2025
Price Reduced
$2,000,000
-11.11%
MLS
9/17/2025
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Marcus & Millichap, Jonathan Weir

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2516 E Anaheim St, Long Beach, CA 90804 (MLS# 25595091) is a Multi-Family property that was sold at $1,900,000 on January 14, 2026. Want to learn more about 2516 E Anaheim St? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.