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Property profile & analytics
OFF-MARKET
Estimated value
$4,020,000
Grocery and convenience stores
1340 7th St Long Beach, CA 90813-4905
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6623430
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1964
Construction
TILT-UP CONCRETE
Total area
23,100 SF
Lot
1.44 ac (62,913 SF)
Zoning code
LBCCA
APN
7266-016-037
UPID
US09-6623430
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Grocery Outlet Grocery & Convenience Store Food Market
-
Super Bargain Mart Specialty Food Shop Supermarket
-
LNB Electric Gate Service & Repair Metal Fabrication Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.06M
Comparable Approach
Comparable
$3.15M
Blend (final)
Blend
$4.02M
Owner & transaction history
Deborah A Goldstein Family Trust
Deborah A Goldstein Family Trust
since 2025
7 recorded transactions
Zoning & alternative use
LBCCA · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$5.8M
+0.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Long Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Long Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$5,475,000
6.5%
$5,055,000
7%
$4,690,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,765,000
Current use
INDUSTRIAL (GENERAL)
$5,770,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$4.02M
Range $3.62M – $4.42M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$174 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$75,973
Tax year 2024
Assessed value
$5,251,875
Assessed 2024
Previous assessed
$5,251,875
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$3,176,439
Assessed improvement
$2,075,436
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
23,100 SF
Lot
1.44 ac (62,913 SF)
Zoning code
LBCCA
APN
7266-016-037
UPID
US09-6623430
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBCCA · Long Beach, CA
Zoning LBCCA · permitted uses
LBCCA · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Long Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$5.8M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.44 ac
Current owner
From public records · entity-resolved
Deborah A Goldstein Family Trust
Trust
Mailing address
23639 ARMINTA ST, WEST HILLS, CA 91304-5806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
—
Deborah A Goldstein Family Trust
Deborah Goldstein
Deed
related
—
Aug 4, 2025
—
Deborah Goldstein
Olga Wainberg Trust
Deed
related
—
Aug 1, 2025
—
Olga Wainberg Trust
Salomon Wainberg And Olga Wainberg
Deed
related
—
Jul 31, 2025
—
Olga Wainberg Survivors Trust
Olga Wainberg
Deed
related
—
Mar 19, 2021
—
Olga Wainberg
Olga Wainberg
Deed
related
—
Jan 2, 2020
—
Wainberg,s & O Fam Trust
Salomon Wainberg
Affidavit Of Death
related
—
May 25, 2018
—
320 South Alvardo LLC
—
Deed
related
$810,000 · Salomon Wainberg
Apr 27, 2012
—
Wainberg S & O Family Trust
Wainberg,salomon & Olga
Quit Claim Deed
related
—
Aug 7, 2008
—
Levavi Zeev E 2008 Trust
Levavi,zeev
Quit Claim Deed
related
—
Mar 4, 2003
$3,850,000
320 South Alvarado LLC
Jrp Management Co LLC
Grant Deed
$2,695,000 · Pacific Business Bank
Mar 4, 2003
—
Jrp Management Co LLC
Paik,nelson S & Angela S
Grant Deed
related
—
Sep 27, 2001
$2,450,000
Nelson S Paik
Tidelands INC
Grant Deed
$1,590,000 · Wilshire State Bank
Apr 20, 1999
$2,100,000
Tidelands INC
7th St Center LLC
Grant Deed
$1,500,000 · Affinity Bank
Aug 30, 1996
—
7th Street Center LLC
—
Deed Of Trust
related
—
—
—
320 South Alvardo LLC
—
Deed Of Trust
related
$810,000 · Salomon Wainberg
—
—
320 South Alvarado LLC
—
Deed Of Trust
related
$2,750,000 · Salomon Wainberg
—
—
Gerald J Marcil
—
Deed Of Trust
related
$1,332,500 · Southern Pacific Thrift & Loan
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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