1050 E Hellman Street, Long Beach, CA 90813
- $1,425,000
- Sold Price
- $1,425,000
- List Price
- $1,497,000
- Closing Date
- Jun 10, 2026
- Status
- CLOSED
- MLS#
- PW26037725
- Year Built
- 1924
- Lot Size
- 4,240
- Acres
- 0.10
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 55
- Property Type
- Multifamily
- Style
- Spanish
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
- Neighborhood
- Alamitos Beach (Ab)
Property Description
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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Additional Information
- Appliances
- Gas Range, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- See Remarks
- View
- Neighborhood
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $117,060
- Operating Expense
- 23106
Listing courtesy of Listing Agent: Kathie Sitton (kathie.sitton@compass.com) from Listing Office: Compass.
Listing sold by Natasha Schultheis from Coldwell Banker Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.