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246 E Hullett Street

Long Beach, CA 90805
  • $1,275,000
  • STATUS: Active
  • ON SITE: 84 Days
  • ID#: PW25274680
UPDATED: 62 min ago
$1,275,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing Agent(s): Peter Gillin of Morgan Skenderian (949-251-8800)


Description

THE TWO BEDROOM UNIT WILL BE VACANT BY MARCH 1, 2026. 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 $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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T14:30:09.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171324853
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246 E Hullett Street Long Beach, CA 90805

  • Price: $1,275,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 62 min ago
  • ID#: PW25274680
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1942
Built
Neighborhood:
North Long Beach (Nlb)
County:
Los Angeles
Area:
7 - North Long Beach
Property Description
THE TWO BEDROOM UNIT WILL BE VACANT BY MARCH 1, 2026. 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 $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.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Rectangular Lot Number Of Separate Electric Meters 5 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Cap Rate 3.7 Common Interest Community Apartment Community Features CurbsGutter(s)Sidewalks Electric Expense 1000 Fuel Expense 1000 Garage YN Yes Gross Income 0 Gross Scheduled Income 83880 Insurance Expense 3884 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Maintenance Expense 6710 Net Operating Income 47390 New Construction YN No New Taxes Expense 17179 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 33973 Other Expense 1000 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 6990 Trash Expense 1000 Vacancy Allowance 2516 Water Sewer Expense 1000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T14:30:09.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Peter Gillin of Morgan Skenderian (949-251-8800)