1036 Saint Louis, Long Beach, CA 90804
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1036 Saint Louis, Long Beach, CA 90804
1036 Saint Louis, Long Beach, CA 90804
1036 Saint Louis, Long Beach, CA 90804
1036 Saint Louis, Long Beach, CA 90804
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Erica Valdez

Erica Valdez

+1(562) 221-7800
$ 2,395,000
Est. payment /mo
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Active

1036 Saint Louis Long Beach, CA 90804

6,499 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID RS26052383

HOA Y/N No

Year Built 1963

Lot Size 6,499 Sqft

Property Sub-Type Mixed Use

Property Description

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).

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Garage

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Mixed,Tar/Gravel

Total Parking Spaces 6

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7262007010

Energy Description 2073.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Andrew McAllister eXp Realty of Greater L.A 925-683-9203, DRE #01946829

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Erica Valdez

+1(562) 221-7800

erica@valdezhomes.net

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1036 Saint Louis