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3390 Santa Fe Ave
For Sale $1,500,000
$1,500,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 3,921 Sq Ft
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,500,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 5 spots |
| Year Built | 1957 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7312001043 |
| MLS # | AR25152472 |
| Property ID | 321964278 |
| Lot Sqft | 3,921 |
| Zoning | LBR3T |
| Total Units | 6 |
| Days on Market | 157 |
| Original List Price | $1,500,000 |
| Date Updated | August 08, 2025 |
| Date Created | July 03, 2025 |
Listing Provided By
Annie Chen an agent of Homegrown Wealth Real Estate. Lic #00969419
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 08, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT