Long Beach, CA90810
| 3520 sqft | MLS# AR25152472
Tract: 1
For Sale $1,500,000
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 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.
Facts
| Built in 1957 | Lot Size: 3921.00 sqft | HOA Dues: $0/month
Features
Listing provided by Annie Chen, Homegrown Wealth Real Estate
Based on information from California Regional Multiple Listing Service, Inc. as of July 8, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
