770 Saint Louis Avenue, Long Beach, CA 90804
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Listed Price :
$2,300,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1930
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 $2.6 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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
770 Saint Louis Avenue |
| City |
Long Beach |
| State |
CA |
| Zip |
90804 |
| County |
Los Angeles |
| Listing Agent |
Julio Bonilla DRE #01281205 |
| Courtesy Of |
Keller Williams Pacific Estate |
| List Price |
$2,300,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Multi Family |
| Structure Size |
N/A |
| Lot Size |
6,249 |
| Year Built |
1930 |
Listing information courtesy of: Julio Bonilla, Keller Williams Pacific Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 12:38 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
