3400 E 7th Street

Long Beach, CA90804

Offered at $949,000, this is a rare opportunity for an owner-user or investor to own prime commercial real estate in Long Beach. The property features a newly built-out restaurant with nearly $200,000 invested in improvements, fully permitted and ready to operate—making your effective real estate cost significantly lower. In addition, a long-established nail salon provides steady rental income for added security. Situated at the high-visibility corner of Redondo Avenue and 7th Street, one of Long Beach’s busiest intersections, the property offers 1,800 rentable square feet with strong foot traffic and walkable access. Located just one mile north of Cal State Long Beach, the area is home to over 57,000 residents within a one-mile radius, boasting an average household income near $100,000 and home values above $950,000. Financial highlights include a pro forma cap rate of 5.8%, with potential to reach approximately 6.18% when factoring in the restaurant build-out value ($150,000). At this adjusted basis, your true real estate cost is closer to $800,000. This is a unique chance to own and operate your business while building equity through real estate ownership in a thriving market. Opportunities like this don’t last long—schedule your showing today.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.