3046 Santa Fe Avenue
Long Beach — 6 units / 3,520 sf building
Listing Agent: Rick Applebaum, Morgan Skenderian
Units
6
Building Size
3,338 sf
Lot Size
9,278 sf
Status
Sold
Listing Agent: Christopher Crosby, Buckingham Investments, Inc
Long Beach
About This Property
Back on market after buyer unable to perform. Prime investment opportunity for a savvy investor! The property is now priced under $225,000 per unit, situated on a tranquil cul-de-sac and within walking distance to Steven's Middle School. This meticulously maintained property offers four updated units, comprised of a diverse unit mix of (1) 3bd 1.5ba owners unit (1) 2bd 1.5 bath (3) 1bd 1ba and (1) studio. Recent upgrades include updated plumbing, electrical, water heater(s), wall heater(s), and interior renovations. The large driveway offers plenty of off street parking for the tenants. This excellent value-add opportunity boasts a huge upside in income potential. Additional income is available with a coin-operated laundry room with a $200 monthly revenue potential. Priced attractively under $225,000/ unit, this investment gem is a rare find in Long Beach. Don't miss out on the chance to secure a lucrative investment property with strong tenant demand and substantial income growth potential.
Unit Mix
Neighborhood
This property is located in Long Beach. Want to learn more about the area?
Explore CommunitiesSold For
$1,349,000
Listing Agent
Christopher Crosby
Buckingham Investments, Inc
Same vibe