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.
Sold for $1,425,000
Listed by: Compass • Kathie Sitton • Contact: 310-230-5498
Bought with: Coldwell Banker Realty
$1,425,000
1050 E Hellman St, Long Beach, CA 90813
6beds
6baths
3,542sqft
Mixed Use
Built in 1924
-- sqft lot
$-- Zestimate®
$402/sqft
$4,070 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,070/mo
Zestimate® history
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List your homeWhat's special
Refreshed interiorsStainless steel stovesLuxury vinyl floorsRemote-controlled garage doorsCesar stone kitchen countersWall heaters
Zillow last checked:
Listing updated:
Listed by:
Kathie Sitton DRE #00980073 562-714-9285,
Compass,
Natasha Schultheis DRE #01277420,
Coldwell Banker Realty
Bought with:
Natasha Schultheis, DRE #01277420
Coldwell Banker Realty
Source: CRMLS,MLS#: PW26037725
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Heating
- Wall Furnace
Cooling
- See Remarks
Appliances
- Included: Gas Range, Refrigerator, Water Heater
- Laundry: None
Features
- Flooring: See Remarks
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,542
- Total interior livable area: 3,542 sqft
Property
Parking
- Total spaces: 4
- Parking features: Door-Single, Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Pool features: None
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,240 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7266004047
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Mixed Use
Materials
- Stucco
- Roof: Composition
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
- Subdivision: Alamitos Beach (Ab)
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $402/sqft
- Tax assessed value: $1,352,456
- Annual tax amount: $18,350
- Date on market: 2/25/2026
- Cumulative days on market: 55 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry,Submit
- Inclusions: 4 refrigerators plus all other appliances
- Exclusions: Refrigerators in 2 units (owned by tenant), Mineral Rights
- Total actual rent: 9620
- Tenant pays: Cable TV, Electricity, Pest Control
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Sold | $1,425,000-4.8%$402/sqft |
Source:  CRMLS #PW26037725 Report a problem | ||
| 6/8/2026 | Pending sale | $1,497,000$423/sqft |
Source: CRMLS #PW26037725 Report a problem | ||
| 4/23/2026 | Contingent | $1,497,000$423/sqft |
Source: CRMLS #PW26037725 Report a problem | ||
| 3/19/2026 | Listed for sale | $1,497,000$423/sqft |
Source: CRMLS #PW26037725 Report a problem | ||
| 3/17/2026 | Contingent | $1,497,000$423/sqft |
Source: CRMLS #PW26037725 Report a problem | ||
| 2/25/2026 | Listed for sale | $1,497,000+26%$423/sqft |
Source: CRMLS #PW26037725 Report a problem | ||
| 8/18/2019 | Listing removed | $1,325 |
Source: Zillow Rental Manager Report a problem | ||
| 8/4/2019 | Listed for rent | $1,325+2.3% |
Source: Zillow Rental Manager Report a problem | ||
| 4/25/2019 | Listing removed | $1,295 |
Source: Zillow Rental Manager Report a problem | ||
| 4/17/2019 | Listed for rent | $1,295 |
Source: Zillow Rental Manager Report a problem | ||
| 2/6/2019 | Listing removed | $1,295 |
Source: Zillow Rental Manager Report a problem | ||
| 1/6/2019 | Listed for rent | $1,295 |
Source: Owner Report a problem | ||
| 2/22/2018 | Sold | $1,188,000+44.9%$335/sqft |
Source:  CLAW #17295670 Report a problem | ||
| 10/31/2016 | Sold | $820,000$232/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,350 +4.5% | $1,352,456 +2% |
| 2024 | $17,568 +1.7% | $1,325,952 +2% |
| 2023 | $17,266 +6.5% | $1,299,968 +2% |
| 2022 | $16,210 +2.1% | $1,274,494 +2% |
| 2021 | $15,878 +0.3% | $1,249,519 +1% |
| 2020 | $15,838 | $1,236,715 +2% |
| 2019 | $15,838 +44.1% | $1,212,480 +44.8% |
| 2018 | $10,991 | $837,120 +2.1% |
| 2017 | $10,991 +1.1% | $820,000 +114.7% |
| 2016 | $10,874 +107.8% | $381,872 +1.5% |
| 2015 | $5,234 +4% | $376,137 +2% |
| 2014 | $5,035 | $368,770 +4.5% |
| 2011 | -- | $352,850 +0.8% |
| 2010 | -- | $350,214 -0.2% |
| 2009 | -- | $351,047 +2% |
| 2008 | -- | $344,165 +2% |
| 2007 | -- | $337,418 +2% |
| 2006 | -- | $330,803 +126.2% |
| 2005 | -- | $146,226 +6% |
| 2003 | -- | $137,975 +2% |
| 2002 | -- | $135,270 +4% |
| 2000 | -- | $130,019 |
Find assessor info on the county website
Neighborhood: Hellman
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Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Franklin Classical Middle SchoolGrades: 6-8Distance: 0.2 mi
- 7/10Polytechnic High SchoolGrades: 9-12Distance: 0.8 mi
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- California
- Los Angeles County
- Long Beach
- 90813
- Hellman
- 1050 E Hellman St
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