Sold
3042 Santa Fe Avenue
Long Beach CA, 90810
$1,255,000
$270.47 per sqft
Sold
15 Beds
5 Baths
4,640 sqft
Residential
Built in 1959
Listed by Darin Spillman with Kidder Mathews of California, Inc. 310-312-2800
Consisting of five spacious 3 bedroom 1 bath units averaging 974 square feet each, this 5 unit apartment building offers at least 50% potential upside in rents. Located in a quiet residential pocket of the Upper Westside neighborhood of Long Beach, 3042 Santa Fe Avenue is situated near schools and shopping, with quick access to the 405 and 710 Freeways. The building is separately metered for gas and electricity. There are 3 1-car private garages and 2 additional parking spaces, with alley access. The property presents an excellent value-added opportunity for a hands-on investor to renovate the units and add considerable rental income over time.
22182385
MLSⓇ ID
July 25, 2022
Listed
March 23, 2024
Updated
Map
3042 Santa Fe Avenue
Long Beach CA, 90810
Interior Features
Total Stories
2
Bedrooms
15 Beds
Bathrooms
5 Baths
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.12 Acres
Other Property Details
Area Name
11 - Westside
Days on Market
59
Garage
Yes
Garage Spaces
3
Parking Total
5
View
No
County
Los Angeles
Pool
No
Zoning
LBCNA
Buyer Agency Compensation
2.5%
Listing Contact: 310-312-2800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:37 AM UTC