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.
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.
Property Details
Price:
$1,500,000
MLS #:
AR25152472
Status:
Active
Baths:
0
Address:
3390 Santa Fe Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
7northlongbeach
City:
Long Beach
Listed Date:
Jul 3, 2025
State:
CA
ZIP:
90810
Lot Size:
3,921 sqft / 0.09 acres (approx)
Year Built:
1957
See this Listing
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Schools
Interior
Heating
None
Exterior
Community Features
Park
Fencing
Block, Chain Link, Wrought Iron
Garage Spaces
5.00
Lot Features
11-15 Units/ Acre
Parking Spots
5.00
Pool Features
None
Roof
Asphalt
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Tenant Pays
All Utilities
Map
Community
- Address3390 Santa Fe Avenue Long Beach CA
- Area7 – North Long Beach
- CityLong Beach
- CountyLos Angeles
- Zip Code90810
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3390 Santa Fe Avenue
Long Beach, CA
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