246 E Hullett Street
Long Beach, CA 90805
Active for $1,299,000
Beds: 5 Baths: 4 Structure Size: 3,884 sqft Lot Size: 5,964 sqft
MLS | 24403679 |
Year Built | 1942 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $1,299,000 |
Structure Size | 3,884 sqft |
Lot Size | 5,964 sqft |
Beds | 5 |
Baths | 4 |
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.
Listing information courtesy of: Travionte Session, 1917 Brokerage 818-720-0860. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.