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$1,497,000
New Listing

1050 E Hellman Street
Long Beach, CA 90813

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
3,542
SqFt
$423
/SqFt
1924
Built
Subdivision:
Alamitos Beach (AB)
County:
Los Angeles
Listed by Kathie Sitton of Compass [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: (562) 754-5037
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(562) 754-5037
1050 E Hellman Street1050 E Hellman Street1050 E Hellman Street1050 E Hellman Street
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This well-maintained and upgraded 6-unit property is a turnkey multi-family investment opportunity. Located in one of Long Beach's sought-after rental markets, this property offers 2 quality buildings on one lot totaling approximately 3,542 SF of living space on a generous 4,240 SF lot. Front building is 4 one-bedroom, one bath units and the rear building has 2 one-bedroom, one bath units over four single-car garages. Property has undergone significant improvements including upgraded electrical and panels, new ABS sewer lines, remote-controlled garage doors, a new roof on the rear building, foundation fortification, new 75-gallon water heater, and refreshed interiors with stainless steel stoves. Cesar stone kitchen counters, luxury vinyl floors, wall heaters, and portable A/C in all units. This is a solid fit for an investor seeking an easy-to-manage asset with garages and virtually no grounds work. What distinguishes this offering is the scale, proximity to everyday conveniences, and ease of ownership - a rare combination.

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Listing Snapshot
Price 
$1,497,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,542 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0973 Acres
Year Built 
1924
MLS® Number 
PW26037725
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
13 hours agoListing first seen on site
13 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.0973
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Garage
Parking Spaces 
4
Property Sub Type 
Mixed Use
Security 
Smoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3542
Style 
Spanish
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
Gas RangeRefrigeratorWater Heater
Cooling 
Fireplace Features 
None
Flooring 
See Remarks
Heating 
Wall Furnace
Laundry Features 
None
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Exterior Features
Construction Details 
Stucco
Fencing 
None
Pool Features 
None
Roof 
Composition
Spa Features 
None
View 
Neighborhood
Waterview 
Neighborhood
Community Features
Building Access 
Street
Community Features 
Sidewalks
Financing Terms Available 
CashConventionalOwner May CarrySubmit1031 Exchange
MLS Area 
4 - Downtown Area, Alamitos Beach


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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