1036 Saint Louis, Long Beach, CA 90804

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1036 Saint Louis,Long Beach, CA 90804
$2,345,000
  • - Beds
  • - Baths
  • 6,770 sq. ft.
  • Multi-family
  • Active
Listed by: andrew mcallister
Office: exp realty of greater l.a888-652-1314
MLS#:RS26052383
Source:CRMLS

Price summary

  • Price:$2,345,000
  • Price per sq. ft.:$346.38

About this home

$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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Home facts

  • Year built:1963
  • Listing ID #:RS26052383
  • Added:110 day(s) ago
  • Updated:June 29, 2026 at 01:44 PM

Rooms and interior

  • Living area:6,770 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Roof:Mixed, Tar Gravel
  • Year built:1963
  • Building area:6,770 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,345,000
  • Price per sq. ft.:$346.38

Features and amenities

  • Laundry features:Common Area

Parking

  • Total parking spaces:6
  • Parking description:Assigned, Garage
  • Garage:Yes
  • Garage spaces:6
Based on information from California Regional Multiple Listing Service, Inc. as of June 29, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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