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$1,497,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 10 hours ago
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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.

Full Property Details for 1050 E Hellman St

General

  • Price: $1,497,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26037725
  • Updated: 2/25/2026
  • Days on Market: 1 days
  • Added to Site: 1 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: Water Heater, Refrigerator, Gas Range
  • Flooring: See Remarks

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Garage (Single Door)
  • Parking: Garage (Single Door)

Location

  • Area: 4 - Downtown Area, Alamitos Beach
  • County: Los Angeles
  • Development Name: 4 - Downtown Area, Alamitos Beach
  • Driving Directions: North of 7th, between Cerritos and Alamitos

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 6

Structural Information

  • Architectural Style: Spanish
  • Roof: Composition
  • Entry Location: Street
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 3,542
  • Year Built: 1924

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.0973
  • Lot Size (Sq. Ft.): 4,240
  • Lot Size Source: Public Records
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $422.64
  • Price Per Unit: 249500

Disclosures and Reports

  • Exclusions: Refrigerators in 2 units (owned by tenant), Mineral Rights
  • Inclusions: 4 refrigerators plus all other appliances
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1050 E Hellman St —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 1050 E Hellman St

School District:Long Beach Unified School District
NameGradesDistance
Lincoln Elementary School, Long Beach, CA
1175 East 11th Street, Long Beach, CA 90813
K-50.3 mi
Franklin Classical Middle School
540 Cerritos Avenue, Long Beach, CA 90802
6-80.2 mi
Polytechnic High School, Long Beach, CA
1600 Atlantic Ave., Long Beach, CA 90813
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1050 E Hellman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/25/2026
Listed
$1,497,000
26.01%
MLS
2/06/2018
Sold
$1,188,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1050 E Hellman St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$18,350
4%
$1,352,456
2%
2024
$17,568
2%
$1,325,952
2%
2023
$17,266
7%
$1,299,968
2%
2022
$16,210
2%
$1,274,494
2%
2021
$15,878
—
$1,249,519
1%
2020
$15,838
1%
$1,236,715
2%
2019
$15,651
42%
$1,211,760
45%
2018
$10,991
1%
$836,400
2%
2017
$10,874
108%
$820,000
115%
2016
$5,234
4%
$381,872
2%
2015
$5,039
—
$376,137
2%
2014
$5,035
3%
$368,770
—
2013
$4,890
—
$367,104
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1050 E Hellman Street, Long Beach, CA 90813 (MLS# PW26037725) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 1050 E Hellman Street is currently listed for $1,497,000 and was received on February 25, 2026. This property is listed by Natasha Schultheis from our Long Beach Office.Want to learn more about 1050 E Hellman Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

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