1524 E Hellman St, Long Beach, CA 90813

Property Description

Amazing opportunity for the savvy investor and would-be new homeowner! Located in the CRAFTSMAN VILLAGE HISTORIC DISTRICT, this iconic 3-unit property (with addresses 1524, 1526 and 1530) is comprised of two 1-bedroom/1-bath cottages and one two-story home that's 4-bedooms/2-baths on a spacious 6,975 SF lot. All are equipped with full bathrooms and tankless water heaters. Both the front and middle cottages come with mini-split HVAC systems and electric range/ovens. A solar energy system was added to the property in 2016. The middle cottage (1526) has a brand new roof that's barely days old. Per seller, roof age of the front cottage (1524) is around 10 years. The back house has a modern vibe with a homey feel. It's well-maintained, has a tastefully remodeled living area and kitchen and updated with Central A/C and Heating! One more big plus is the main floor bedroom and bathroom! A new roof was also installed around the year 2020. Property has a garage with 2 single doors. Coin-operated washer & dryer in the garage. Cottages will be delivered tenant-occupied and the back house will be delivered vacant. All in all, with a strong rental upside and many features, this 1524-1530 triplex will deliver positive benefits for the new property owner/investor. Sold in its present condition.