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    FOR SALE
    Turn key restaurants

    335 Nieto Ave, Long Beach, CA 90814-1825

    1,103 SF 0.08 ac lot Built 1923
    Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-7848289
    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1923
    Construction WOOD
    Total area 1,103 SF
    Lot 0.08 ac (3,410 SF)
    Zoning code LBCNR
    APN 7250-026-016
    UPID US09-7848289
    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
    • Ubuntu The Greatest Neighborhood Café Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Nieto Corner LLC · 13 yrs held
    Nieto Corner LLC
    since 2013
    7 recorded transactions
    2013
    $295,000
    2012
    2012
    2011
    $75,313
    2007
    2007
    $705,000
    2005
    Zoning & alternative use
    LBCNR · Long Beach, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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