CA > Long Beach
Long Beach, CA 90810,3390 Santa Fe AVE
Long Beach, CA 90810,3390 Santa Fe AVE
Long Beach, CA 90810,3390 Santa Fe AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,500,000
Est. payment /mo
3,920 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25151724

HOA Y/N No

Year Built 1957

Tax Year 2025

Lot Size 3,920 Sqft

Property Sub-Type Multi Family

Property Description

Turnkey 6-Unit Investment Opportunity in Prime West Long Beach

Welcome to 3390 Santa Fe Avenue a fully leased, income-generating 6-unit apartment building located in the heart of West Long Beach. Just minutes from Downtown, the Ports, and major freeways (710 & 405), this asset offers immediate cash flow with strong long-term upside—perfect for seasoned investors or 1031 exchange buyers.

The property consists of six 2-bedroom, 1-bath units , each featuring well-maintained interiors, individual gas and electric meters, and a solid rental history. Recent capital improvements enhance the asset's appeal and reduce maintenance needs, while one private, uncovered driveway space adds tenant convenience.

Currently operating at a 6.15% cap rate , this building benefits from professional management, low vacancy, and consistent tenant demand. Its coastal proximity and accessibility to public transportation, schools, and shopping centers make it especially attractive in today's competitive rental market.

With room for rental upside and growing demand in the area, this turnkey asset is a rare opportunity for investors seeking stability, location, and value.

Location

State CA

County Los Angeles

Area 7 - North Long Beach

Interior

Heating None

Fireplace No

Laundry Common Area

Exterior

Fence Block, Chain Link, Wrought Iron

Roof Type Asphalt

Building

Lot Description 11-15 Units/Acre

Story 2

Water Public

Others

Tax ID 7312001043

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Annie Chen Homegrown Wealth Real Estate 562-556-3511

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