3444 E Anaheim St - Office FOR SALE


Long Beach, CA 90804- Eastside Long Beach
$2,900,000 USD
949-629-4400
3444 E Anaheim St, Long Beach, CA for Sale
$2,900,000 USD
Office - FOR SALE
1/33
null | 6.8% Cap Rate

NEW


3444 E Anaheim St
Long Beach, CA 90804
Eastside Long Beach


OVERVIEW

Discover a rare income opportunity in Long Beach! This multi-tenant office asset offers 6,835 sq ft on a 0.26-acre lot with modern improvements and ample parking. Strategically located along a high-visibility commercial corridor, the property boasts entrenched national-credit tower tenants like T-Mobile and AT&T, ensuring a stable income stream. With a current 20% occupancy, there's immediate upside potential through a proactive leasing strategy to reach the projected NOI of $212,605 at 95% occupancy. The property features a high-quality physical asset in a prime location, offering diversified income from tower leases alongside traditional office tenants. Benefit from attractive pro forma financials with a 6.8% stabilized cap rate. Don't miss the chance to invest in this value-driven property with both immediate operational upside and long-term durability.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$453 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,423 SF

ZONING

LBCCA

APN/PARCEL ID

7259-013-023

ASK ABOUT THIS PROPERTY

Devin DohertyDoherty Real Estate Group - eXp Realty of CaliforniaMore Info
949-629-4400

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Devin DohertyDoherty Real Estate Group - eXp Realty of CaliforniaMore Info
949-629-4400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.