$1,275,000 - 1130 E Hellman Street A, Long Beach

  • 1Beds
  • 1Baths
  • 2,640SQ. Feet
  • 0.14Acres

This newly renovated 6 unit building is a strong investment opportunity. Located in the North Alamitos Beach neighborhood of Long Beach, all 6 units were completely remodeled down to the studs and have new floors, kitchens, countertops, bathrooms, appliances and laundry inside. Each unit is a 1 Bed, 1 Bath with all the quality finishes pictured here. Included are 4 rent-producing garages with new garage doors and fresh paint throughout. This is a great income property currently operating at a Cap rate of 5.4% and reliable occupied tenants with long term 12 month leases. Property is a short drive from a robust downtown area with shopping and theaters, Alamitos Beach, the historic Queen Mary, the convention center, colleges, golf courses and freeways. Please do not disturb tenants. Contact agent for showings. Thank you!

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:NP19048379
  • Price:$1,275,000
  • Bedrooms:1
  • Bathrooms:1.00
  • Square Footage:2,640
  • Acres:0.14
  • Year Built:1923
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:1130 E Hellman Street A
  • Area:Signal Hill (8)
  • Subdivision:Other (OTHR)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Amenities

  • Parking Spaces:4
  • # of Garages:4

Interior

  • Appliances:Gas & Electric Dryer Hookup
  • Heating:Wall Heater
  • Cooling:None

Exterior

  • Lot Description:6-10 Units/Acre, Front Yard

Additional Information

  • Date Listed:March 13th, 2019
  • Days on Market:130
  • Zoning:LBR2N

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Other (othr)

  • City:
    Long Beach
  • Price Range:
    $599,999 - $2,050,000
  • Current Listings:
    17
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $393
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Provided By: Steven Bud Mastropaolo(01976149), The Address, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of July 22nd, 2019 at 11:32pm CDT. 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.