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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
17 Beds
10 Baths
--sqft
1036 Saint Louis, Long Beach, CA 90804
$2,345,000
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Mixed Use
Built in 1963
$-- HOA
6,501 sqft lot
--/sqft
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 renovatio...
Continue Reading- Houzeo last checked: 49 minutes ago
- Listing updated: June 17, 2026 at 2:47 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
- sqft
Lot Size
6,501 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
RS26052383
MLS Status
Active
Days on Market
133
Cumulative Days on Market
99
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