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Property profile & analytics
FOR SALE
Commercial kitchens
3401 Cherry Ave Long Beach, CA 90807
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-6541689
For Sale
1 / 7
Contact for pricing
3401 Cherry Ave, Long Beach, CA 90807
View Listing →
Property profile
Verified
Property type
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Year built
2003
Construction
WOOD
Total area
4,959 SF
Lot
0.46 ac (19,859 SF)
Zoning code
LBR1N
APN
7147-026-019
UPID
US09-6541689
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
-
Pita Pitaki Restaurant
-
Super Mex Restaurants Restaurant
-
Wescom credit union Atm
-
Jr Mex Restaurant
-
Akii Sushi Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$570k
Owner & transaction history
Krantz And Mary Ann Krantz 1997 Rev
Krantz And Mary Ann Krantz 1997 Rev
since 2025
4 recorded transactions
Zoning & alternative use
LBR1N · Long Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Zoning Districts Established
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$115 / 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
$58,266
Tax year 2024
Assessed value
$4,465,955
Assessed 2024
Previous assessed
$4,465,955
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,878,327
Assessed improvement
$2,587,628
Applied tax rate
5.0000
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
Commercial kitchens
Use group
TAKE-OUT RESTAURANT
Status
For Sale
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Bathrooms
6
Total area
4,959 SF
Lot
0.46 ac (19,859 SF)
Zoning code
LBR1N
APN
7147-026-019
UPID
US09-6541689
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LBR1N · Long Beach, CAZoning LBR1N · permitted uses
LBR1N · Long Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Districts Established
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Units
4
Bathrooms
6
Lot
0.46 ac
Current owner
From public records · entity-resolved
Krantz And Mary Ann Krantz 1997 Rev
Individual
Free & Clear · 0 yrs held
Mailing address
19 ROYAL SAINT GEORGE RD, NEWPORT BEACH, CA 92660-5218
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2025
—
Krantz And Mary Ann Krantz 1997 Rev
Mary Ann Krantz
Deed
related
—
Sep 11, 2006
$3,400,000
Krantz George & M A 1997 Trust
Beyond Serenity At Cherry
Grant Deed
—
Sep 11, 2006
—
Serenity At Cherry Beyond
Jillie Diana B 1994 Trust
Quit Claim Deed
related
—
Sep 17, 1969
$55,000
—
—
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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