536 Saint Louis Avenue Long Beach, CA $ 2,295,000
536 Saint Louis Avenue
$ 2,295,000
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536 Saint Louis Avenue

Long Beach, CA, 90814
$ 2,295,000
Bedrooms17 Baths2.0 Sq 6,198

Monthly Estimate*

$ 16,031

Listed by Marcus & Millichap RE Invest
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 1
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 2
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 3
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 4
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 5
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 6
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 7
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 8
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 9
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 10
536 Saint Louis Avenue, Long Beach, CA 90814 - Image 11

Multi-Family Home for sale in Long Beach, CA

for $2,295,000 with 17 bedrooms and 2 full baths. This 6,198 square foot home was built in 1963 on a lot size of 0.14.

536 Saint Louis Avenue is an 8-unit multifamily investment opportunity located in Long Beach, CA. 536 Saint Louis Avenue offers a desirable mix of two and three-bedroom layouts with amenities including gated and secured access, garage and surface parking, and an on-site laundry facility. This property rests on the border of Alamitos Beach, one of Long Beach’s earliest coastal neighborhood developments. At the end of the block is 4th Street’s Retro Row where residents enjoy the vibrancy of independent and vintage shops, entertainment, the Art Theatre and restaurants. Additionally, 536 Saint Louis Avenue’s central location, within two miles of Downtown Long Beach, Alamitos Beach, and Belmont Shore, provides an attractive amenity for renters looking for convenient access to Long Beach’s top destinations. 536 Saint Louis Avenue has undergone significant upgrades to its major systems such as upgraded plumbing, newer roof, new hot water heater and upgraded dual-pane windows to several of the units. Select units contain upgraded quartz or granite counter tops, tile flooring, and more. Ownership will have all electrical panels upgraded by close of escrow.

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Multi-Family Active

Price

$ 2,295,000

Bedrooms

17

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.14

Year Built

1963

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC24010357

Days on Market

118

Features
General
Sewer PublicSewer
Zoning LBR1N
HOA 0.0
Garage Spaces 4.0
Pool Features None
Year Built 1963
Property SubType Apartment
Gross Income 212475.0
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 142054.0
Operating Expense 64120.0
Insurance Expense 6000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Eastside (ES)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Cross Streets: Cherry Ave / E 7th Street
City Long Beach
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 4.0
Total Units 8
MLS Area 3 - Eastside Circle Area
Lot Size Square Feet 6098.4
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Saint Louis
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 1638.5
Home Warranty Y/N N
Fuel Expense 1638.5
Trash Expense 1638.5
Water Sewer Expense 1638.5
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 104
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Property Sub Type Additional Apartment
Taxes 28556.0
Cap Rate 6.19
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Exterior
Lot Features Landscaped
Water Source Public
Total Parking 8.0
Lot Size Area 0.14
Number of Buildings 1
Spa N
Building Area Total 6198.0
Lot Size Acres 0.14
Lot Size Units Acres
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 536
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

(714) 713-9086

Phone

Affordability Calculator

$16,031
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,031
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$2,295,000 -2.55% Price Down
3/13/2024$2,355,000 -7.47% Price Down
2/7/2024$2,545,000 -3.96% Price Down
1/18/2024$2,650,000 Listed Price

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536 Saint Louis Avenue, Long Beach, CA, 90814 is a Multi-Family Home for sale at $2,295,000 with 6,198 sqft and a lot size of 0.14. 536 Saint Louis Avenue has 17 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 90814 which is in Long Beach, CA