1050 E Hellman Street, Long Beach, California 90813, Long Beach, 90813 - bed, bath
1050 E Hellman Street
Long Beach, California 90813
Property Price
SUMMARY
Analysis of 1050 E Hellman Street, Long Beach, California 90813 is currently available with a list price of $1,497,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1924, the property is in turnkey condition following significant capital improvements including upgraded electrical, new sewer lines, foundation fortification, and a new roof on the rear building. The interiors are modern and well-maintained with luxury vinyl flooring, Caesarstone countertops, and stainless steel appliances, though the reliance on wall heaters and portable A/C units keeps it from the 'excellent' category.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Capital Improvements
The property has undergone significant structural and system upgrades, including new ABS sewer lines, upgraded electrical panels, foundation fortification, and a new roof on the rear building, greatly reducing future CapEx for an investor.
- High-Demand Parking Amenities
Featuring four single-car garages with remote-controlled doors, this property offers a rare and highly valuable asset in the dense Long Beach rental market, enhancing tenant desirability and income potential.
- Turnkey Interior Finishes
Units are move-in ready with modern upgrades such as Cesar stone countertops, luxury vinyl flooring, and stainless steel appliances, allowing for immediate leasing at competitive market rates.
CONSRISKS & DEFICIENCIES
- Vintage Building Constraints
Originally built in 1924, the property may possess inherent limitations typical of its era, such as compact unit layouts and the potential for ongoing maintenance issues associated with century-old framing.
- Lack of Central Climate Control
The reliance on wall heaters and portable A/C units rather than integrated central HVAC or mini-split systems may be a drawback for premium tenants seeking modern climate convenience.
About 1050 E Hellman Street
This well-maintained and upgraded 6-unit property is a turnkey multi-family investment opportunity. Located in one of Long Beach's sought-after rental markets, this property offers 2 quality buildings on one lot totaling approximately 3,542 SF of living space on a generous 4,240 SF lot. Front building is 4 one-bedroom, one bath units and the rear building has 2 one-bedroom, one bath units over four single-car garages. Property has undergone significant improvements including upgraded electrical and panels, new ABS sewer lines, remote-controlled garage doors, a new roof on the rear building, foundation fortification, new 75-gallon water heater, and refreshed interiors with stainless steel stoves. Cesar stone kitchen counters, luxury vinyl floors, wall heaters, and portable A/C in all units. This is a solid fit for an investor seeking an easy-to-manage asset with garages and virtually no grounds work. What distinguishes this offering is the scale, proximity to everyday conveniences, and ease of ownership - a rare combination.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1924
- Lot Size
- 4,240 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,542 | 3,541 | 50% |
| Lot Size | 4,240 | 6,651.5 | 25% |
| Price | $1.50M | $1.40M | 50% |
| Price per sq ft | $423 | $346 | 75% |
| Built year | 1924 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 215 | 25% |
Pricing History
Listed for Sale
Feb 25, 2026
$1,497,000
Initial Listing
Sold
Feb 22, 2018
$1,188,000
Public Record
Sold
Oct 31, 2016
$820,000
Public Record