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1045 Saint Louis Ave, Long Beach, CA 90804
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1045 Saint Louis Ave Long Beach, CA 90804

$1,290,000 Sold Price as of 12/10/2020
  • 4 Beds
  • 7 Baths
  • 3,176 Sq.Ft.
Sold
$1,290,000 Sold Price as of 12/10/2020 Refinance Your Mortgage
Map preview of 1045 Saint Louis Ave, Long Beach, CA 90804

Property Overview: 1045 Saint Louis Ave Long Beach, CA has 4 bedrooms, 7 bathrooms, 3,176 living square feet and 5,662 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1045 Saint Louis Avenue is a 7-unit multifamily investment property located in Long Beach, one of the premier housing markets in Southern California. Situated on a 0.13-acre lot, 1045 Saint Louis Avenue offers efficiency, studio, and one-bedroom units split across two buildings. The property features amenities including Spanish style construction with a spacious courtyard, on-site laundry, garage parking, security doors, and gated access. 1045 Saint Louis Avenue has an impressive walkscore of 89 as residents have convenient access to everyday needs retailers in the immediate area. Additionally, the Long Beach Transit Center is located within walking distance, providing residents with easy access to nearby employment hubs. The first studio unit in the unit mix is the efficiency unit.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 12 minutes ago | Last updated: March 23rd, 2023 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,662
HOA Dues
$0/mo
Year built
1930
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20199102
City
Long Beach
County
Los Angeles
Time on Site
1456 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Leased Units: 7
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,445
  • Total Rent: $2,445
  • Pro Forma/Market Rent: $2,390
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,580
  • Total Rent: $5,580
  • Pro Forma/Market Rent: $6,380
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $108,240
  • Net Operating Income: $69,292
  • Gross Operating Income: $104,407
  • Vacancy Allowance: $5,412
  • Other Income 1: $1,579
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $35,115
  • Electric: $669
  • Gas/Fuel: $669
  • New Taxes: $16,121
  • Trash: $669
  • Insurance: $2,100
  • Maintenance: $4,200
  • Professional Management: $5,220
  • Water/Sewer: $669
  • Other Expenses: $4,800

Property Details for 1045 Saint Louis Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 7
  • Parcel Number: 7262008007
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearby Cross Streets: East 10th Street & Saint Louis Avenue
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 1045 Saint Louis Ave

Last leased for $1,609 on March 28th, 2022

  • March, 2022

  • Mar 28, 2022

    Date

    Leased

    CRMLS: CV22028537

    $1,609

    Price

  • Feb 12, 2022

    Date

    Active

    CRMLS: CV22028537

    $1,695

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled upstairs 1 bedroom apartment home located in the east side of Long Beach. Apartment features include newer wood look vinyl flooring throughout, large windows with blinds providing natural lighting and new interior paint. Newly remodeled kitchen has a new sink, granite countertops and new stove. On site laundry available. Street parking only. 1-car garage may be available for an additional fee. Close to schools, shopping, restaurants, Queen Mary and easy access to freeways. Vouchers welcome. Do not miss out!

  • March, 2022

  • Mar 2, 2022

    Date

    Leased

    CRMLS: CV21265817

    $1,654

    Price

  • Feb 13, 2022

    Date

    Hold

    CRMLS: CV21265817

    $1,695

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled 1 bedroom downstairs apartment home located in the east side of Long Beach. Apartment features include newer wood look vinyl flooring throughout, large windows with blinds providing natural lighting and new interior paint. Newly remodeled kitchen has stunning white quartz countertops and new white shaker cabinets. On site laundry available. Street parking only. Close to schools, shopping, restaurants, Queen Mary and easy access to freeways. Vouchers welcome. Do not miss out!

  • September, 2021

  • Sep 25, 2021

    Date

    Active

    CRMLS: CV21212144

    $1,395

    Price

  • Listing provided courtesy of CRMLS

    Beautifully remodeled private studio apartment home located in the east side of Long Beach. Apartment features include newer wood look vinyl flooring throughout, large windows/skylight with blinds providing natural lighting and new interior paint. Remodeled kitchen has stunning white quartz countertops and newer appliances. On site laundry available. Street parking only. Close to schools, shopping, restaurants, Queen Mary and easy access to freeways. Vouchers welcome. Do not miss out!

  • December, 2020

  • Dec 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,290,000

    Price

  • December, 2020

  • Dec 10, 2020

    Date

    Sold

    CRMLS: OC20199102

    $1,290,000

    Price

  • Nov 10, 2020

    Date

    Pending

    CRMLS: OC20199102

    $1,250,000

    Price

  • Oct 13, 2020

    Date

    Active Under Contract

    CRMLS: OC20199102

    $1,250,000

    Price

  • Sep 23, 2020

    Date

    Active

    CRMLS: OC20199102

    $1,250,000

    Price

  • January, 2011

  • Jan 28, 2011

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • January, 2011

  • Jan 28, 2011

    Date

    Sold

    CRMLS: S10087096

    $500,000

    Price

  • Aug 10, 2010

    Date

    Active

    CRMLS: S10087096

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity. Short Sale. Desirable Long Beach Neighborhood! 2 free standing buildings, front building has 4 one bedroom units and 2 studios. Back building contains 4 garage spaces 1 studio and 1 laundry room. There is a patio garden area in between the two buildings. The garages are accessed via the alley. Property is a Spanish theme architecture.

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Tax History for 1045 Saint Louis Ave

Assessed Value (2020): $586,330
Year Land Value Improved Value Assessed Value
2020 $292,865 $293,465 $586,330

Home Value Compared to the Market

This property vs the competition

1045 Saint Louis Ave sold on December 10, 2020 for 52.63% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $393.58 per/sqft which puts the price per square foot 37.33% lower than the current median sale per square foot for the city of Long Beach.

About 1045 Saint Louis Ave

Detailed summary of property

1045 Saint Louis Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 4 bedrooms, 7 bathrooms, roughly 3,176 living square feet, and sits on an approximately 5,662 square foot lot. 1045 Saint Louis Ave was first listed on ArdentRealEstateGroup.com on September 23, 2020. The homeowner sold the property for $1,290,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 52.63% higher than the current median priced home. Local homes that are currently for sale include 251 Loma Ave, 1147 Ximeno Ave and 1147 Ximeno Ave. While the average home in Long Beach, CA is selling in 62 days, 1045 Saint Louis Ave has a days on market of 20 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1045 Saint Louis Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1045 Saint Louis Ave

Public county record property details
Beds
4
Baths
6
Year built
1930
Sq. Ft.
3,176
Lot Size
5,839
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7262-008-007

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$500,000
Median List Price/Sq.Ft.
$622
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
44
Median Sale to List Price %
97.83%
Avg Days on Market
30
Loan Type
Conventional (62.5%), FHA (12.5%), VA (12.5%), Cash (12.5%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1045 Saint Louis Ave

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1029 Dawson Ave, Long Beach, CA 90804
$766,600 Last Sold Price
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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