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$2,395,000
12 Days On Site
1036 Saint LouisLong Beach, CA 90804
For Sale|Mixed Use|Active
0
Beds
0
Total Baths
6,770
SqFt
$354
/SqFt
1963
Built
Subdivision:
Eastside (ES)
County:
Los Angeles
Listed by Andrew McAllister of eXp Realty of Greater L.A [email protected]
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9-unit apartment complex in Eastside Long Beach with an exceptional large-unit mix: (1) 3BD/2BA, (6) 2BD/1BA, (2) 1BD/1BA. Strong in-place income with upside through continued unit renovations (3 of 9 units already remodeled). $129,000 in capital improvements including new 400A main electrical panel (2025), partial main sewer line replacement (2025), SB 721 balcony compliance/repairs (2025), and roof repairs (2024). 6 garages, separately metered electric/gas, owner pays water/sewer/trash. Offered at a 6.23% cap / 10.46 GRM with projected 7.26% cap at market. Not subject to local rent control (AB 1482 applies).
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Listing Snapshot
Price
$2,395,000
Days On Site
12 Days
Bedrooms
N/A
Inside Area (SqFt)
6,770 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1492 Acres
Year Built
1963
MLS® Number
RS26052383
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing first seen on site | |
| 2 weeks ago | Listing updated with changes from the MLS® |
General Features
Acres
0.1492
Garage
Yes
Garage Spaces
6
Land Lease
No
Number Of Stories
2
Parking
AssignedGarage
Parking Spaces
6
Property Sub Type
Mixed Use
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
6770
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source
Public
Interior Features
Fireplace Features
None
Heating
Wall Furnace
Laundry Features
Common Area
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Exterior Features
Pool Features
None
Roof
MixedTar/Gravel
Community Features
Building Access
Ground
Community Features
CurbsStreet LightsSidewalks
Financing Terms Available
CashConventional
MLS Area
3 - Eastside, Circle Area
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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