246 E Hullett St, Long Beach, CA 90805 | For Sale

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For Sale $1,275,000

$1,275,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 5,956 Sq Ft

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,275,000
Property Type Fourplex (4-units)
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 4 spots
Year Built 1942
Last Sold Unknown
Sold Price Unknown
APN # 7125030011
MLS # PW25274680
Property ID 292065652
Lot Sqft 5,956
Zoning Unknown
Total Units 4
Days on Market 49
Original List Price $1,275,000
Date Updated December 13, 2025
Date Created December 12, 2025
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $6,990 $0
Net Income (Yr) $ 47,390
Cap Rate3.7%
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Your payment

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Payment Breakdown

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Listing Provided By

Peter Gillin an agent of . Lic #01433769


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 13, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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