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.
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Property Analytics
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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
