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1036 Saint Louis, Long Beach, CA 90804
1036 Saint Louis
Overview
Property ID: HZRS26052383
- MixedUse
- 6
- 1963
Description
$25,000 Price Reduction! 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 6.32% cap / 10.34 GRM with projected 7.51% cap at market. Not subject to local rent control (AB 1482 applies).
Address
Open on Google Maps- Address Saint Louis
- City Long Beach
- State/county Los Angeles
- Zip/Postal Code 90804
Details
Updated on May 14, 2026 at 4:06 pm- Property ID: HZRS26052383
- Price: $2,370,000
- Garages: 6
- Year Built: 1963
- Property Type: MixedUse
- Property Status: ResidentialIncome
- Listed by: Andrew McAllister
- DRE #: 01946829
- Contact Mail: drew@nrecommercial.com
- Brokered by: eXp Realty of Greater L.A
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