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246 E Hullett St, Long Beach, CA, 90805

5beds
5baths
3,884sqft
$1,245,000
$321price/sqft
$8,713/moest. monthly cost
$348,520/yrincome needed

About This Home

THE TWO BEDROOM UNIT IS NOW VACANT. This unit is in excellent condition, with W/D Hookups and direct access to a two-car garage. 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 $311,250/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.

Getting Around

67
WalkingSomewhat Walkable
47
TransitSome Transit
60
BikeBikeable

Schools

4/10
3/10
Jordan High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1942

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 3,884
  • Total interior livable area: 3,884 sqft

Property

Details

  • Parcel number: 7125030011
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 5,956 sqft
  • Features: Rectangular Lot

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4