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3438 Santa Fe Avenue, 
Long Beach, CA 90810

$1,990,000


Bed


Bath


6,576

Sq Ft


Multi-Family

Active

Listed by

Robert Haaga

Pacific Sotheby'S Int'L Realty

949-554-1200

Last updated:

May 17, 2025, 10:10 AM

MLS#

PW25105102

Source:

CRMLS

About This Home

3438 Santa Fe Avenue

Introducing 3438-3440 Santa Fe Avenue- a prime FULLY LEASED 8 plex investment (ALL 2BR units) in Long Beach (TWO separate 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 and one unit was recently updated. With its combination of location, rental income, and investment potential, this property is an opportunity for investors seeking to expand their real estate portfolio in Long Beach.

Home Facts

Multi-Family

Built in 1963

Price Summary

1,990,000

$302 per Sq. Ft.

MLS #:

PW25105102

Last Updated:

May 17, 2025, 10:10 AM

Added:

8 day(s) ago


Rooms & Interior

Interior

Living Area:

6,576 Sq. Ft.


Structure

Structure

Building Area:

6,576 Sq. Ft.

Year Built:

1963


Lot

Lot Size (Sq. Ft):

7,505


Finances & Disclosures

Finances

Price:

$1,990,000

Price per Sq. Ft:

$302 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Campbell Realtors is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Campbell Realtors, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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