Mixed-Use Mini Market and
3356 Santa Fe Long Beach, CA 90810
3356 Santa Fe, Long Beach, CA, 90810
$849,000
For Sale
$849,000
Operating mini market with an apartment above, with rear parking for four vehicles and street parking available.
Property Size2,414 SF
Price / SF$351.70
Days on Market195
Property Features for 3356 Santa Fe
General Information
- Standard status
- Active
- Size
- 2,414 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1928
Listing agency
ANN HERR
(949) 307-2079
Listed by
Ann Herr
Source
Xome
Added: Jan 8 Updated: Jul 21 at 7:09PM Checked: Jul 21 at 7:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ANN HERR
Investment Insights
Based on property information with market context.
This mixed-use building includes an operating mini market with residential space upstairs. The property is currently serving the local community and includes a beer and wine license, with the mini market accepting EBT. The business may be purchased as part of the sale and left in place if the buyer prefers to continue operating it.
Parking is available in the rear of the building for up to four vehicles, along with street parking.
Upstairs features updated living quarters described as offering a nice-sized arrangement.
Parking is available in the rear of the building for up to four vehicles, along with street parking.
Upstairs features updated living quarters described as offering a nice-sized arrangement.
Key Highlights
- Mixed‑use property with an operating mini market and an apartment above
- Beer and wine license included; mini market accepts EBT
- Rear parking available for up to 4 vehicles, plus street parking
Local Financial Insights For Apartment 5plus
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 | $88.4k | $36.60 |
| − Vacancy | −$4.4k | −$1.83 |
| EGI | $83.9k | $34.77 |
| − OpEx | −$37.8k | −$15.65 |
| NOI | $46.2k | $19.12 |
2,414 SF · lease $36.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$659.5K
$577.1K – $769.4K
NOI $46,164 @ 7.0% cap · market cap 5.44%
Second Best
Specialty Retail
$648.7K
$567.6K – $756.8K
NOI $45,407 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,471 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
BTM Machines Bitcoin ...
Crypto Atm
Royal Market
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- Villa Market — 2990 Santa Fe Ave, Long Beach, CA 90810
FAQs
What type of property is this?
Grocery and convenience store - Operating mini market with an apartment above, with rear parking for four vehicles and street parking available.
Where is this grocery and convenience store located?
The property is located at 3356 Santa Fe Long Beach, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Mixed‑use property with an operating mini market and an apartment above; Beer and wine license included; mini market accepts EBT; Rear parking available for up to 4 vehicles, plus street parking
