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    3338 Santa Fe Ave Long Beach, CA 90810

    For Sale
    $400,000

    Retail building near 405 freeway with high traffic.

    Lot size:
    0.06 Acres

    Property Features for 3338 Santa Fe Ave

    General Information

    Lot size
    0.06 Acres

    Source: Premiere Estates International Real Estate Agent Todd Wohl

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building on Santa Fe

    This freestanding retail building is located on Santa Fe Avenue, in close proximity to the 405 freeway. The surrounding area is a highly dense residential area with substantial traffic. The property is conveyed with an existing tenant. Note that the adjacent parking lot is owned by another party and is not included in the sale of the building. The trustee has been advised that the owner of the parking lot passed away, with no obvious heirs. The landlord appears to have originally granted parking privileges in the parking lot in the lease, but the Trustee has no evidence that the landlord had any agreement with the owner of that property. The sale of the building does not include any personal property (laundry equipment). The Trustee states the lease in place is unenforceable as it includes parking lot rights despite the Trustee not having clear title to the parking lot. The property is sold in as is condition, and the seller will not make any repairs. A trust sale addendum must be executed with offer submission by the buyer.
    Insight Report Location Intelligence

    Current Use by Public Records

    Coin Laundry Laundromat

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness Grocery Store

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

    Similar Places Nearby

    SameDay-FlowerDelivery, Bonita Nursery & Florists

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.215129
    Latitude
    33.8178348

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    FAQs

    What type of property is this?
    Storefront property - Retail building near 405 freeway with high traffic.
    Where is this storefront property located?
    The property is located at 3338 Santa Fe Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Located on Santa Fe Ave close to the 405 freeway.; - Substantial traffic count.; - Highly dense residential area.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3338 Santa Fe Ave Long Beach, CA 90810
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