CA > Long Beach
Long Beach, CA 90804,2009 E 7th Street
Long Beach, CA 90804,2009 E 7th Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
25
Oct
Sun
26
Oct
Mon
27
Oct
Danielle Broad

Danielle Broad

+1(925) 383-9200
$4,499,000
Est. payment /mo
17,730 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 17,730 sqft

Price per Sqft $253

MLS Listing ID CROC25101601

HOA Y/N No

Year Built 1959

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Other

Property Description

This 26-unit mixed-use investment is located at the high-visibility corner of 7th Street and Cherry Avenue in the Historic Rose Park District of Long Beach-a walkable, rapidly evolving area surrounded by strong retail demand and stable residential tenancy. The two-building property totals approximately 17,730 square feet and features 7 ground-floor retail suites and 19 apartment units, consisting of 1 studio, thirteen 1-bed/1-bath units, four 2-bed/1-bath units, and one 3-bed/1-bath unit. The diverse mix of units and commercial spaces creates multiple income streams and flexible leasing opportunities. With rents significantly below market, the asset offers an estimated 20–25% rental upside achievable through light renovations, management efficiencies, and targeted leasing. The retail spaces have historically maintained 85–90% occupancy, while residential rents present further upside potential. At the asking price, the property delivers a capitalization rate approaching 6%, and a market-adjusted return above 7.5%, once repositioned. This offering represents a rare chance to acquire a corner mixed-use property in one of Long Beach's most desirable submarkets-combining immediate income, long-term appreciation, and substantial value-add potential.

Location

State CA

County Los Angeles

Zoning LBCC

Interior

Fireplace No

Laundry Other

Exterior

Utilities Available Other Water/Sewer

Building

Water Other

New Construction No

Others

Tax ID 7262024021

Read Less Info
Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Mike Marcu • Mike Marcu, Broker
Danielle Broad

+1(925) 383-9200

smiles4dee@gmail.com

GET MORE INFORMATION

Full Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Danielle Broad, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

2009 E 7th Street

QUICK SEARCH
VIEW MORE