CA > Long Beach > Westside-North Of Willow (Wnw)
Long Beach, CA 90810,3438 Santa Fe AVE
Long Beach, CA 90810,3438 Santa Fe AVE
Long Beach, CA 90810,3438 Santa Fe AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
28
Jun
Sun
29
Jun
Mon
30
Jun
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,850,000
Est. payment /mo
7,505 Sqft Lot
Save

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Subdivision Westside/North Of Willow (Wnw)

MLS Listing ID PW25105102

HOA Y/N No

Year Built 1963

Lot Size 7,505 Sqft

Property Sub-Type Mixed Use

Property Description

NEW PRICE! $140K adjustment. Introducing 3438-3440 Santa Fe Avenue- a prime FULLY LEASED 8 plex investment (ALL 2BR units) in Long Beach (TWO separate twin 4 unit buildings adjacent to each other with a common driveway) being sold together. First time to market in over 40 years. ****May be able to take advantage of conventional 4 unit financing as each building has its own APN. Check with your lender. The buildings are centrally located near the interchange of the 405 and 710 FWY'S and to either Los Angeles or Orange County. This 8 PLEX boasts 6 (six)- 2-BR/1.5 BA units and 2 (two)- 2BR 1BA units each with their own designated parking space and a convenient coin-operated laundry shared by all units. Per the seller, the majority of tenants have been with them well over 5 years and all are in good standing. This is an ideal purchase for seasoned investors and an incredible value. Don't miss out on the building's solid rental history. The property consistently generates $13,386 per month and $160,632 annually in rental income with plenty of upside potential. Both building ROOFS were replaced in 2013 and 2019 respectively, both buildings master WATER HEATERS were replaced in 2019 and 2022 respectively, and one unit was recently updated. With its combination of location, rental income, and investment potential, this property is an opportunity for investors seeking to expand their real estate portfolio in Long Beach. Property being sold together with 3440 Santa Fe Avenue APN #7311-019-060

Location

State CA

County Los Angeles

Area 11 - Westside

Zoning LBR3T

Interior

Heating Wall Furnace

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Gas Oven, Range Hood

Laundry Common Area

Exterior

Parking Features Assigned

Carport Spaces 6

Fence Chain Link

Pool None

Community Features Street Lights

Roof Type Bitumen

Total Parking Spaces 8

Private Pool No

Building

Lot Description Near Public Transit

Story 2

Sewer Sewer Tap Paid

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 7311019061

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Trust

Read Less Info
CRMLS – RECore
Listed by Robert Haaga Pacific Sotheby's Int'l Realty 562-439-0111

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
 
Serving Southern California

Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations

There are 30 quick searches