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.
AGENT: Kathie Sitton LISTING BROKERAGE: CompassProperty 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.
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1050 E Hellman Street
Long Beach, CA
Property Details
Price:
$1,497,000
MLS #:
PW26037725
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Subdivision:
Alamitos Beach AB
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Feb 25, 2026
Total Sq Ft:
3,542
Lot Size:
4,240 sqft / 0.10 acres (approx)
Year Built:
1924
Spanish4 – Downtown Area, Alamitos Beach4downtownareaalamitosbeachAlamitos Beach AbNeighborhood
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Schools
Interior
Appliances
RF, GR, WHU
Cooling
SEE
Flooring
SEE
Heating
WL
Laundry Features
NO
Levels
U
Exterior
Architectural Style
SPN
Common Walls
NCW
Community Features
SDW
Construction Materials
STC
Fencing
NO
Garage Spaces
4
Parking Spots
4
Parking Total
4
Roof
CMP
Security Features
SD
Spa Features
NO
View
NE
Financial
Maintenance Fee
$7,070
Net Operating Income
$93,954
Map
Community
- Address1050 E Hellman Street Long Beach CA
- SubdivisionAlamitos Beach (AB)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
