1036 Saint Louis
Long Beach, CA 90804
0
Bed
0
Bath
6,770Sqft
6,501Sqft(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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Mixed, Tar/GravelLaundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Wall Furnace Cooling: None
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Building Information
Year Built: 1963Building Area Total: 6770Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6501 Lot Size Acres: 0.1492 Lot Size Source: Assessor Lot Size Square Feet: 6,501Property Information
Subdivision: Eastside (ES) Source Property Type: Residential Income Property SubType: Mixed Use Property Age: 63
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Listing Price Information
Listing Price: $2345000Original Price: $2395000Cash, Cash to New Loan, Conventional
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Tax Information
Parcel Number: 7262007010 Tax Lot: 8
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Virtual Tour
Parking Information
Parking Total: 6 Assigned, GarageGarage Information
Has Garage: Yes Garage Space: 6
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Utility Information
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected -
Location Information
Direction: 10th Street & Saint Louis Avd WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 764 Terraine Avenue, Long Beach, CA, 90804 | $1,600,000 | 5 | 3 | 2,914 | 2,914 SqFt |
| 1350 Quincy Avenue, Long Beach, CA, 90804 | $1,030,000 | 3 | 1 | 1,218 | 1,218 SqFt |
| 1203 Ximeno, Long Beach, CA, 90804 | $2,745,000 | -- | -- | 5,700 | 5,700 SqFt |
| 1345 Termino, Long Beach, CA, 90804 | $850,000 | 2 | 1 | 596 | 596 SqFt |
| 810 Belmont Avenue, Long Beach, CA, 90804 | $1,995,000 | 10 | 7 | -- | |
| 927 Belmont Avenue, Long Beach, CA, 90804 | $2,000,000 | 3 | 2 | -- | |
| 1062 Termino Avenue, Long Beach, CA, 90804 | $1,150,000 | 6 | 5 | -- | |
| 4037 E 7th Street, Long Beach, CA, 90804 | $779,000 | 2 | 1 | 832 | 832 SqFt |
| 1652 Loma Avenue, Long Beach, CA, 90804 | $749,000 | 2 | 1 | 960 | 960 SqFt |
| 3301 Terrace Ridge, Long Beach, CA, 90804 | $1,149,999 | 4 | 3 | 2,301 | 2,301 SqFt |
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ByOwner last updated this listing 07/25/2026 @ 02:39
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