1036 Saint Louis Long Beach, CA $ 2,395,000
1036 Saint Louis
$ 2,395,000
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1036 Saint Louis

Long Beach, CA, 90804
$ 2,395,000
Baths1.0 Sq 6,770

Monthly Estimate*

$ 14,746

Listed by eXp Realty of Greater L.A
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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,395,000 with 1 full bath. This 6,770 square foot home was built in 1963 on a lot size of 0.1492.

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).

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Multi-Family Active

Price

$ 2,395,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1492

Year Built

1963

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

RS26052383

Days on Market

9

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Mixed Tar/Gravel
HOA Fee 0
Garage Spaces 6
Pool Features None
Year Built 1963
Tenant Pays Electricity Gas
Property Subtype Mixed Use
Gross Income 229001
Community Features Curbs Storm Drain(s) Street Lights Sidewalks Urban
County Los Angeles
Net Operating Income 149123
Operating Expense 73250
Insurance Expense 7200
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 6750
Subdivision Name Eastside (ES)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 10th Street & Saint Louis Avd
City Long Beach
Entry Location Ground
Senior Community Y/N false
Number Of Units Total 9
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 6501
Number of Units Leased 9
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 792
Fuel Expense 2073
Trash Expense 3176
Water Sewer Expense 4954
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Total Actual Rent 18410
Property Sub Type Additional Mixed Use
Taxes 32131
Cap Rate 6.23
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Interior
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Assigned Garage
Water Source Public
Total Parking 6
Lot Size Area 6501
Number of Buildings 1
Building Area Total 6770
Lot Size Acres 0.1492
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 10
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* Excluded Features
List By
Exp Realty Of Greater L.A

Broker

drew@nrecommercial.com

Email

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Monthly Principal & Interest
$14,746
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$2,395,000 Listed Price

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1036 Saint Louis, Long Beach, CA, 90804 is a Multi-Family Home for sale at $2,395,000 with 6,770 sqft and a lot size of 0.1492. 1036 Saint Louis is a studio with 1.0 baths and was built in 1963. The property's zip code is 90804 which is in Long Beach, CA