Cassidy Tutt
WGroup Realtors
(562) 553-8110
43 Total Sales
1 in Hellman
$980,000 Price
1056 Walnut Ave Long Beach, CA 90813
Hellman Neighborhood
19
Beds
9
Baths
6,892
Sq Ft
6,085
Sq Ft Lot
About This Home
As of September 2021New Financials!! Building is now operating at a 4.56% Cap Rate with Upside! | Capital Improvements & Renovated Units - The building features new paint, new windows and three units have been slightly renovated. | Attractive New Debt Available - Historically low interest rates allow strong returns day 1. | Desirable Unit Mix - The buildings units comprise of (1) 1 bed / 1 bath, (6) 2 beds / 1 bath and (2) 3 bed / 1 bath. | Gentrifying Long Beach Location | Located East of Alamitos Ave and South of Anaheim St, the asset lies about 1.5 miles from Alamitos Beach and about 2.5 miles from Belmont Shore.
Last Agent to Sell the Property
BRC Advisors- BH License #02002695 Listed on: 04/07/2021
Last Buyer's Agent
Joseph Finkelstein
Buckingham Investments, Inc License #02119882
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 6,085 Sq Ft Lot
Parking
- 1 Open Parking Space
- 5 Car Garage
Home Design
- Stucco
Interior Spaces
- 6,892 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 19 Bedrooms
- 9 Bathrooms
Community Details
- 9 Units
- Laundry Facilities
- Vacancy Allowance $5,350
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for water, gardener
- Assessor Parcel Number 7267-011-001
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hellman, CA
-
Cassidy Tutt
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
180 Total Sales
1 in Hellman
$525,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
120 Total Sales
1 in Hellman
$697,920 Price
-
Dave Smith
Dave Smith
REMAX Professionals
(424) 373-7838
75 Total Sales
2 in Hellman
$375,000 Price Range
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
237 Total Sales
1 in Hellman
$850,000 Price
-
Rory Cochrane
Rory Cochrane
West Shores Realty, Inc.
(424) 372-8596
5 Total Sales
2 in Hellman
$501,000 Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2021 09/30/21 | Sold | $2,500,000 | -2.0% | $363 / Sq Ft |
| 06/29/2021 06/29/21 | Pending | -- | -- | -- |
| 04/07/2021 04/07/21 | For Sale | $2,550,000 | -- | $370 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,586 | $2,653,020 | $1,724,463 | $928,557 |
| 2024 | $34,038 | $2,601,000 | $1,690,650 | $910,350 |
| 2023 | $33,461 | $2,550,000 | $1,657,500 | $892,500 |
| 2022 | $31,403 | $2,500,000 | $1,625,000 | $875,000 |
| 2021 | $23,669 | $1,855,020 | $1,236,680 | $618,340 |
| 2019 | $16,959 | $1,273,928 | $891,414 | $382,514 |
| 2018 | $16,488 | $1,248,960 | $873,936 | $375,024 |
| 2016 | $16,312 | $1,300,000 | $910,000 | $390,000 |
| 2015 | $13,920 | $1,125,000 | $790,000 | $335,000 |
| 2014 | $10,524 | $809,970 | $564,366 | $245,604 |
Source: Public Records
Agents Affiliated with this Home
-
John Katnik
Seller's Agent in 2021
John Katnik
BRC Advisors- BH
(310) 956-2291
1 in this area
68 Total Sales
-
J
Buyer's Agent in 2021
Joseph Finkelstein
Buckingham Investments, Inc
Map
Source: The MLS
MLS Number: 21-716000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 1083 Gaviota Ave
- 1050 Gaviota Ave
- 1100 Walnut Ave Unit 6
- 1111 Walnut Ave
- 1061 N Minerva Park
- 932 Walnut Ave
- 933 Walnut Ave
- 1200 Gaviota Ave Unit 104
- 1200 Gaviota Ave Unit 204
- 1040 N Almond Ct
- 1001 Cherry Ave Unit 107
- 1081 Cherry Ave
- 1101 Cherry Ave
- 1326 E 9th St
- 1323 Walnut Ave
- 1036 Cherry Ave
- 1060 Cherry Ave Unit A & B
- 755 Gaviota Ave
- 1443 E 7th St
- 1036 Saint Louis Ave
- 1048 Walnut Ave
- 1046 Walnut Ave
- 1038 Walnut Ave
- 1053 Gaviota Ave
- 1059 Gaviota Ave
- 1041 Gaviota Ave
- 1065 Gaviota Ave
- 1039 Gaviota Ave
- 1049 Walnut Ave
- 1045 Walnut Ave
- 1084 Walnut Ave
- 1022 Walnut Ave
- 1077 Gaviota Ave
- 1033 Gaviota Ave
- 1033 Walnut Ave
- 1090 Walnut Ave
- 1090 Walnut Ave Unit 7
- 1090 Walnut Ave Unit 5
- 1075 Walnut Ave
- 1025 Gaviota Ave
Your Personal Tour Guide
Ask me questions while you tour the home.