Home | Los Angeles County | Long Beach | 90813 | 1306 E Hellman St
MLS: CRPW26219871 | Status: | Price: $1,547,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,233 | 1922 |
Outstanding 9-Unit Long Beach Investment Opportunity. Strong Cash Flow, Major Upgrades & Long-Term Upside! Discover this professionally managed and income-producing 9-unit apartment building offering excellent curb appeal, strong investment performance, and future upside in one of Long Beach's established rental neighborhoods. The property features eight 1 bed/1 bath units and one spacious 3 bed/1 bath unit, offering a total of approximately 4,602 sq/ft of living space on a large 8,233 sq/ft lot. Numerous improvements have been completed throughout the property, including updated and renovated units, with two units redesigned to create a more desirable open concept floor plan. Significant capital improvements include upgrades to the main electrical system and individual unit electrical panels, updated drain lines, and a newer roof double recoating in 2023. Additionally, four attached garages with possible ADU potential for additional rental income (buyer to verify). Impressive investment performance with an approximately 6.7% cap rate and 8.7 GRM. Whether you're an experienced investor looking to expand your rental portfolio or exploring the possibility of owner occupancy while generating rental income, this property presents an outstanding opportunity to build long term wealth
| Field | Value |
|---|---|
| MLS # | CRPW26219871 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Laundry | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 4 Car(s) |
Blair Newman
Coldwell Banker Envision
License #: 01459316
Phone: (562) 822-6532
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 8 | – |
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This listing information is up-to-date as of October 15, 2026. For the most current information, please contact Blair Newman, (562) 822-6532.