$1,245,000
-$30,000246 E Hullett Street, Long Beach CA 90805
Multi-Family (Fourplex)
Property type
175 days
On market
$321
Price per sqft
4 cars
Garage
1942
Year built
5,956 sqft
Lot size
Open Houses
Overview
THE TWO BEDROOM UNIT IS NOW VACANT. This unit is in excellent condition, with W/D Hookups and direct access to a two-car garage. Pleased to present 246 East Hullett Street, a secure 4-unit apartment building in the heart of vibrant Long Beach, California. Built in 1942, the property consists of spacious one- & two-bedroom units. For added convenience, the property...
Listing provided by: Peter Gillin DRE #01433769 949-630-0592, Morgan Skenderian
Listing updated: May 29, 2026 at 12:44am.
Last checked: Jun 2, 2026 at 10:00am
Source: CRMLS #PW25274680
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $1,495 | $1,495 | $2,200 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,800 | $2,800 | $3,100 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,695 | $1,695 | $2,200 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,000 | $1,000 | $2,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 5
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Total Actual Rent: $6,990
Financial Snapshot
Gross Rent Multiplier
14.8x
List Price / Annual Gross Rent
Cap Rate
3.84%
NOI / List Price
Gross Scheduled Income: $83,880
Vacancy Allowance: $2,516
Operating Expense: $33,592
Net Operating Income: $47,770
Annual Operating Expenses
Electric: $1,000
Gardener: $1,200
Fuel: $1,000
Insurance: $3,884
Maintenance: $6,710
New Taxes: $16,798
Trash: $1,000
Water / Sewer: $1,000
Other Expense: $1,000
Interior
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Rectangular Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7125030011
Additional Parcels: No
Tax Lot: 19
Tax Block: 16
Subdivision: North Long Beach (NLB)
Community
Senior Community: No
Community Features: Curbs, Gutters, Sidewalks
Nearby Schools
Nearby schools around the 246 E Hullett Street, Long Beach, CA 90805. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$996,000
Total Interest
$1,270,343
Total Payment
$2,266,343
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,742
per month
Property History for 246 E Hullett Street
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90805.
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