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.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-14T00:28:39.137. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.