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1036 Saint Louis, Long Beach, CA 90804
Priced at Only: $2,395,000
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Address: 1036 Saint Louis, Long Beach, CA 90804
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  • MLS#: RS26052383 ( Commercial/Residential )
  • Street Address: 1036 Saint Louis
  • Viewed: 13
  • Price: $2,395,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 51
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90804
  • Subdivision: Eastside (es)
  • Provided by: eXp Realty of Greater L.A
  • Contact: Andrew Andrew
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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).
Features
Assessments
  1. Special Assessments
  2. Buyer to Verify
Association Fee
  1. 0.00
Building Area Total
  1. 6770.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. None
Country
  1. US
Days On Market
  1. 40
Electric Expense
  1. 792.00
Entry Location
  1. Ground
Fireplace Features
  1. None
Fuel Expense
  1. 2073.00
Garage Rental Rate
  1. 150.00
Garage Spaces
  1. 6.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 7200.00
Laundry Features
  1. Common Area
Laundry Income
  1. 96.00
Lockboxtype
  1. None
Lot Features
  1. Lot 6500-9999
Netoperatingincome
  1. 149123.00
Newtaxesexpense
  1. 32131.00
Number Of Separate Electric Meters
  1. 10
Otherexpense
  1. 2250.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 7262007010
Parking Features
  1. Garage
  2. Assigned
Pest Control Expense
  1. 480.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 11132.00
Property Type
  1. Commercial/Residential
Roof
  1. Mixed
  2. Tar/Gravel
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 458220545:CRM
Subdivision Name Other
  1. Eastside (ES)
Taxarea
  1. 5500
Tenant Pays
  1. Gas
  2. Electricity
Totalactualrent
  1. 18410.00
Totalexpenses
  1. 73254.00
Trash Expense
  1. 3176.00
Utilities
  1. Natural Gas Connected
  2. Sewer Connected
  3. Cable Connected
  4. Electricity Connected
  5. Water Connected
Vacancyallowance
  1. 6628
Views
  1. 13
Water Sewer Expense
  1. 4954.00
Water Source
  1. Public
Year Built
  1. 1963
Year Built Source
  1. Assessor
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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