CA > Long Beach
Long Beach, CA 90804,770 Saint Louis AVE
Long Beach, CA 90804,770 Saint Louis AVE
Long Beach, CA 90804,770 Saint Louis AVE
Long Beach, CA 90804,770 Saint Louis AVE
Long Beach, CA 90804,770 Saint Louis AVE
Long Beach, CA 90804,770 Saint Louis AVE
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 2,100,000
Est. payment | /mo

6,250 Sqft Lot

Save
$ 2,100,000
Est. payment | /mo
Save

6,250 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW24222679

HOA Y/N No

Year Built 1930

Annual Tax Amount $13,777

Tax Year 2023

Lot Size 6,250 Sqft

Property Sub-Type Multi Family

Property Description

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 $2.3 million to $2.1 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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR2N

Interior

Heating Wall Furnace

Fireplace No

Laundry None

Exterior

Roof Type Shingle

Total Parking Spaces 4

Building

Lot Description 6-10 Units/Acre

Story 2

Water Public

Others

Tax ID 7262023018

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Julio Bonilla • Keller Williams Pacific Estate • 562-355-8060
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

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770 Saint Louis AVE