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Sold$1,626,500on Aug 22, 2025
3438 Santa Fe Avenue, Long Beach, CA 90810
Pacific Sotheby's Int'l Realty
8Beds
7Baths
54Days Listed
About This Property
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. Dont 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 investment potential, this property is an opportunity for investors seeking to expand their real estate portfolio in Long Beach. Property being sold together with 3440 Santa Fe Avenue APN #7311-019-060
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 8
- Bathrooms
- 7
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 54
- Cumulative Days on Market
- 55
- Original Price
- $1,990,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Long Beach Market Snapshot
582
Active Listings
$773K
Median Price
49
Avg Days on Market
Last updated: Aug 24, 2025
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Robert Haaga, Pacific Sotheby's Int'l Realty · 562-439-0111
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.
$1,795,000