1050 E Hellman Street, Long Beach, CA 90813

0 beds 0 baths 4,240 sq.ft.

Offerered at: $1,497,000.00

Project/Tract: Alamitos Beach (AB)
County: Los Angeles
Year Built: 1924
Association Fees: $0.00/mo.

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.

ESSENTIAL INFO

  • Status: Active Under Contract
  • Architecture: Spanish