1130 E Hellman Street

8

This newly renovated 6 unit building is a strong investment opportunity. Located in the North Alamitos Beach neighborhood of Long Beach, all 6 units were completely remodeled down to the studs and have new floors, kitchens, countertops, bathrooms, appliances and laundry inside. Each unit is a 1 Bed, 1 Bath with all the quality finishes pictured here. Included are 4 rent-producing garages with new garage doors and fresh paint throughout. This is a great income property currently operating at a Cap rate of 5.4% and reliable occupied tenants with long term 12 month leases. Property is a short drive from a robust downtown area with shopping and theaters, Alamitos Beach, the historic Queen Mary, the convention center, colleges, golf courses and freeways. Please do not disturb tenants. Contact agent for showings. Thank you!
Other | For Sale | 2640 SF | 5920 SF Lot | Built 1923 | MLS# NP19048379 | 4 Garage Spaces | 4 Parking Spaces

For Sale  $1,275,000

Walkscore

90
Very Walkable

Features

Garage Spaces: 4 | Parking Spaces: 4 | Pool: Yes

DRE# 02032582

27489 Agoura Road, Suite
Agoura Hills, CA 91301

818.661.4661
Info@addressrealestate.com

Meet Bud

Bud Mastropaolo

Agent | DRE# 01976149
949.287.5535
BudM@AddressRealEstate.com

Bud loves his work and genuinely cares about his clients; and it shows. He is humbled by his many praises, like “You changed my mind about realtors” and &l... read more