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Long Beach Multifamily Investment
For Sale
$1,245,000

246 E Hullett St, Long Beach, CA 90805

Four-unit apartment building in vibrant Long Beach, California.

Days on Market101

Property Features for 246 E Hullett St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1942
Listing Agency: Morgan Skenderian Investment Real Estate Group
Listed By: Peter Gillin · License #01433769
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 11:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Morgan Skenderian Investment Real Estate Group

Investment Insights

Based on property information with market context.

Located in Long Beach, California, this four-unit apartment building was constructed in 1942. The property features spacious one- and two-bedroom units. An on-site laundry facility and four garage spaces are available for tenant use. As of March 1, 2026, the two-bedroom unit is vacant and in excellent condition, featuring washer and dryer hookups and direct access to a two-car garage. The location provides residents with convenient access to retail amenities, including Trader Joe’s, banks, and eateries in Bixby Knolls. Commuting is facilitated by access to the 91, 710, and 405 Freeways. The property offers potential for value appreciation and future cash flow through unit renovations and rent increases. The location has a bike score of 78, indicating it is very bikeable, and a walk score of 77, indicating it is very walkable. The transit score is 45, indicating some transit options are available.

Key Highlights

  • Vacant Two‑Bedroom Unit (Available as of March 1, 2026)
  • Direct Access to a Two‑Car Garage
  • Excellent Condition with Washer/Dryer Hookups

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

837
Businesses Nearby

Demographics for 90805, CA

95,350
Population
28,954
Households
3.3
Avg Household Size
34
Median Age
18%
College-Educated
74%
High-School Grad
7.4 sq mi
ZIP Area
12,885
Density / Sq Mi
$68,615
Median Household Income
$34,948
Median Earnings
$1,664
Median Rent
$588,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit apartment building in vibrant Long Beach, California.
Where is this quadplex located?
The property is located at 246 E Hullett St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: Vacant Two‑Bedroom Unit (Available as of March 1, 2026); Direct Access to a Two‑Car Garage; Excellent Condition with Washer/Dryer Hookups
More about this property
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