246 E Hullett Street Long Beach, CA ^$ 1,275,000

246 E Hullett Street

^$ 1,275,000

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Recently Listed

246 E Hullett Street

Long Beach, CA, 90805

^$ 1,275,000

Studio Baths1.0 Sq 3,884

Monthly Estimate*

^$ 7,954

Listed by Morgan Skenderian

246 E Hullett Street, Long Beach, CA 90805 - Image 1

246 E Hullett Street, Long Beach, CA 90805 - Image 2

246 E Hullett Street, Long Beach, CA 90805 - Image 3

246 E Hullett Street, Long Beach, CA 90805 - Image 4

246 E Hullett Street, Long Beach, CA 90805 - Image 5

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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,275,000 with 1 full bath. This 3,884 square foot home was built in 1942 on a lot size of 0.1367.

Pleased to present 246 East Hullett Street, a secure 4-unit apartment building in the heart of vibrant Long Beach, California. Built in 1942, the property consists of spacious one- & two-bedroom units. For added convenience, the property features an on-site laundry facility as well as (4) garage spaces for tenant use. This apartment building offers residents easy access to retail amenities including Trader Joe’s, banks, and the charming eateries of Bixby Knolls. With convenient access to the 91, 710 & 405 Freeways, commuting to other parts of the city is effortless. Priced at $318,750/unit for this unit mix, this property is one of the more attractive opportunities on the market. Further, through renovation of the units and increases on below market rents, this property offers phenomenal value appreciation and exceptional future cash flow.

Multi-Family Active

Price

^$ 1,275,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1367

Year Built

1942

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW25274680

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 4

Pool Features None

Year Built 1942

Stories Count 2

Levels Two

Property Subtype Quadruplex

Gross Income 0

Community Features Curbs Gutter(s) Sidewalks

County Los Angeles

Net Operating Income 47390

Operating Expense 33973

Insurance Expense 3884

New Construction false

Property Type Residential Income

MaintenanceExpense 6710

Subdivision Name North Long Beach (NLB)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions North of South St between Linden and Jaymills

City Long Beach

Entry Location 1

Senior Community Y/N false

Number Of Units Total 4

MLS Area 7 - North Long Beach

Lot Size Units Square Feet

Lot Size Square Feet 5956

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 1000

Fuel Expense 1000

Trash Expense 1000

Water Sewer Expense 1000

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 19

Total Actual Rent 6990

Property Sub Type Additional Quadruplex

Taxes 17179

Cap Rate 3.7

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Inside

Entry Level 1

Exterior

Lot Features Rectangular Lot

Water Source Public

Total Parking 4

Lot Size Area 5956

Number of Buildings 1

Building Area Total 3884

Lot Size Acres 0.1367

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 5

* Excluded Features

List By

Morgan Skenderian

Broker

pdg@morganskenderian.com

Affordability Calculator

$7,954

Per Month

Monthly Principal & Interest: $7,954
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,855,479

Percent of Sale Price 46%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2025	$1,275,000		Listed Price

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246 E Hullett Street, Long Beach, CA, 90805 is a Multi-Family Home for sale at $1,275,000 with 3,884 sqft and a lot size of 0.1367. 246 E Hullett Street is a studio with 1.0 baths and was built in 1942. The property's zip code is 90805 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/20/2025. 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.

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246 E Hullett Street

Multi-Family Home for sale in Long Beach, CA

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