2400 E 7th St Long Beach, CA 90814
Iconic Long Beach restaurant/bar with parking lot for sale.
Property Features for 2400 E 7th St
General Information
- Standard status
- Active
- Size
- 2,884 SF
- Lot size
- 0.07 Acres
- Property subtype
- Retail
Listing office Coldwell Banker Commercial BLAIR
Listing date May 14, 2026
Source Commercialcafe
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Investment Insights
Based on property information with market context.
Key Highlights
- Valuable Type 47 ABC liquor license included
- Includes 20 on‑site parking spaces (including 2 ADA‑compliant) on a separate 6,757 SF parcel
- Freestanding 2,884 SF building on 3,210 SF of land, suitable for restaurant, bar, or adaptive reuse
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.1k | $26.40 |
| − Vacancy | −$3.8k | −$1.32 |
| EGI | $72.3k | $25.08 |
| − OpEx | −$18.1k | −$6.27 |
| NOI | $54.2k | $18.81 |
Alternative Uses
Property Analytics
Current Use by Public Records
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