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1036 Saint Louis , Long Beach, CA 90804
$2,345,000
Est. Payment: $12,420.66/mo
17 Bed
10 Bath
6770 Sqft
Status: Active | Days on site: 99
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REX5 - RSMCALAND
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Chris Heller
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House Description

$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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Highlights

Listed by Andrew McAllister , 562-528-8105 eXp Realty of Greater L.A , 888-652-1314. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.15

Year Built

1963

County

Los Angeles

Area

3 - Eastside, Circle Area

 Neighborhood

Eastside (ES)

Listing ID

RS26052383

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:17
  • ▪ Bathrooms:10
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:6
Roof:Mixed,Tar/Gravel
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Garage
Principal Interest
$12,421
Taxes
$1,495

Home Price

$2,345,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$469,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,420.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,420.66 $1,494.94 $0.00 $13,915.60
Yearly $149,047.89 $17,939.25 $0.00 $166,987.14
Total $4,471,436.72 $538,177.50 $0.00 $5,009,614.22

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T09:06:11.000Z

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