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1036 Saint Louis

Long Beach, CA 90804
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Bed 0

Bed

Bath 0

Bath

SqFt6,770

Sqft

SqFt6,501

Sqft(Lot)

$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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,345,000

AD Id : 76039463

MLS Id : RS26052383

Lot Size : 6,501 Sqft

Living Area Size : 6,770

Year Built : 1963

Garage : 6

County : Los Angeles

Subdivision: Fallbrook

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Feature Features

  • Interior Features

    Roof: Mixed, Tar/Gravel
    Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Cooling: None

  • Building Information

    Year Built: 1963
    Building Area Total: 6770
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6501 Lot Size Acres: 0.1492 Lot Size Source: Assessor Lot Size Square Feet: 6,501

    Property Information

    Subdivision: Eastside (ES) Source Property Type: Residential Income Property SubType: Mixed Use Property Age: 63

  • Listing Price Information

    Listing Price: $2345000
    Original Price: $2395000
    Cash, Cash to New Loan, Conventional

  • Tax Information

    Parcel Number: 7262007010 Tax Lot: 8

  • Parking Information

    Parking Total: 6 Assigned, Garage

    Garage Information

    Has Garage: Yes Garage Space: 6

  • Utility Information

    Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: 10th Street & Saint Louis Avd WaterSource: Public
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Nearby Home Value

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4322 E Ransom, Long Beach, CA, 90804 $949,000 4 2 1,832 6,421 Sqft
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1335 Termino Avenue, Long Beach, CA, 90804 $480,000 2 1 512 2,516 Sqft
1345 Termino, Long Beach, CA, 90804 $850,000 2 1 596 2,501 Sqft
810 Belmont Avenue, Long Beach, CA, 90804 $1,995,000 10 7 -- 5,852 Sqft
927 Belmont Avenue, Long Beach, CA, 90804 $2,000,000 3 2 -- 0.13 Acre

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/14/2026 @ 19:13

MLS: RS26052383 LISTED BY: Andrew McAllister, eXp Realty of Greater L.A 888-652-1314 SOURCE: CRMLS

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