NOT LISTED FOR SALE

815 Saint Louis Ave Long Beach, CA 90804

Hellman Neighborhood
1 Bed
1 Bath
6,785 Sq Ft
0.31 Acres

Last Sold November 02, 2021

Last sale price $3,015,000 $444 Per Sq Ft

26 Days on Market

Highlights

  • 0.31 Acre Lot
  • Laundry Room
  • 7 Car Garage
  • Woodrow Wilson High School Rated A

About This Home

As of November 2021

801-815 St. Louis Avenue is a 10-unit investment asset located in Long Beach, California. This attractive, well-maintained 1940's bungalow-style property has incredible curb appeal with beautiful tile roofing and lush, classic Southern California landscaping. The property offers (6) 1 BD/1 BA stand-alone houses and (4) 1 BD/1 BA apartment units. Most units feature well-cared-for original hardwood floors. Onsite laundry facilities as well as (7) private single car garages provide additional income. The property offers secured access with three locked gates. 801-815 St. Louis Avenue provides a new buyer with a highly desirable, well- maintained property that is 100% occupied, including many long-term tenants.

Last Agent to Sell the Property

Robert Stepp

Keller Williams Realty Downey License #01456379 Listed on: 09/04/2021

Keller Williams Realty Downey

Last Buyer's Agent

David Goodwin

Fiv Realty Co License #01940769

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 7 Car Garage
  • Parking Available

Home Design

  • 6,785 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 1
  • Assessor Parcel Number 7262009014
  • $1,844 per year additional tax assessments

Community Details

Overview

  • 7 Buildings
  • 10 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,125
  • Fuel Expense $1,125
  • Insurance Expense $3,393
  • Maintenance Expense $6,000
  • Other Expense $2,000
  • Pest Control $600
  • Professional Management Expense $8,670
  • Trash Expense $1,125
  • Water Sewer Expense $1,125
  • New Taxes Expense $39,057
  • Operating Expense $66,019
  • Gross Income $173,394
  • Net Operating Income $107,375

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

7

Listing Details

  • Price Per Unit: 310000
  • Professional Management Expense: 8670.00
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 1125.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7262009014
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 444.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 600.00
  • Sewer: Public Sewer
  • Trash Expense: 1125.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 13446.00
  • Lot Size Acres: 0.3087

Multi Family

  • Electric Expense: 1125.00
  • Fuel Expense: 1125.00
  • Gross Income: 173394.00
  • Gross Scheduled Income: 182520.00
  • Insurance Expense: 3393.00
  • Lot Size Area: 13446.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Net Operating Income: 107375.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 66019.00
  • Other Expense: 2000.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Expenses: 66019.00

Tax Info

  • New Taxes Expense: 39057.00
  • Tax Census Tract: 5769.01
  • Tax Lot: 18
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1844.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2021 11/02/21 Sold $3,015,000 -2.7% $444 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $3,100,000 -- $457 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Stepp

    Seller's Agent in 2021

    Robert Stepp

    Keller Williams Realty Downey

    (310) 463-2916

    3 in this area

    71 Total Sales

    Section Image
  • David Goodwin

    Buyer's Agent in 2021

    David Goodwin

    Fiv Realty Co

    (714) 421-9517

    1 in this area

    37 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21196269

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90804 Hellman

815 Saint Louis Ave, Long Beach, CA

This home is located at 815 Saint Louis Ave, Long Beach, CA 90804 since 04 September 2021. This property was built in 1941. 815 Saint Louis Ave is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Creative Arts School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

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