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2400-2414 East 7th Street
Long Beach, CA 90814
Asking Price
$1.50M
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 2,884 SqFt <ul><li>Rare opportunity to acquire an iconic standalone restaurant</li><li>Prime visibility along a major Long Beach thoroughfare</li><li>On- site parking lot with 20 parking stalls</li><li>Type 47 ABC liquor license available</li><li>Strong potential for owner-user or investor repositioning</li></ul>
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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179
