Property Detail

Description

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.