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1119 Saint Louis Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 3,909 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1923 |
| Zoning | R2N - Multiple dwelling | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,909 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1923 |
| Zoning | R2N - Multiple dwelling |
About 1119 SAINT LOUIS AVE , LONG BEACH, CA 90804
1119 St Louis Avenue is a well-maintained, turnkey ten-unit asset in Eastside Long Beach. Self-managed with pride of ownership, the building has no deferred maintenance: new roof installation in 2012; copper plumbing throughout; new electrical panel and updated electrical systems in most of the units; new sewer main line to the street with annual maintenance schedule. Eight of the ten units have been renovated with new laminate flooring, granite countertops, new cabinetry and fixtures, new appliances and and porcelain tile flooring in kitchens and baths. 1119 St Louis Avenue offers investors the opportunity to own turnkey asset in a highly desirable submarket with 16% potential upside in rents.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 390 |
Property Taxes
| Parcel Number | 7261-032-021 | Improvements Assessment | $953,700 |
| Land Assessment | $612,000 | Total Assessment | $1,565,700 |
Property Taxes
Parcel Number
7261-032-021
Land Assessment
$612,000
Improvements Assessment
$953,700
Total Assessment
$1,565,700
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