- – beds
- – baths
- – sqft
- 7,507 sqft lot
- 1963 build
- – on site
Welcome to The Louis – A renovated multifamily asset located in the heart of Long Beach, CA. This well-maintained 12-unit property is comprised of (2) spacious 2-bedroom/1-bath units and (10) 1-bedroom/1-bath units, all of which were extensively remodeled with permits in 2019. Interiors feature modern finishes, and the units remain in excellent condition. That same year, the exterior received a full facelift, including new paint and a refreshed façade, enhancing the building’s curb appeal. The property benefits from a stable tenant base, with approximately 9% rental upside remaining, offering investors immediate cash flow and future growth potential. Additionally, there are (6) on-site garages that present a compelling value-add opportunity: potential conversion into (3) ADUs (Accessory Dwelling Units), subject to Buyer verification. The Louis offers a rare blend of updated construction, long-term tenancy, and upside in one of Long Beach’s most active rental markets.
Last checked:
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Last updated Jun 17, 2025
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MLS# RS25135898 —
The Building
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Year Built:1963
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:8203.00
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Building Area Units:Square Feet
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Total Number Of Units:12
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# of Buildings:1
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Roof:Shingle
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:13
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# of Separate Water Meters:1
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# of Separate Electric Meters:13
Interior
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Entry Location:1
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Fireplace:No
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Fireplace:None
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Laundry:Community
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Laundry:1
Location
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Directions:Pacific Ave b/t 10th and 12th Streets
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Latitude:33.78024600
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Longitude:-118.19330400
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR4N
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Lot Features:Level with Street, Lot 6500-9999, Paved
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Lot Size Area:7507.0000
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Lot Size Acres:0.1723
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Lot Size SqFt:7507.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5758.03
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Tax Area:11934
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Tax Tract:575...
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Tax Lot:5
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Tax Rate:1.24
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7273005013
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer, Sewer Assessments
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Water Source:Public
The Community
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Subdivision:Willmore District (WM)
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Subdivision:Willmore District (WM)
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Features:Sidewalks, Street Lights, Urban
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Special Assessments
Parking
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Parking Spaces:6.00
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Garage Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/17/25
Jun 17, 2025
|
Listed / Active | CRMLS_CA | $3,390,000 | 43.3% (6.7% / YR) |
11/6/19
Nov 6, 2019
|
Price Changed | CRMLS_CA | ||
8/27/19
Aug 27, 2019
|
Listed / Active | CRMLS_CA |