Property profile

1601 East 7Th St Long Beach, CA 90813

FOR SALE
Drive through restaurants
Saved · see the list in your Dashboard
Property ID
US09-6701411
1,470 SF 0.24 ac Built 1970
Last sale Dec 2017·$1,410,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$1.57M
Assessed land$803k
Assessed improvement$770k
Effective rate1.43%

Value estimate

· Nov 2026
$405k
$365k – $446k
AI approach$355k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$3k
Operating expenses−$10k
NOI · 1.63% cap applied$31k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$624/SF
Submarket average, outlier-cleaned · 77 recorded sales of this use type
Observed band · Q1–Q3$257 – $986
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1.63%
$31k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LBCNR
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm46.5
Realty agency35.4
Computer & Electronic Repair12.2

Location

1601 East 7Th St Long Beach, CA 90813
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1511 Anaheim, Long Beach, CA 90813-3807 $559,000 Dec 2025 1,450 SF
1585 Santa Fe, Long Beach, CA 90813-1238 $625,000 Oct 2024 1,699 SF
1168 Anaheim, Long Beach, CA 90813-3663 $120,000 Sep 2023 2,500 SF
1020 Anaheim, Long Beach, CA 90813-3614 $100,000 Jun 2023 1,144 SF
1430 7th, Long Beach, CA 90813-4907 $165,000 May 2023 2,275 SF
821 Lime, Long Beach, CA 90813-4619 $820,008 Jul 2022 1,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved