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    Mixed-Use Retail and Residential Property Title is generated by Realmo AI

    2171 Santa Fe, Long Beach, CA 90810

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    For Sale
    $1,100,000

    Commercial Sale - Long Beach, CA

    Property size:
    3,200 SF
    Price / SF:
    $343/SF
    Added:
    Jun 1, 2026
    Days on Market:
    27
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 2171 Santa Fe

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    7402015002
    Size
    3,200 SF

    Building Details

    Year built
    1958
    Architectural style
    Other

    We can help!

    Contact an agent
    David Gomez

    Listing agent David Gomez License #01805497

    Listing office Realty Executives Com. & Res. 8556 Florence Ave Suite B, CA

    Listing date Jun 1, 2026

    MLS# DW26118526 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1958‑built mixed‑use property with 2 residential units and 2 commercial storefronts
    • Included mini market business with a commercial storefront on the property
    • Three of four units currently occupied, with one commercial space available
    • Rear parking with alley access
    • Strong street visibility and located in a high‑traffic Long Beach area

    Overview

    This well-maintained mixed-use property includes two residential units and two commercial storefronts. One storefront operates as an included mini market, which can be continued as-is or potentially repositioned to another retail or service use, subject to buyer verification and applicable local regulations. Overall, three units are currently occupied, and one commercial space is available as an additional source of income.

    The property offers rear parking with alley access, along with strong street visibility for the commercial components. The building is located near schools, parks, and neighborhood amenities, supporting convenient day-to-day access for residents and customers.

    For investors or an owner-user, the mix of residential income and retail storefront revenue provides flexibility in how the commercial space is utilized. With an operating mini market included in the sale and a second storefront available for occupancy, the property supports multiple income streams while offering a straightforward platform for managing both residential and neighborhood-serving retail uses.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $103.7k $32.40
    − Vacancy −$5.4k −$1.68
    EGI $98.3k $30.72
    − OpEx −$29.5k −$9.21
    NOI $68.8k $21.50
    3,200 SF · lease $32.40/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $982.9K
    $860.0K – $1.15M (±1% cap)
    NOI $68,802 @ 7.0% cap · market cap 6.25%
    Second Best
    Apartment 5plus
    $874.2K
    $764.9K – $1.02M (±1% cap)
    NOI $61,195 @ 7.0% cap · market cap 5.56%
    Theoretical Best
    Office A
    $1.71M
    $1.50M – $2.00M (±1% cap)
    NOI $119,929 @ 7.0% cap · market cap 10.90%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.215788
    Latitude
    33.7968719

    FAQs

    What type of property is this?
    Mixed-use property - Well-maintained mixed-use building with an included mini market, two storefronts, and two residential units with rear parking and alley access.
    Where is this mixed-use property located?
    The property is located at 2171 Santa Fe Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 1958‑built mixed‑use property with 2 residential units and 2 commercial storefronts; Included mini market business with a commercial storefront on the property; Three of four units currently occupied, with one commercial space available
    More about this property
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