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1130 E Hellman St
Long Beach, CA 90813
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 2,640 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1923/2018
Parking Ratio 3.03/1,000 SF
Zoning RR2N, Long Beach

Amenities

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Ceiling Fans

Site Amenities

  • Gated

About 1130 E HELLMAN ST , LONG BEACH, CA 90813

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!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,350 440

Property Taxes

Property Taxes

Parcel Number
7266-003-006
Land Assessment
$885,851
Improvements Assessment
$481,202
Total Assessment
$1,367,053
  • Listing ID: 15430521

  • Date on Market: 3/13/2019

  • Last Updated:

  • Address: 1130 E Hellman St, Long Beach, CA 90813

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