CA > Long Beach
Long Beach, CA 90804,3400 E 7th Street
Long Beach, CA 90804,3400 E 7th Street
Long Beach, CA 90804,3400 E 7th Street
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$949,000
Est. payment /mo
1,800 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $527

MLS Listing ID CROC25188140

HOA Y/N No

Year Built 1923

Lot Size 1,800 Sqft

Acres 0.04

Property Sub-Type Retail

Property Description

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.

Location

State CA

County Los Angeles

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Other

Building

New Construction No

Others

Tax ID 7258026001

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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 Long Nguyen • Advance Estate Realty
Danielle Broad

+1(925) 383-9200

smiles4dee@gmail.com

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