$799,000
1208 N Saint Marys Court, Long Beach CA 90813
Multi-Family (Fourplex)
Property type
33 days
On market
$373
Price per sqft
0 cars
Garage
1923
Year built
3,242 sqft
Lot size
Home highlights
Open Houses
Overview
Excellent opportunity to acquire a value-add four-unit investment property in the highly desirable Downtown Long Beach submarket. This multi-unit asset offers strong in-place income with significant upside potential through renovation and rental repositioning. The property is currently generating approximately $58,500 in annual gross income, reflecting a current Gross Rent...
Listing provided by: Erik Kaiser DRE #01111620 949-244-8394, RE/MAX TerraSol
Listing updated: May 18, 2026 at 04:28pm.
Last checked: Jun 5, 2026 at 11:00am
Source: CRMLS #OC26095441
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $1,300 | $1,300 | $2,000 | Unfurnished |
| 1 | 0 | 1 | — | $1,050 | $1,050 | $1,200 | Unfurnished |
| 1 | 0 | 1 | — | $1,050 | $1,050 | $1,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,325 | $1,325 | $1,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Ranges: 4
Rent Control: Yes
Units Leased: 3
Total Actual Rent: $4,875
Tenant Pays: None
Financial Snapshot
Gross Rent Multiplier
13.7x
List Price / Annual Gross Rent
Cap Rate
6.24%
NOI / List Price
Gross Scheduled Income: $58,500
Vacancy Allowance Rate: 0%
Operating Expense: $8,600
Net Operating Income: $40,000
Annual Operating Expenses
Cable TV: $0
Electric: $3,000
Furniture Replacement: $0
Gardener: $0
Fuel: $0
Insurance: $1,500
Licenses: $0
Maintenance: $0
New Taxes: $0
Pest Control: $0
Pool: $0
Professional Management: $0
Supplies: $0
Trash: $1,100
Water / Sewer: $3,100
Workers Comp: $0
Interior
Room Type: Kitchen
Flooring: Laminate
Cooling: None
Heating: Wall Furnace
Appliances: Gas Range, Gas Water Heater, Water Heater
Fireplace: None
Laundry: Outside
Accessibility: None
Entry Location: 1
Exterior
Architectural Style: Mediterranean
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Flat
Construction Materials: Frame, Stucco
Common Walls: Two Common Walls Or More
Lot Features: Corner Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Concrete
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7274001033
Additional Parcels: No
Tax Lot: 24
Tax Block: 4
Subdivision: Saint Mary's Hospital Area
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 1208 N Saint Marys Court, Long Beach, CA 90813. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$639,200
Total Interest
$815,264
Total Payment
$1,454,464
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,022
per month
Property History for 1208 N Saint Marys Court
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90813.
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