Great opportunity for first-time investors, savvy investors, and not to forget buyers who are looking to offset their mortgage with rental income. This income producing property includes 4 total units consisting of 3 one-bedroom | one-bath units and 1 two-story, two-bedroom | one and a half-bath unit. There are also approved plans and permits for an ADU to be built inside one of the garages that could add an estimated additional $20K of annual income. Some construction has already been done. Property also features a laundry room, separate gas electric meters, and parking. Property has a tremendous amount of upside.
Property Details
Price:
$1,299,000
MLS #:
24403679
Status:
Active
Baths:
0
Address:
246 E Hullett Street
Type:
Residential Income
Neighborhood:
7northlongbeach
City:
Long Beach
Listed Date:
Jun 13, 2024
State:
CA
ZIP:
90805
Lot Size:
5,964 sqft / 0.14 acres (approx)
Year Built:
1942
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Disposal
Cooling
Wall/ Window Unit(s)
Fireplace Features
Living Room
Flooring
Laminate
Interior Features
Ceiling Fan(s)
Exterior
Garage Spaces
2.00
Parking Features
Converted Garage, Garage – Two Door, Concrete
Parking Spots
4.00
Pool Features
None
Security Features
Gated Community
Spa Features
None
Stories Total
2
View
None
Financial
Tenant Pays
Gas, Electricity, Cable T V
Map
Community
- Address246 E Hullett Street Long Beach CA
- Area7 – North Long Beach
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
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Courtesy of 1917 Brokerage. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.246 E Hullett Street
Long Beach, CA
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