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For sale
  • Listing Provided by: 

    Annie Chen DRE #00969419 562-556-3511,

    Homegrown Wealth Real Estate,

    Alexander Popa DRE #02048269 310-500-5989,

    Homegrown Wealth Real Estate

    $1,500,000

    3390 Santa Fe Ave, Long Beach, CA 90810

    12beds
    6baths
    3,520sqft
    : 
    Multi Family
    Built in 1957
    -- sqft lot
    $1,260,600 Zestimate®
    $426/sqft
    $-- HOA

    What's special

    Private uncovered driveway spaceWell-maintained interiors
    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 6.09% 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 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.
    28 days
    on Zillow
    |
    281
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: 18 hours ago

    Listing Provided by:

    Annie Chen DRE #00969419 562-556-3511,

    Homegrown Wealth Real Estate,

    Alexander Popa DRE #02048269 310-500-5989,

    Homegrown Wealth Real Estate

    Source: CRMLS,MLS#: AR25152472MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Heating
    • None
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,520
    • Total interior livable area: 3,520 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Fencing: Block,Chain Link,Wrought Iron
    Lot
    • Size: 3,921 Square Feet
    • Features: 11-15 Units/Acre
    Details
    • Parcel number: 7312001043
    • Zoning: LBR3T
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Aluminum Siding, Asphalt, Frame, Stucco, Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Park
    • Subdivision: 1
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $426/sqft
    • Tax assessed value: $955,772
    • Annual tax amount: $12,722
    • Date on market: 7/8/2025
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,1031 Exchange
    • Tenant pays: All Utilities
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