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Listed by: Andrew McAllister (562) 528-8105 DRE #01946829 | eXp Realty of Greater L.A (888) 652-1314
$2,345,000
Monthly Est:$11,672
17 Beds
10 Baths
6,770sqft
1036 Saint Louis, Long Beach, CA 90804
$2,345,000
$11,672/moEst:
Get Pre-Approved
Mixed Use
Built in 1963
$-- HOA
6,501 sqft lot
$346/sq.ft
Description
$50,000 price reduction - now offered at a 6.40% current cap rate. 1036 Saint Louis Ave is a 9-unit Eastside Long Beach apartment property featuring an attractive large-unit mix of (1) 3BD/2BA, (6) 2BD/1BA, and (2) 1BD/1BA units. The asset offers strong in-place income with approximately 13% remaining rental upside and a projected 7.60% pro forma cap rate through continued interior renovations and garage income optimization. The property has benefited from approximately $129,000 in recent capital improvements, including a new 400A main electrical panel, partial main sewer line replacement, SB 721 balcony compliance/repairs, roof repairs, and three completed unit renovations. Additional features include 6 on-site garages, separately metered electric/gas, and landlord-paid water/sewer/trash. No local rent control; statewide AB 1482 applies.
- Houzeo last checked: 2 minutes ago
- Listing updated: September 29, 2026 at 3:27 pm
- Source: California Regional MLS-CA | MLS#: RS26052383
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
6,770 sqft
Lot Size
6,501 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
RS26052383
MLS Status
Active
Days on Market
232
Cumulative Days on Market
203
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 10
Interior
Cooling
None
Sewer
Public Sewer
Heating
Wall Furnace
Construction
Year Built
Year Built: 1963
Home type
Mixed Use
Roof
Mixed, Tar Gravel
Utilities & Energy
Water Source
Public
Parking Features
Assigned, Garage
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Pool Features
None
Fireplace Features
None
Laundry Features
Common Area
Other Features
Community Features
Curbs, Storm Drains, Street Lights, Sidewalks, Urban
Tenant Pays
Electricity, Gas
Subdivision Name
Eastside (es)
Price History
| Date | Event | Price |
|---|---|---|
06/17/2026 Source: | Price Decreased | $2,345,000 -1.05% $346/sqft |
05/14/2026 Source: | Price Decreased | $2,370,000 -1.04% $350/sqft |
03/10/2026 Source: | Price Increased | $2,395,000 +2.13% $354/sqft |
03/10/2026 Source: | Listed for Sale | $2,345,000 $346/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 05:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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