Skip To Content

246 E Hullett Street

Long Beach, CA 90805
  • $1,299,000
  • STATUS: Active
  • ON SITE: 140 Days
  • ID#: 24403679
UPDATED: 22 min ago
$1,299,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,884
    SQFT
  • $334
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

School District:
Listing Agent(s): Travionte Session of 1917 Brokerage (866-460-1917)


Description

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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-01T19:35:40.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
www.cfc-realty.com/homes/151650788
Print Image

246 E Hullett Street Long Beach, CA 90805

  • Price: $1,299,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 22 min ago
  • ID#: 24403679
5
Beds
0
Baths
0
½ Baths
0.14
Acres
3,884
SQFT
$334
$/SQFT
1942
Built
Neighborhood:
7 - North Long Beach
County:
Los Angeles
Area:
7 - North Long Beach
School District:
Long Beach Unified
Property Description
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.
Exterior Features

Architectural Style Bungalow Direction Faces North Entry Location Main Level Open Parking Spaces 2 Parking Features Converted GarageConcreteDoor-MultiGarage Parking Total 4 Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Disposal Cooling Wall/Window Unit(s) Cooling YN Yes Door Features Double Door Entry Fireplace Features Living Room Fireplace YN Yes Flooring Laminate Interior Features Ceiling Fan(s)

Property Features

Association YN No Community Features Gated Electric Expense 750 Garage YN Yes Gross Income 81600 Insurance Expense 2000 Land Lease YN No Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 60935 New Construction YN No New Taxes Expense 15315 Possession Close Of Escrow Property Condition Updated/Remodeled Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Trash Expense 1000 Vacancy Allowance Rate 0 Water Sewer Expense 1000 Zoning LBR1N



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-01T19:35:40.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or CFC Realty, Inc. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372913279-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372913279-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372913279-2.jpg
Logo
CFC Realty, Inc
931 Pueblo Drive
Lake Havasu City AZ, 86406
Listing Agent(s): Travionte Session of 1917 Brokerage (866-460-1917)