$2,300,000
Active
61 Days Online
0 Beds0 Baths6,261 SQFT
Active

770 Saint Louis Avenue Long Beach, CA 90804

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This charming 1930s Spanish-style apartment complex in the heart of Long Beach offers a rare opportunity to own a piece of the city’s history. Featuring 10 units, a mix of single and studio apartments, the property spans 6, 247 square feet of living space on a 6, 261 square foot lot. Each unit retains the original architectural charm of the era, highlighted by intricate details and timeless design elements. The building has been well-maintained, with thoughtful updates made to ensure it meets modern standards of comfort while preserving its vintage allure. Investors will appreciate the recent price adjustment from $2.6 million to $2.3 million, presenting a unique value proposition for a property in this highly desirable area. Additionally, recent rent increases offer the potential to reach pro forma rents, further maximizing the return on investment. Situated in one of Long Beach's most vibrant neighborhoods, residents enjoy convenient access to local parks, shopping, dining, and the scenic Long Beach Shoreline. This property provides not just an income-generating asset but also a tangible piece of Long Beach’s rich architectural heritage. Whether you're looking to enhance your investment portfolio or acquire a unique property in a prime location, 770 St Louis Ave stands out as a smart and rewarding acquisition.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$13,777
  • HOA/Condo/Coop Fees$0
  • Days on Site61 Days
  • MLS StatusActive
  • MLS ID NumberDW24016719
  • Home Size Source Assessor
  • Year Built1930
  • Lot Size0.1435 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Stucco
  • Parking Spaces 4
  • Number of Stories 2
  • Acreage 0.1435
  • Water Public
  • Property Sub Type Multi Family
  • Zoning LBR2N
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Wall Furnace
  • Laundry Features None

Exterior Features

  • Roof Shingle
  • Lot 6-10 Units/ Acre

Community Features

  • MLS Area 4 - Downtown Area, Alamitos Beach

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Monthly Payment (Est.)

$11,558
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