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770 Saint Louis Ave

long beach, CA 90804

$2,100,000

    INTERESTED? LET'S CONNECT

    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.

    Details

    6,261 Sq Ft

    6,249 Sq Ft Exterior Space

    Commercial

    $13,777 Annual Tax

    Built in 1930

    MLS/Listing ID DW25152944

    10 Units

    Amenities & Features

    Shingle

    Listing Courtesy of KELLER WILLIAMS PACIFIC ESTATE, JULIO BONILLA - 562-355-8060

    CRMLS

    Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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    Interested in 770 Saint Louis Ave?