Outstanding 9-Unit Long Beach Investment Opportunity. Strong Cash Flow, Major Upgrades & Long-Term Upside! Discover this professionally managed and income-producing 9-unit apartment building offering excellent curb appeal, strong investment performance, and future upside in one of Long Beach’s established rental neighborhoods. The property features eight 1 bed/1 bath units and one spacious 3 bed/1 bath unit, offering a total of approximately 4,602 sq/ft of living space on a large 8,233 sq/ft lot. Numerous improvements have been completed throughout the property, including updated and renovated units, with two units redesigned to create a more desirable open concept floor plan. Significant capital improvements include upgrades to the main electrical system and individual unit electrical panels, updated drain lines, and a newer roof redone in 2023. Additionally, four attached garages with possible ADU potential for additional rental income (buyer to verify). Impressive investment performance with an approximately 6.7% cap rate and 8.7 GRM. Whether you’re an experienced investor looking to expand your rental portfolio or exploring the possibility of owner occupancy while generating rental income, this property presents an outstanding opportunity to build long term wealth. Conveniently located near Downtown Long Beach, Belmont Shore, popular restaurants, shopping, entertainment, and transportation options. Enjoy the Southern California coastal lifestyle with Alamitos Beach less than a mile away! With its desirable unit mix, substantial improvements, established rental income, and long-term investment potential, this is an opportunity you won’t want to miss. Add this Long Beach income property to your investment portfolio today!
Property Details
Price:
$1,547,000
MLS #:
PW26219871
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Oct 13, 2026
Total Sq Ft:
4,602
Lot Size:
8,233 sqft / 0.19 acres (approx)
Year Built:
1922
See this Listing
Schools
Interior
Heating
WL
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
SDW, SL
Garage Spaces
4
Parking Spots
4
Parking Total
4
Financial
Maintenance Fee
$36,771
Map
Community
- Address1306 E Hellman ST Long Beach CA
- SubdivisionOther (OTHR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Atlantic Plaza APZ
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Shore BSD
- Belmont Shore Condos BSC
- Bixby Highlands BXH
- Bixby Hill BBH
- Bixby Knolls BK
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cherry Manor CM
- Circle CA
- College Park CPZ
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club Villa CCV
- Country Square CSQ
- Crest Gardens CRST
- Crown Pointe CPT
- Del Lago DL
- Downtown DT
- Eastside ES
- Eldorado ELD
- International Towers ITT
- Island Village ISV
- Junipero Gardens JPG
- Kensington Green KG
- La Marina Estates LME
- Lafayette Building LF
- Lakewood Village LKVL
- Lakewood Village LVD
- Lindenwood LWD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Naples NA
- New Bixby NB
- North Long Beach NLB
- Ocean House OCH
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Plaza North of Spring PZN
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- Saint Regis SRG
- Signal Hill SH
- Signal View SGV
- South of Conant Northeast SNE
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- The Galaxy Towers TGT
- The Lakes TLK
- Versailles VRS
- Villa Riviera VLR
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Willow Ridge WD
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
Market Summary
Current real estate data for Single Family in Long Beach as of Oct 15, 2026
1,087
Single Family Listed
73
Avg DOM
474
Avg $ / SqFt
$1,127,503
Avg List Price
Property Summary
- Located in the Other (OTHR) subdivision, 1306 E Hellman ST Long Beach CA is a Single Family for sale in Long Beach, CA, 90813. It is listed for $1,547,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1922. The average price per square foot for Single Family listings in Long Beach is $474. The average listing price for Single Family in Long Beach is $1,127,503.
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1306 E Hellman ST
Long Beach, CA


