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.
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
Est.:
Multi Family
Built in 1957
-- sqft lot
$1,260,600 Zestimate®
$426/sqft
$-- HOA
What's special
Private uncovered driveway spaceWell-maintained interiors
- 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#: AR25152472
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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