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.
MLS #
CRAR25152472
MLS Source
California Regional MLS
Days on Site
10
Laundry
None
Heating
No Heating
Garage/Parking
Garage: 5 Car(s)
Listing Agent
Annie Chen
Homegrown Wealth Real Estate
License #: 00969419
Phone: –
Co-Listing Agent
Alexander Popa
License #: 02048269
Phone: (310) 500-5989
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
3390 Santa Fe Ave is a Residential Income in Long Beach, CA 90810. This – square foot property sits on a 3,921 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in 1957.
This address can also be written as 3390 Santa Fe Ave, Long Beach, CA 90810.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 08, 2025. For the most current information, please contact Annie Chen