For sale

Listed by: eXp Realty of Greater L.A • Andrew McAllister • Contact: 925-683-9203

Price cut: $25K (6/17)

$2,345,000

1036 Saint Louis Ave, Long Beach, CA 90804

17beds

10baths

6,770sqft

$15,896/mo

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Mixed Use

Built in 1963

-- sqft lot

$2,296,400 Zestimate^®

$346/sqft

$-- HOA

What's special

$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.

145 days

48

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 17
Bathrooms: 10

Heating

Wall Furnace

Cooling

None

Appliances

Laundry: Common Area

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 6,770
Total interior livable area: 6,770 sqft

Property

Parking

Total spaces: 6
Parking features: Assigned, Garage
Garage spaces: 6

Features

Entry location: Ground
Pool features: None

Lot

Size: 6,501 Square Feet

Details

Parcel number: 7262007010
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use

Materials

Roof: Mixed,Tar/Gravel

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Subdivision: Eastside (Es)

Location

Region: Long Beach

Financial & listing details

Price per square foot: $346/sqft
Date on market: 3/10/2026
Cumulative days on market: 146 days
Listing terms: Cash,Cash to New Loan,Conventional
Total actual rent: 18410
Tenant pays: Electricity, Gas

Estimated market value

$2,296,400

$2.18M - $2.41M

$2,486/mo

Price history

Date	Event	Price
6/17/2026	Price change	$2,345,000-1.1%$346/sqft
Source: CRMLS #RS26052383 Report a problem
5/14/2026	Price change	$2,370,000-1%$350/sqft
Source: CRMLS #RS26052383 Report a problem
3/10/2026	Price change	$2,395,000+1.5%$354/sqft
Source: CRMLS #RS26052383 Report a problem
7/10/2021	Pending sale	$2,359,999$349/sqft
Source: CRMLS #PW21086655 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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