3374 Santa Fe Avenue

Long Beach, CA 90810

$1,449,999
Price
12
Beds
6
Baths
3,520 Sq. Ft.
$412 / Sq. Ft.
3,520
Sq. Ft.
$412
per Sq. Ft.

Description

This property offers a great investment opportunity with current market rents and potential for value growth. Located near schools, restaurants, and freeways, it provides convenient alley access to 4 parking spots. Each unit features 2 bedrooms, 1 bathroom, and is approximately 587 sq ft. A few upgrades include newer concrete in common areas, newer windows, updated plumbing in the kitchens and bathrooms, and new tile in some units. The property is also secured with gates at both the front and rear.This property offers a great investment opportunity with current market rents and potential for value growth. Located near schools, restaurants, and freeways, it provides convenient alley access to 4 parking spots. Each unit features 2 bedrooms, 1 bathroom, and is approximately 587 sq ft. A few upgrades include newer concrete in common areas, newer windows, updated plumbing in the kitchens and bathrooms, and new tile in some units. The property is also secured with gates at both the front and rear.
  1. Listed by Moises Palomo • DRE #02230316 • Brokerage DRE #02142871 • Circle Real Estate

Property Details for 3374 Santa Fe Avenue

Parking Spaces Total
0
Private Pool
No
Cooling Type
None
Total Units
6.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3520
Assessor Parcel Number
7312-001-053
LISTING UPDATED: 12/04/2024 02:42 AM

Property Details for 3374 Santa Fe Avenue

StatusActive
MLS #PW24173512
Days on Market111
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1957
Lot Size0.09 AC / 3,927 SF
CountyLos Angeles County

Building Information for 3374 Santa Fe Avenue

Stories2Residences-Year Built1957Building Size-Lot Size0.09 AC / 3,927 SF

Property Information for 3374 Santa Fe Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $112,344
  • Net Operating Income: $85,577
  • Gross Multiplier: 12.9
  • Cap Rate: 5.9
Expense Details
  • Operating Expense: $26,767
  • Fuel Expense: $0
  • Electric Expense: $2,532
  • Insurance Expense: $7,223
  • Maintenance Expense: $1,140
  • Professional Management Expense: $0
  • Trash Expense: $1,977
  • Water Sewer Expense: $1,977
  • Total Expenses: $14,851
Tax / Assessment Info
  • Tax Tract Number: 000
  • Tax Census Tract: 5777.00
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: Front or Back
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Unassigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Unassigned
Property / Structure Info
  • Builders Tract Name: Westside/North of Willow
  • Builders Tract Code: Westside/North of Willow (WNW)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,312
  • Unit Type Total Rent: $1,312
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 3374 Santa Fe Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3374 Santa Fe Avenue

Taxable ValueLand$530,223Additions$377,049Total$907,272
Tax Record2024$12,122 ($1,010 / month)
Home Facts
Total Finished SqFt3,520 SqFtAbove Grade Finished SqFt3,520 SqFtLot Size3,927 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLBR3TCountyLOS ANGELESAPN7312-001-053

Schools near 3374 Santa Fe Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Muir K-8
PublicK to 8

Cabrillo High School
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3374 Santa Fe Avenue is a mixed use property for sale in Long Beach, CA 90810. This property was listed for sale on August 20, 2024 by Circle Real Estate, it's currently listed at $1,449,999. It has been on the market for a total of 111 days and was last sold on May 6, 2015. This listing's school district is Long Beach Unified School District. Nearby schools include Muir K-8, Cabrillo High School and Clear Passage Educational Center. 3374 Santa Fe Avenue is a 12-bed, 6-bath, 3,520 sqft mixed use property built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Circle Real Estate, Moises Palomo, DRE #02230316

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.