
3438 Santa fe Ave Long Beach, CA 90810
Upper Westside NeighborhoodHighlights
- Property is near public transit
- Chain Link Fence
- Wall Furnace
- Laundry Room
- Carpet
About This Home
As of August 2025Opportunity 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
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty Brokerage Phone: 562-439-0111 License #00993744 Listed on: 05/15/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,333
Year Built
- Built in 1963
Lot Details
- 7,506 Sq Ft Lot
- Two or More Common Walls
- Chain Link Fence
- 7311019060
Home Design
- Apartment
- Bitumen Roof
Interior Spaces
- 6,576 Sq Ft Home
- 2-Story Property
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 16 Bedrooms
- 14 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Open Parking Spaces
- 8 Parking Spaces
- 6 Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Wall Furnace
- Sewer Paid
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 27
- Assessor Parcel Number 7311019061
- $826 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- Electric Expense $860
- Gardener Expense $960
- Insurance Expense $4,900
- Other Expense $888
- Pest Control $1,680
- Water Sewer Expense $13,300
- Net Operating Income $146,436
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in Long Beach, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $860,000 | Fidelity National Title | |
Interfamily Deed Transfer | -- | Wfg Title Company Of Ca | |
Interfamily Deed Transfer | -- | Investors Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $731,000 | New Conventional | |
Previous Owner | $175,000 | New Conventional | |
Previous Owner | $330,000 | New Conventional |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/22/2025 08/22/25 | Sold | $1,626,500 | -9.4% | $247 / Sq Ft |
07/22/2025 07/22/25 | Pending | -- | -- | -- |
07/10/2025 07/10/25 | Price Changed | $1,795,000 | 0.0% | $273 / Sq Ft |
07/10/2025 07/10/25 | For Sale | $1,795,000 | -3.0% | $273 / Sq Ft |
06/26/2025 06/26/25 | Pending | -- | -- | -- |
06/19/2025 06/19/25 | Price Changed | $1,850,000 | -7.0% | $281 / Sq Ft |
05/15/2025 05/15/25 | For Sale | $1,990,000 | -- | $303 / Sq Ft |
Tax History Compared to Growth
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $8,333 | $615,705 | $246,282 | $369,423 |
2024 | $8,333 | $603,633 | $241,453 | $362,180 |
2023 | $8,189 | $591,798 | $236,719 | $355,079 |
2022 | $7,700 | $580,195 | $232,078 | $348,117 |
2021 | $7,529 | $568,820 | $227,528 | $341,292 |
2019 | $7,421 | $551,950 | $220,780 | $331,170 |
2018 | $7,188 | $541,128 | $216,451 | $324,677 |
2016 | $6,605 | $520,117 | $208,047 | $312,070 |
2015 | $6,347 | $512,305 | $204,922 | $307,383 |
2014 | $6,318 | $502,270 | $200,908 | $301,362 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Robert Haaga
Pacific Sotheby's Int'l Realty
(562) 430-2121
1 in this area
24 Total Sales
-
Buyer's Agent in 2025
Cody Charnell
Sage Real Estate Group, Inc.
(562) 896-3851
2 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25105102

APN: 7311-019-061
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