$ 2,395,000
-
$2,395,000
Price -
17
Bed -
10
Bath -
6,770
SqFt
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About the Listing REX5 - RSMCALAND
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).
Listing Highlights
Status
Active
Days on Site
23
Property Type
Multi-Family
MLS ®
RS26052383
Year Built
1963
Total Square Footage
6,770
Lot/Acreage
0.15
Interior Details
- Bedrooms: 17
- Bathrooms: 10 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 6 car
- Parking Spaces: 6
- Roof: Mixed,Tar/Gravel
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7262007010
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1036 Saint Louis Long Beach, CA 90804
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