3438 Santa Fe Avenue
Long Beach, CA 90810
- – beds
- – baths
- – sqft
- 7,506 sqft lot
- 1963 build
- – on site
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.
Last checked:
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Last updated May 17, 2025
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MLS# PW25105102 —
The Building
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Year Built:1963
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:6576.00
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Building Area Units:Square Feet
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Total Number Of Units:8
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# of Buildings:2
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Roof:Bitumen
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:8
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# of Separate Electric Meters:8
Interior
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Entry Location:1
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Flooring:Carpet, Vinyl
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Fireplace:No
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Fireplace:None
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Laundry:Common Area
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Laundry:1
Location
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Directions:South on 405 from Los Angeles to 710 North first exit on Santa Fe
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Latitude:33.81965200
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Longitude:-118.21511900
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LBR3T
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Lot Features:Near Public Transit
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Lot Size Area:7506.0000
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Lot Size Acres:0.1723
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Lot Size SqFt:7506.00
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Lot Size Source:Assessor
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Fencing:Chain Link
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Property Attached:1
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Additional Parcels:Yes
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Additional Parcels Description:7311019060
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5723.01
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Tax Lot:27
The Listing
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Special Listing Conditions:Trust
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Parcel Number:7311019061
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Utilities
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Sewer:Sewer Paid
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Water Source:See Remarks
Appliances
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Appliances:Gas Oven, Gas Cooktop, Range Hood
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Included:Yes
The Community
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Subdivision:Westside/North of Willow (WNW)
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Subdivision:Westside/North of Willow (WNW)
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Features:Street Lights
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:8.00
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Uncovered Spaces:2.00
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Carport Spaces:6.00
Extra Units
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Number With Carpet:8
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Number With Disposal:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/15/25
May 15, 2025
|
Listed / Active | CRMLS_CA | $1,990,000 |
