Mixed-Use Property with
For Sale
$1,250,000
337 E 7th, Long Beach, CA 90813
Commercial Sale, Long Beach, CA
Property Size2,049 SF
Lot Size0.17 Acres
Price / SF$610.05
Days on Market39
Property Features for 337 E 7th
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Located on E 7th Street between Long Beach Blvd and Elm Ave.
Subdivision
4 - Downtown Area, Alamitos Beach
Standard status
Active
APN
7273020024
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
commercial, residential
Building Details
Year built
1895
Buildings
2
Listing Agency:
Coldwell Banker Best Realty · Coldwell Banker Real Estate
Listed By:
Eunhee Ko · License #02078282
(714) 451-1700
Added: Sep 28
Changed: Nov 2
Last Checked: Nov 5 at 3:06AM
MLS# PW26220714
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 335 and 337 E 7th Street, two buildings contain approximately 2,049 square feet of improvements on a 7,561-square-foot parcel. The vacant commercial area at the front is approximately 1,000 square feet; two residential rentals at the rear are occupied on month-to-month leases. The property was built in 1895.
The site is in the PD-30 planning district. Preliminary information from the City indicates a maximum height of 150 feet, a 5.0 floor area ratio, and a parking exemption. Applied to the parcel area, that FAR indicates approximately 37,805 square feet of potential floor area, subject to regulations, project design, and City approval. Nearby businesses include Carl's Jr. and McDonald's, with access to Long Beach Boulevard, Downtown dining and shopping, and waterfront attractions.
The site is in the PD-30 planning district. Preliminary information from the City indicates a maximum height of 150 feet, a 5.0 floor area ratio, and a parking exemption. Applied to the parcel area, that FAR indicates approximately 37,805 square feet of potential floor area, subject to regulations, project design, and City approval. Nearby businesses include Carl's Jr. and McDonald's, with access to Long Beach Boulevard, Downtown dining and shopping, and waterfront attractions.
Key Highlights
- Two buildings with approximately 2,049 SF of improvements on a 7,561 SF lot
- Vacant front commercial space of approximately 1,000 SF
- Two occupied residential rentals leased month‑to‑month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,401
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,020
$868.0K
Cap Rate 7%
$620,014
$620.0K
Cap Rate 9%
$482,233
$482.2K
Market Conditions
NOI Build-Up for 2,049 SF
Gross rent
$82.4K $40.20/SF
− Vacancy
−$3.5K −$1.69/SF
EGI
$78.9K $38.51/SF
− OpEx
−$35.5K −$17.33/SF
NOI
$43.4K $21.18/SF
Area
ZIP 90813
Vacancy
4.20%
Lease Rate
$40.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$868,020
Cap Rate 7%
$620,014
Cap Rate 9%
$482,233
Alternative Uses
Best Use
Apartment 5plus
$620.0K
$542.5K – $723.4K
NOI $43,401 @ 7.0% cap · market cap 3.47%
Second Best
Mixed Use
$494.0K
$432.2K – $576.3K
NOI $34,577 @ 7.0% cap · market cap 2.77%
Theoretical Best
Multifamily LT 5
$672.8K
$588.7K – $784.9K
NOI $47,096 @ 7.0% cap · market cap 3.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,460
Businesses Nearby
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Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A vacant commercial suite fronts two occupied residential rentals leased month-to-month.
Where is this mixed-use property located?
The property is located at 337 E 7th Long Beach, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two buildings with approximately 2,049 SF of improvements on a 7,561 SF lot; Vacant front commercial space of approximately 1,000 SF; Two occupied residential rentals leased month‑to‑month
