1036 Saint Louis, Long Beach, CA — listing photo 1
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FOR SALE

1036 Saint Louis

Long Beach, CA 90804
6,501 Lot Sq Ft
Built 1963
$2,345,000
Price ReducedWas $2,395,000 — $2,345,000 (-$50,000)

Property Overview

$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.

Home Details

Property type
Residential Income - Mixed Use
Year built
1963
Lot size
6,501 sq ft
Parking
6 spaces
Garage
6 spaces
Stories
2
Days on market
203
MLS status
Active

Features & Amenities

Parking

  • Assigned
  • Garage

Pool

  • None

Community, Schools & Utilities

Community

Subdivision
Eastside (ES)

Utilities

Heating
WallFurnace
Cooling
None
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1036 Saint Louis

Long Beach, CA 90804

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Frequently Asked Questions About 1036 Saint Louis

Property type: Residential Income

The current asking price is $2,345,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1036 Saint Louis. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1963. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 203 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Andrew McAllister
MLS ID: RSMCALAND

Available property

$2,345,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.