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Retail Investment Opportunity - "Anaheim Pine Plaza" in Long Beach City. Located at the high-traffic intersection of Anaheim Street and Pine Avenue, adjacent to Pacific Avenue, this attractive commercial retail building sits in the well-established Anaheim Pine Plaza shopping center. Property Highlights: Building Size 4,467 SF. and Lot Size 13,853 SF. This building was rebuilt in 2008 and it is in good and modern condition. It has more than 20 on-site spaces - ample for customers and staffs. Zoning is Commercial Retail. One tenant is LPB Convenience Store - Long-term, stable tenant. Using 2,820 sf, rent is $8,556.37. The other is Veronica's Insurance - Well-known brand throughout Southern California. Using 1620 sf, rent is $5,723.33. Total monthly income is $14,297. Yearly gross income is $171,356 and net income is $134,496. This good income makes Cap Rate of 6.11%. Both tenants under Rent + NNN leases. 3% Annual Rent Increases. Separate electrical meters, HVAC units, and utilities for each tenant. This is a rare opportunity to acquire a low-maintenance, income-producing asset with strong, long-term tenants in place. Ideal for investors seeking a stable return with built-in rental growth in a high-visibility, high-traffic location. (See attached Listing Supplements for Property information, Rent roll, and Profit/ Expense detail)
Property Type(s):
Commercial
| Last Updated | 9/1/2025 | Year Built | 2008 |
|---|---|---|---|
| Community | 4 - Downtown Area, Alamitos Beach | County | Los Angeles |
Additional Details
| AIR | Central Air, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 4 - Downtown Area, Alamitos Beach |
| HEAT | Central, Zoned |
| LOT | 0.318 acre(s) |
| LOT DESCRIPTION | Corner Lot, Paved |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with New Star Realty & Investment
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