3438 Santa Fe Avenue, Long Beach, California 90810
  • $1,795,000
  • $1,850,000

Overview

Property ID: PW25105102
  • Apartment, Residential Income
  • Property Type
  • 6576 Sqft
  • Area Size
  • 1963
  • Year Built

Description

Opportunity knocks. 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

  • Address: 3438 Santa Fe Avenue
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90810
  • Country: US

Details

Updated on August 23, 2025 at 4:29 pm
  • Property ID PW25105102
  • Price $1,795,000
  • Property Size 6576 Sqft
  • Land Area 0.1723 Acres
  • Year Built 1963
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan, Conventional
  • Roof Bitumen
  • Sewer Sewer Tap Paid
  • Heating Wall Furnace
  • Flooring Carpet, Vinyl
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Assigned
  • Community Features Street Lights

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