Long Beach, CA 90810,3438 Santa Fe AVE
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Long Beach, CA 90810,3438 Santa Fe AVE
Long Beach, CA 90810,3438 Santa Fe AVE
Long Beach, CA 90810,3438 Santa Fe AVE
Long Beach, CA 90810,3438 Santa Fe AVE
Listed by Robert Haaga • Pacific Sotheby's Int'l Realty
Bought with Cody Charnell

$1,626,500

Est. payment /mo

$1,795,000

9.4%
Est.Price: ?

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3438 Santa Fe AVE Long Beach, CA 90810

7,506 Sqft Lot

SOLD DATE : 08/22/2025

Key Details

Sold Price $1,626,500

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW25105102

Sold Date 08/22/25

Year Built 1963

Lot Size 7,506 Sqft

Source California Regional MLS

Property 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 in

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Kitchen Hood Over Range, Other, Oven - Gas

Interior

Heating Wall Furnace

Laundry Laundry Area, Washer/Dryer - Leased

Exterior

Parking Features Assigned Spaces

Garage Spaces 8.0

Pool None

Roof Type Bitumen

Building

Sewer Sewer Available

Water Other

Others

Tax ID 7311019061

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