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 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
|
DAYS ON MARKET
|
31
|
LAST UPDATED
|
5/22/2025
|
|
TRACT
|
Westside/North of Willow (WNW)
|
YEAR BUILT
|
1963
|
|
COMMUNITY
|
11 - Westside
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| APPLIANCES |
Gas Cooktop, Gas Oven, Range Hood |
| AREA |
11 - Westside |
| HEAT |
Wall Furnace |
| LOT |
7505 sq ft |
| LOT DESCRIPTION |
Near Public Transit |
| PARKING |
Assigned |
| POOL DESCRIPTION |
None |
| STORIES |
2 |
| SUBDIVISION |
Westside/North of Willow (WNW) |
| WATER |
See Remarks |
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Listed with Pacific Sotheby's Int'l Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/15/25 1:05 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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