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$ 1,500,000
Est. payment /mo
New
3390 Santa Fe Avenue Long Beach, CA 90810
2 Beds
1 Bath
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25152472
Bedrooms 2
Property Sub-Type Res Income 2-4 Units
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 upsideperfect 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 assets appeal and reduce maintenance needs, while one private, uncovered driveway space adds tenant convenience. Currently operating at a 6.09% 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 todays 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
Zoning Assessor
Direction From I-710 S, take the exit toward Willow St. Turn right onto W Willow St, then left onto Santa Fe Ave. Property will be on the
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7312001043
Listed by Annie Chen Homegrown Wealth Real Estate
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