For Sale
$2,345,000
1036 Saint Louis
Long Beach, CA 90804
- 6,501 sq ft lot
- Built 1963
Listed by: eXp Realty of Greater L.A · 925-683-9203
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.
Home details
Interior
- Laundry
- Common Area
- Fireplace
- None
- Cooling
- None
- Heating
- Wall Furnace
Exterior & lot
- Lot size
- 6,501 sq ft (0.15 acres)
- Lot features
- Lot 6500-9999
- Pool
- None
- Garage spaces
- 6
- Parking
- Garage, Assigned
- Common walls
- No Common Walls
Property & community
- Property type
- Commercial/Residential
- Year built
- 1963
- Community
- Curbs, Street Lights, Urban, Storm Drains, Sidewalks
- County
- Los Angeles
- MLS #
- RS26052383
- Listed
- Mar 10, 2026
Location
Listed by: eXp Realty of Greater L.A · 925-683-9203
Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.
Listing data last updated Oct 16, 2026 3:30 am.
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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.