$2,370,000
-$25,0001036 Saint Louis, Long Beach CA 90804
Multi-Family (9 Units)
Property type
87 days
On market
$350
Price per sqft
6 cars
Garage
1963
Year built
6,501 sqft
Lot size
Home highlights
Open Houses
Overview
$25,000 Price Reduction! 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),...
Listing provided by: Andrew McAllister DRE #01946829 562-528-8105, eXp Realty of Greater L.A
Listing updated: May 14, 2026 at 02:18pm.
Last checked: Jun 4, 2026 at 05:00am
Source: CRMLS #RS26052383
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,750 | $1,750 | $1,795 | Unfurnished |
| 1 | 1 | 1 | — | $1,695 | $1,695 | $1,795 | Unfurnished |
| 1 | 2 | 1 | — | $1,995 | $1,995 | $2,295 | Unfurnished |
| 1 | 2 | 1 | — | $1,995 | $1,995 | $2,295 | Unfurnished |
| 1 | 2 | 1 | — | $2,095 | $1,995 | $2,295 | Unfurnished |
| 1 | 2 | 1 | — | $1,995 | $1,995 | $2,295 | Unfurnished |
| 1 | 2 | 1 | — | $1,995 | $1,995 | $2,295 | Unfurnished |
| 1 | 2 | 1 | — | $1,995 | $1,995 | $2,295 | Unfurnished |
| 1 | 3 | 2 | — | $2,895 | $2,895 | $3,295 | Unfurnished |
# of Buildings: 1
# of Units Total: 9
Separate Electric Meters: 10
Separate Gas Meters: 9
Separate Water Meters: 1
Rent Control: No
Units Leased: 9
Total Actual Rent: $18,410
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
10.3x
List Price / Annual Gross Rent
Cap Rate
6.32%
NOI / List Price
Gross Scheduled Income: $229,247
Vacancy Allowance: $6,628
Vacancy Allowance Rate: 3%
Operating Expense: $72,947
Net Operating Income: $149,699
Annual Operating Expenses
Electric: $792
Fuel: $2,073
Insurance: $7,200
Maintenance: $6,750
New Taxes: $31,813
Pest Control: $480
Professional Management: $11,132
Trash: $3,176
Water / Sewer: $4,954
Other Expense: $2,250
Interior
Cooling: None
Heating: Wall Furnace
Fireplace: None
Laundry: Common Area
Entry Location: Ground
Exterior
Property Attached: No
Stories Total: 2
Roof: Mixed, Tar Gravel
Common Walls: No Common Walls
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage and Parking
Parking: Assigned, Garage
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7262007010
Additional Parcels: No
Tax Lot: 8
Subdivision: Eastside (ES)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Storm Drains, Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 1036 Saint Louis, Long Beach, CA 90804. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,896,000
Total Interest
$2,418,244
Total Payment
$4,314,244
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,603
per month
Property History for 1036 Saint Louis
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90804.
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