1050 E Hellman Street Long Beach, CA $ 1,497,000
1050 E Hellman Street
$ 1,497,000
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1050 E Hellman Street

Long Beach, CA, 90813
$ 1,497,000
Baths0.0 Sq 3,542

Monthly Estimate*

$ 9,217

Listed by Compass
1050 E Hellman Street, Long Beach, CA 90813 - Image 1
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1050 E Hellman Street, Long Beach, CA 90813 - Image 8
1050 E Hellman Street, Long Beach, CA 90813 - Image 9
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1050 E Hellman Street, Long Beach, CA 90813 - Image 17
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Studio

Multi-Family Home for sale in Long Beach, CA

for $1,497,000. This 3,542 square foot home was built in 1924 on a lot size of 0.0973.

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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Multi-Family Active

Price

$ 1,497,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0973

Year Built

1924

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26037725

Days on Market

18

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling See Remarks
Utilities Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Gas Range Refrigerator Water Heater
HOA Fee 0
Garage Spaces 4
Architectural Style Spanish
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Stucco
Exclusions Refrigerators in 2 units (owned by tenant) Mineral Rights
Year Built 1924
Tenant Pays Cable TV Electricity Pest Control
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 117060
Community Features Sidewalks
County Los Angeles
Net Operating Income 93954
Operating Expense 23106
Insurance Expense 6331
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 7070
Subdivision Name Alamitos Beach (AB)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions North of 7th between Cerritos and Alamitos
City Long Beach
Entry Location Street
Senior Community Y/N false
Number Of Units Total 6
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Square Feet
Lot Size Square Feet 4240
Number of Units Leased 6
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange Owner May Carry Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 4065
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 2
Total Actual Rent 9620
Property Sub Type Additional Mixed Use
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Interior
Flooring See Remarks
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing None
Parking Features Door-Single Garage
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 4
Inclusions 4 refrigerators plus all other appliances
Lot Size Area 4240
Number of Buildings 2
Spa false
Building Area Total 3542
Lot Size Acres 0.0973
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 6
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* Excluded Features
List By
Compass

Broker

kathie@sitton4homes.com

Email

Affordability Calculator

$9,217
Per Month
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Monthly Principal & Interest
$9,217
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$1,497,000 Listed Price

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1050 E Hellman Street, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,497,000 with 3,542 sqft and a lot size of 0.0973. 1050 E Hellman Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 90813 which is in Long Beach, CA