5401 East Anaheim Road

Long Beach, CA 90815

$9,850,000
Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

5401 e. Anaheim Road is a truly rare investment opportunity located in Park Estates, a quiet, upscale residential area, and one of Long Beach's most prestigious neighborhoods. Primarily comprised of custom-built single family homes on tree-lined streets, the median home price in this suburban enclave is over $1.2 million. This asset is one of the largest apartment buildings in Park Estates. While almost all of the two-bedroom units (21 of 22) have been completely remodeled, offering bright, open,...

Property Details for 5401 East Anaheim Road

Parking Spaces Total
44
Private Pool
No

Location

Listing Courtesy of Keller Williams Pacific Estate, Robert Stepp, DRE #01456379; Keller Williams Pacific Estate, Todd Hawke, DRE #01376219

Building Information for 5401 East Anaheim Road

Stories2Residences-Year Built1987Building Size-Lot Size0.38 AC / 16,708 SF

Payment Calculator

$35,429 per month

30 year fixed, 3.51% Interest

Principal and Interest

$35,429

Property Taxes

HOA Dues

$0

Property Information for 5401 East Anaheim Road

Property Features
    Interior Features
  • Common Walls: 2+ Common Walls
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Levels: Two
  • Total Units: 22.0
    Exterior Features
  • Pool Features: None
    Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Features: Subterranean
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 7240018001
  • Property Type: Residential Income
  • Stories Total: 2
  • Year Built: 1987
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 21724
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • Status: Active
  • Zip Code: 90815
  • Street Number Numeric: 5401.0
  • Street Name: Anaheim
  • Street Direction Prefix: E
  • Street Suffix: Road
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: N Bellflower Blvd & Pacific Coast Hwy
  • MLS Area Major: Park Estates (36)
    Association Information
  • Community Features: Sidewalks, Urban
  • Subdivision Name: Park Estates (PE)
  • Subdivision Name Other: Park Estates (PE)
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 5748.00
  • Tax Lot: 29
  • Tax Tract Number: 14673
  • Zoning: LBR4R
    Income Details
  • Gross Income: $594,112
  • Gross Scheduled Income: $612,487
  • Net Operating Income: $405,205
    Expense Details
  • Electric Expense: $3,025
  • Fuel Expense: $3,025
  • Insurance Expense: $8,690
  • Licenses Expense: $1,624
  • Maintenance Expense: $12,100
  • New Taxes Expense: $122,643
  • Operating Expense: $188,907
  • Other Expense: $3,850
  • Other Expense Description: Reserves
  • Pest Control Expense: $1,000
  • Professional Management Expense: $24,423
  • Total Expenses: $192,529
  • Trash Expense: $3,025
  • Water Sewer Expense: $3,025
  • Gardener Expense: $2,477
Unit Information
    Unit 1
  • Unit Type Actual Rent: $2,292
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2475
  • Unit Type Units Total: 22
  • Unit Type Total Rent: $50,424
  • Unit Type Type: 1
    Multi-Unit Info
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 22
  • Number Of Separate Water Meters: 1
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Acres: .38
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 16708
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer
Listing / Showing Information / Virtual Tour
    Showing Info
  • List Price: 9850000.0

Property History for 5401 East Anaheim Road

DateEvent & SourcePriceAppreciation
Feb 13, 2020

Price Change

CRMLS #PW19284534

$9,850,000
Dec 20, 2019

Listed (Active)

CRMLS #PW19284534

$10,150,000
Dec 15, 2017

Sold (Public Records)

Public Record #612121503

$8,000,000
DateEvent & SourcePrice
02/13/2020

Price Change

CRMLS #PW19284534

$9,850,000
12/20/2019

Listed (Active)

CRMLS #PW19284534

$10,150,000
12/15/2017

Sold (Public Records)

Public Record #612121503

$8,000,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5401 East Anaheim Road

Taxable ValueLand$5,100,000Additions$3,060,000Total$8,160,000
Tax Record2018$100,342
Home Facts
Beds44Finished Sq.Ft.21,724 SqFtLot Size16,708 SqFtStyleMulti-Family Res (5+ Units)Year Built1987Year Renovated1987ZoningLBR4RCountyLOS ANGELESAPN7240018001

Schools near 5401 East Anaheim Road

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Montessori Children's House SchoolPrivateK-60.5 mi
NR
Wilson High SchoolPublic9-120.8 mi
6
Gant Elementary SchoolPublicK-50.8 mi
10
Zinsmeyer AcademyPrivateK-120.9 mi
NR

Montessori Children's House School

K-6, 0.5 mi, Private

NR

Wilson High School

9-12, 0.8 mi, Public

6

Gant Elementary School

K-5, 0.8 mi, Public

10

Zinsmeyer Academy

K-12, 0.9 mi, Private

NR

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.

Property Details for 5401 East Anaheim Road

StatusActive
MLS #PW19284534
Year Built1987
DOM70
Compass TypeMulti Family
MLS TypeResidential Income
Lot Size0.38 AC / 16,708 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Robert Stepp

Keller Williams Pacific Estate

rstepp@steppcommercial.com

P: 310.774.3740

M: 310.463.2916

DRE #01456379

Contact Agent(s)

Similar Homes

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5401 East Anaheim Road is a multi-family home for sale in Long Beach, CA 90815. This property was listed for sale on December 20, 2019 by Keller Williams Pacific Estate at $9,850,000. It has been on the market for a total of 70 days and was last sold on December 15, 2017. Nearby schools include Richard D. Browning High, Reid High School and Ernest S. McBride Sr. High School. 5401 East Anaheim Road is a 2-bed, 2-bath, multi-family home built in 1987.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Keller Williams Pacific Estate, Robert Stepp, DRE #01456379; Keller Williams Pacific Estate, Todd Hawke, DRE #01376219
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