$1,547,000

1306 E Hellman St, Long Beach, CA 90813

4,602 sq ft

Listed by Coldwell Banker Envision, Blair Newman
562-822-6532

Status: Active

MLS® #PW26219871

Property description for 1306 E Hellman St, Long Beach, CA 90813

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!

QUICK OVERVIEW

Built in 1922
$336 / Sq Ft
4 parking spaces
Wall Furnace
1 day on website
0.189 acres lot

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Blair Newman

Listing Office Coldwell Banker Envision, 5628091331

Updated Thursday, August 27, 2026 at 3:54:54 PM

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved.

NEIGHBORHOOD

About the Hellman Neighborhood

Hellman is a "jack-of-all-trades" when it comes to the ambience of this part of Long Beach. Hellman is quiet overall, as the streets are generally quite peaceful. It is easy to access green spaces since there are a few of them close by for residents to check out. Finally, this part of the city has numerous areas for those looking for a dynamic vibe. Even though there is a limited selection of entertainment venues, the streets are usually busy with people, and it is very easy to find places to go out at night since they are well-distributed throughout the area.

Learn more about Hellman

Groceries

Exceptional variety of groceries within a few minutes' walk

Restaurants

Wide variety of restaurants within a few minutes’ walk

Daycares

At least one daycare within a very short walk

Nightlife

Wide variety of bars within a few minutes' walk

Cafes

Wide variety of cafés within a few minutes’ walk

CLIMATE RISK FOR 90813

PROPERTY HISTORY FOR 1306 E HELLMAN ST

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1306 E Hellman St, Long Beach, CA 90813

Property description for 1306 E Hellman St, Long Beach, CA 90813

QUICK OVERVIEW

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

NEIGHBORHOOD

CLIMATE RISK FOR 90813

PROPERTY HISTORY FOR 1306 E HELLMAN ST

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