1036 Saint Louis
long beach, CA 908042 345 000 USD
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$50,000 price reduction - now offered at a 6.40% current cap rate. 1036 Saint Louis Ave is a 9-unit Eastside Long Beach apartment property featuring an attractive large-unit mix of (1) 3BD/2BA, (6) 2BD/1BA, and (2) 1BD/1BA units. The asset offers strong in-place income with approximately 13% remaining rental upside and a projected 7.60% pro forma cap rate through continued interior renovations and garage income optimization. The property has benefited from approximately $129,000 in recent capital improvements, including a new 400A main electrical panel, partial main sewer line replacement, SB 721 balcony compliance/repairs, roof repairs, and three completed unit renovations. Additional features include 6 on-site garages, separately metered electric/gas, and landlord-paid water/sewer/trash. No local rent control; statewide AB 1482 applies.
Detaljer
6,770 Sq Ft
6,501 Sq Ft Partistørrelse
investering
Bygget i 1963
MLS/Oppførings-ID RS26052383
9 Enheter
Fasiliteter og funksjoner
Heating - Wall Furnace
Community - Curbs
Community - Sidewalks
Community - Storm Drains
Community - Street Lights
Community - Urban
Public Water
Public Sewer
Tjære- og grustak
Fellesareal
Parking - Garage
Parking - Assigned
Beregn boliglånet mitt
TOTAL MÅNEDLIG KOSTNAD
0 USD
- PRINCIPAL & INTEREST
0 USD
- EIENDOMSSKATT
0 USD
- Fellesutgifter
0 USD
HOME PRICE
Forskuddsbetaling
TERM
INTERESSE
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.