1050 E Hellman St Long Beach, CA 90813
Hellman NeighborhoodHighlights
- Spanish Architecture
- No HOA
- Cooling Available
- Long Beach Polytechnic High School Rated A
- Neighborhood Views
- 3-minute walk to Craftsman Village Park
About This Home
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.
Listing Agent
Compass Brokerage Phone: 714-864-1405 License #00980073 Listed on: 02/25/2026
Co-Listing Agent
Coldwell Banker Realty Brokerage Phone: 714-864-1405 License #01277420
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 4,240 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Single Garage Door
Home Design
- Spanish Architecture
- Entry on the 1st floor
- Composition Roof
- Stucco
Interior Spaces
- 3,542 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Fire and Smoke Detector
- Gas Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Utilities
- Cooling Available
- Wall Furnace
- Water Heater
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 7266004047
- $1 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
- Alamitos Beach Subdivision
Building Details
- 6 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $6,331
- Maintenance Expense $7,070
- Other Expense $5,640
- Water Sewer Expense $4,065
- Operating Expense $23,106
- Gross Income $117,060
- Net Operating Income $93,954
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,568 | $1,351,736 | $944,396 | $407,340 |
| 2024 | $17,568 | $1,325,232 | $925,879 | $399,353 |
| 2023 | $17,266 | $1,299,248 | $907,725 | $391,523 |
| 2022 | $16,210 | $1,273,774 | $889,927 | $383,847 |
| 2021 | $15,878 | $1,248,799 | $872,478 | $376,321 |
| 2019 | $15,651 | $1,212,480 | $846,600 | $365,880 |
| 2018 | $10,991 | $837,120 | $581,400 | $255,720 |
| 2016 | $5,234 | $381,872 | $182,659 | $199,213 |
| 2015 | $5,039 | $376,137 | $179,916 | $196,221 |
| 2014 | $5,035 | $368,770 | $176,392 | $192,378 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Sale | $1,497,000 | 0.0% | $423 / Sq Ft | |
| 09/28/2024 09/28/24 | For Rent | $1,550 | 0.0% | -- | |
| 02/22/2018 02/22/18 | Sold | $1,188,000 | -1.0% | $335 / Sq Ft | View Prior Sale |
| 01/05/2018 01/05/18 | Pending | -- | -- | -- | |
| 12/14/2017 12/14/17 | For Sale | $1,200,000 | +46.3% | $339 / Sq Ft | |
| 10/31/2016 10/31/16 | Sold | $820,000 | -1.1% | $232 / Sq Ft | View Prior Sale |
| 08/29/2016 08/29/16 | Pending | -- | -- | -- | |
| 08/19/2016 08/19/16 | For Sale | $829,000 | -- | $234 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26037725
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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