Under Contract
1119 Saint Louis Avenue
Long Beach CA, 90804
$1,595,000
$408.03 per sqft
Under Contract
3,909 sqft
Multi-family
Built in 1923
Listed by Robert Stepp with Keller Williams - Santa Monica 310-482-2200
1119 St. Louis Avenue is a 10-unit apartment asset in Long Beach, California. The property is offered at only $159,500 per unit with 6.09% cap rate and 9.37 GRM on current rents. The property is comprised of 10 bungalow-style studio units in a secured access building. Seven units have been remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features, and in-unit washers and dryers. New windows have been installed throughout most units.
PW23165898
MLSⓇ ID
September 5, 2023
Listed
April 8, 2024
Updated
Map
1119 Saint Louis Avenue
Long Beach CA, 90804
Interior Features
Total Stories
1
Laundry Description
Inside
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
6-10 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
3 - Eastside, Circle Area
Days on Market
216
Garage
No
Parking Total
0
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LBR2N
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/8/2024 | Under Contract | — |
3/28/2024 | Price Change | $1,595,000 -4% |
1/29/2024 | Price Change | $1,650,000 -3% |
11/15/2023 | Active | — |
11/8/2023 | Under Contract | — |
11/6/2023 | Price Change | $1,700,000 -6% |
Listing Contact: 310-482-2200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/8/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 4/8/2024 at 7:19 PM UTC