Back

1 of 19

2 of 19

3 of 19

4 of 19

5 of 19

6 of 19

7 of 19

8 of 19

9 of 19

10 of 19

11 of 19

12 of 19

13 of 19

14 of 19

15 of 19

16 of 19

17 of 19

18 of 19

19 of 19

1036 Saint Louis Ave
Long Beach, CA 90804 Eastside Long Beach

$2,395,000 USD

Apartments For Sale • 6,770 SF

Property Details

Property Type Apartments
Total Building Size 6,770 SF
Lot Size 0.15 AC
Building Class C
Year Built 1963
Cap Rate 6.23 %
Zoning LBR2N LBR2N

50 Transit Score

87 Walk Score

                
                    Highlights
                
                                $128,962.75 Spent on Capital Improvements 
                            
                                New 400 AMP Main Electrical Panel, SB 721 Balcony Compliance & Partial Main Sewer Line Replacement in 2025
                            
                                3 Out of  9 Units are Fully Renovated
                            
                                10.46 GRM & 6.23% Cap Rate
                            
                                13% Upside in Rents - Pro Forma 7.42% Cap Rate
                            
                                (6) On-Site Garages

Property Flyers

1036 Saint Louis Ave-OM

Financial Summary (Actual)

Net Operating Income: $149,123 USD (2025)

Cap Rate:	6.23 %
Total Expenses:	$73,250 USD

Amenities

Balcony

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	8 min	-	3.3 mi
John Wayne/Orange County	30 min	-	20.1 mi
Los Angeles International	33 min	-	22.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	Surface
Included in Rent:	Yes

Drew McAllister 925-683-9203 NRE Commercial

1036 Saint Louis Ave Long Beach, CA 90804 Eastside Long Beach