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$1,425,000
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Property Description
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
Full Property Details for 1050 E Hellman St
General
- Sold For: $1,425,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26037725
- Added to Site: 157 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 Source: Public Records
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $402.32
- Price Per Unit: 249500
Disclosures and Reports
- Exclusions: Refrigerators in 2 units (owned by tenant), Mineral Rights
- Inclusions: 4 refrigerators plus all other appliances
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Schools
Schools serving 1050 E Hellman St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Long Beach, CA 1175 East 11th Street, Long Beach, CA 90813 | K-5 | 0.3 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.2 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 E Hellman St
Date
Details
Price
Change
Source
6/10/2026
Sold
$1,425,000
-4.81%
MLS
2/25/2026
Listed
$1,497,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1050 E Hellman Street, Long Beach, CA 90813 (MLS# PW26037725) is a Multi-Family property that was sold at $1,425,000 on June 10, 2026. This property was 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.


