1119 Saint Louis Ave, Long Beach, CA 90804

1119 St. Louis Avenue is a 10-unit apartment asset in Long Beach, California. The property is offered at only $159,500 per unit with 6.09% cap rate and 9.37 GRM on current rents. The property is comprised of 10 bungalow-style studio units in a secured access building. Seven units have been remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features, and in-unit washers and dryers. New windows have been installed throughout most units.