Mixed-Use Building with
For Sale
$699,000
3356 Santa Fe, Long Beach, CA 90810
A street-level mini market operates beneath an updated apartment, with tandem parking behind the building.
Property Size2,414 SF
Price / SF$289.56
Days on Market86
Property Features for 3356 Santa Fe
General Information
Standard status
Active
Size
2,414 SF
Total Parking Spaces
6
Property subtype
Mixed Use
Site & Location
Neighborhood
Arlington
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Multifamily Units
1
Building Details
Building Size
2,414 SF
Year Built
1928
Buildings
1
Listing Agency:
Ann Herr
Listed By:
Ann Herr · License #02020548
(949) 307-2079
Source:
Laroccarealestate
Added: Aug 3
Changed: Oct 26
Last Checked: Oct 26 at 2:40PM
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
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Investment Insights
Based on property information with market context.
This 2,414-square-foot mixed-use building pairs a street-level retail store with an updated apartment on the upper floor. The ground-floor business is operating as a mini market that sells beer and wine. Built in 1928, the property combines commercial space and residential use within one building.
A rear parking area accommodates up to 6 cars in tandem configuration. The property is located at 3356 Santa Fe in Long Beach, California.
A rear parking area accommodates up to 6 cars in tandem configuration. The property is located at 3356 Santa Fe in Long Beach, California.
Key Highlights
- 2,414 square feet of mixed‑use space
- Operating mini market with beer and wine sales on the ground floor
- Updated apartment on the upper floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,407
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,140
$908.1K
Cap Rate 7%
$648,671
$648.7K
Cap Rate 9%
$504,522
$504.5K
Market Conditions
NOI Build-Up for 2,414 SF
Gross rent
$63.7K $26.40/SF
− Vacancy
−$3.2K −$1.32/SF
EGI
$60.5K $25.08/SF
− OpEx
−$15.1K −$6.27/SF
NOI
$45.4K $18.81/SF
Area
Long Beach, CA
Vacancy
5.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$908,140
Cap Rate 7%
$648,671
Cap Rate 9%
$504,522
Alternative Uses
Best Use
Specialty Retail
$648.7K
$567.6K – $756.8K
NOI $45,407 @ 7.0% cap · market cap 6.50%
Second Best
Mixed Use
$601.3K
$526.2K – $701.6K
NOI $42,094 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,471 @ 7.0% cap · market cap 12.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Chevron
Shops & Services
14,701 visits/mo
0.5 miles
Demographics for 90810, CA
38,529
Population
10,294
Households
3.7
Avg Household Size
37
Median Age
21%
College-Educated
76%
High-School Grad
6.5 sq mi
ZIP Area
5,928
Density / Sq Mi
$82,222
Median Household Income
$39,397
Median Earnings
$1,554
Median Rent
$594,200
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-level mini market operates beneath an updated apartment, with tandem parking behind the building.
Where is this mixed-use property located?
The property is located at 3356 Santa Fe Long Beach, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,414 square feet of mixed‑use space; Operating mini market with beer and wine sales on the ground floor; Updated apartment on the upper floor
