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3042 Santa Fe AVE Long Beach, CA 90810
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Key Details
Sold Price $1,255,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,640 sqft
Price per Sqft $270
MLS Listing ID 22182385
Bedrooms 15
Year Built 1959
Lot Size 5,013 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 11 - Westside
Zoning LBCNA
Interior
Heating Natural Gas
Cooling None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Cody Charnell • Buckingham Investments