#AR25152472, Annie Chen, Listing office: Homegrown Wealth Real Estate

3438 Santa Fe Ave Long Beach, CA 90810
Property details
About 3438 Santa Fe Ave
****Back on Market! Buyer got COLD FEET. Opened escrow and never did ANY inspections. 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. 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
Highlights
Summary
- Appliances: Gas Cooktop, Gas Oven, Range Hood
- Flooring Type: Carpet, Vinyl
- Fireplace: None
- Private Pool: No
- Parking: Assigned
- Heating: Wall Furnace
- List Price: $1,795,000
- Annual Tax Amount: $8,333
- Tax Year: 2024
- Lot: Near Public Transit
- Directions: South on 405 from Los Angeles to 710 North first exit on Santa Fe
- Year Built: 1963
- Stories: 2
- Lot Size: 0.1723 Acres
- MLS Number: PW25105102
- MLS Name: CRMLS
- Office Name: Pacific Sotheby's Int'l Realty
- Office Phone: (562) 439-0111
- Listing Agent: Robert Haaga
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 7/14/2025, 10:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $603,633 | $8,333 |
2023 | $591,798 | $8,189 |
2022 | $580,195 | $7,699 |
2021 | $568,820 | $7,528 |
2020 | $562,988 | $7,421 |
2019 | $551,950 | $7,187 |
2018 | $541,128 | $7,111 |
2017 | $530,518 | $7,111 |
History based on county public records data.
Nearby schools
4
Daniel Webster Elementary School
Public District KG-5
0.2 mi
•1755 W 32nd Way
5
Birney Elementary School
Public District KG-5
1.0 mi
•710 W Spring St
7
Los Cerritos Elementary School
Public District KG-5
1.0 mi
•515 W San Antonio Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,283. The most common annual income of people living in Long Beach, CA is between $35k-100k. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 3438 Santa Fe Ave
The listing price of 3438 Santa Fe Ave property is $1,795,000.
The property 3438 Santa Fe Ave is a condo located in Long Beach, California, 90810.
Active Listing: 3438 Santa Fe Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3438 Santa Fe Ave are: Daniel Webster Elementary School (GreatSchools Rating 4/10), Birney Elementary School (GreatSchools Rating 5/10), Los Cerritos Elementary School (GreatSchools Rating 7/10), Muir Academy (GreatSchools Rating 6/10), Stephens Middle School (GreatSchools Rating 5/10), Elizabeth Beth Hudson K - 8 School (GreatSchools Rating 5/10), Rancho Dominguez Preparatory School (GreatSchools Rating 3/10), The Education Corps (GreatSchools Rating 2/10), Cabrillo High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $8,333 (source: MLS/based on county public records data).
The property at 3438 Santa Fe Ave has 0 bathroom.
The year of construction for 3438 Santa Fe Ave is 1963.
This home is located at 3438 Santa Fe Ave in Long Beach, CA and zip code 90810 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $1,795,000.
Long Beach, CA housing market in June 2025 saw over 73 listings sold above listed price, more than 33 sold at listed price and over 90 sold below. Between May and June 2025, Long Beach, CA real estate market has seen increase in the number of listings by 4.8%. While the average time on the market in June 2025 was 34 days, the median list price was $836,224.