246 E Hullett St Long Beach, CA 90805
DeForest Park NeighborhoodEstimated payment $7,998/month
About This Home
Pleased to present 246 East Hullett Street, a secure 4-unit apartment building in the heart of vibrant Long Beach, California. Built in 1942, the property consists of spacious one- & two-bedroom units. For added convenience, the property features an on-site laundry facility as well as (4) garage spaces for tenant use. This apartment building offers residents easy access to retail amenities including Trader Joe’s, banks, and the charming eateries of Bixby Knolls. With convenient access to the 91, 710 & 405 Freeways, commuting to other parts of the city is effortless. Priced at $318,750/unit for this unit mix, this property is one of the more attractive opportunities on the market. Further, through renovation of the units and increases on below market rents, this property offers phenomenal value appreciation and exceptional future cash flow.
Listing Agent
Peter Gillin
Morgan Skenderian Brokerage Email: pdg@morganskenderian.com License #01433769 Listed on: 12/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 5,956 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,884 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 19 / 16
- Tax Tract Number 5992
- Assessor Parcel Number 7125030011
- $998 per year additional tax assessments
Community Details
Overview
- 4 Units
- North Long Beach Subdivision
Building Details
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,000
- Fuel Expense $1,000
- Gardener Expense $1,200
- Insurance Expense $3,884
- Maintenance Expense $6,710
- Other Expense $1,000
- Trash Expense $1,000
- Water Sewer Expense $1,000
- New Taxes Expense $17,179
- Operating Expense $33,973
- Gross Income $81,363
- Net Operating Income $47,390
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 | $15,577 | $1,204,470 | $355,504 | $848,966 |
| 2024 | $15,577 | $1,180,854 | $348,534 | $832,320 |
| 2023 | $15,315 | $1,157,700 | $341,700 | $816,000 |
| 2022 | $12,097 | $942,968 | $309,170 | $633,798 |
| 2021 | $11,845 | $924,479 | $303,108 | $621,371 |
| 2019 | $6,870 | $499,848 | $155,794 | $344,054 |
| 2018 | $6,624 | $490,048 | $152,740 | $337,308 |
| 2016 | $6,081 | $471,021 | $146,810 | $324,211 |
| 2015 | $5,847 | $463,947 | $144,605 | $319,342 |
| 2014 | $5,824 | $454,860 | $141,773 | $313,087 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $1,275,000 | +39.3% | $328 / Sq Ft | |
| 08/13/2019 08/13/19 | Sold | $915,000 | -1.1% | $236 / Sq Ft | View Prior Sale |
| 05/23/2019 05/23/19 | Pending | -- | -- | -- | |
| 05/16/2019 05/16/19 | For Sale | $925,000 | -- | $238 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Western Resources Title | |
| Grant Deed | $1,135,000 | Fidelity National Title | |
| Grant Deed | $915,000 | Stewart Title | |
| Grant Deed | $385,000 | Southland Title | |
| Interfamily Deed Transfer | -- | North American Title Co | |
| Grant Deed | $262,000 | North American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,005,500 | New Conventional | |
| Previous Owner | $1,150,000 | Credit Line Revolving | |
| Previous Owner | $288,750 | No Value Available | |
| Previous Owner | $260,259 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25274680
APN: 7125-030-011
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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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