NOT LISTED FOR SALE

1089 E 7th St Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $926,000 - $1,051,000

6 Beds
4 Baths
3,020 Sq Ft
$332/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2016

Last sale price $567,000 $188 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,216 / mo

43 Days on Market

Highlights

  • Dual Staircase
  • Corner Lot
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Private Yard
  • 4-minute walk to Craftsman Village Park

About This Home

As of September 2016

**PRICE SLASHED ON THIS CORNER LOT 4-PLEX** TWO 2-BEDROOM UNITS UPSTAIRS AND TWO 1-BEDROOM UNITS DOWNSTAIRS. LOOKING FOR THE RIGHT INVESTOR THAT HAS THE KNOW HOW IN GETTING THIS PROPERTY TO IT'S FULL POTENTIAL.
GREAT OPPORTUNITY TO BUILD UP QUICK EQUITY.

Last Agent to Sell the Property

Gary Cordova

Cordova Realty Management License #00549761 Listed on: 06/20/2016

Last Buyer's Agent

Kory Jackson

eXp Realty of California Inc License #01315324

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 2,592 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Paved or Partially Paved Lot
  • Private Yard

Home Design

  • Property Attached

Interior Spaces

  • 3,020 Sq Ft Home
  • 2-Story Property
  • Dual Staircase

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 5764
  • Assessor Parcel Number 7266005024

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,000
  • Net Operating Income $34,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

2,592 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Property Type: Residential Income
  • Parcel Number: 7266005024
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 187.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Corner Lot, Yard
  • Lot Size Sq Ft: 2592.00
  • Price Per Lot Square Foot: 231.44

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Net Operating Income: 34000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense Percent: 29.00
  • Rent Control: No

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 5764

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Bought by
Current Estimated Value
$1,003,040

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 17, 2016
Sold by
Bought by
Seller's Agent
Gary Cordova
Cordova Realty Management
Buyer's Agent
Kory Jackson
eXp Realty of California Inc
List Price
$775,000
Sold Price
$567,000
Premium/Discount to List
-$208,000
-26.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$453,600
Interest Rate
0.0343%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 9, 2016
Sold by
Bought by
Seller's Agent
Gary Cordova
Cordova Realty Management
Buyer's Agent
Kory Jackson
eXp Realty of California Inc
List Price
$775,000
Sold Price
$567,000
Premium/Discount to List
-$208,000
-26.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,600
Interest Rate
0.0343%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
0.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
0.0725%

Purchase Details

Closed on
Feb 21, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 20, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 28, 2000
Sold by
Bought by

Purchase Details

Closed on
Jan 7, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 30, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase 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 Buyer Sale Price Title Company
-- None Listed On Document
-- Chicago Title Company
$567,000 Chicago Title Company
-- None Available
-- Investors Title Company
$450,000 Investors Title Company
$300,000 First Southwestern Title Co
-- Landsafe Title
$285,063 Landsafe Title
-- --
$280,000 Fidelity National Title Co
-- --
$127,000 Chicago Title Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $748,000
Previous Owner $737,750
Previous Owner $707,000
Previous Owner $697,500
Previous Owner $567,000
Previous Owner $453,600
Previous Owner $367,300
Previous Owner $420,000
Previous Owner $315,000
Previous Owner $240,000
Source: Public Records

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
09/30/2016 09/30/16 Sold $567,000 -5.5% $188 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/22/2016 07/22/16 Price Changed $599,900 -22.6% $199 / Sq Ft
06/20/2016 06/20/16 For Sale $775,000 -- $257 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,200 $658,045 $464,232 $193,813
2024 $8,790 $645,143 $455,130 $190,013
2023 $8,637 $632,494 $446,206 $186,288
2022 $8,116 $620,093 $437,457 $182,636
2021 $7,939 $607,935 $428,880 $179,055
2019 $7,825 $589,906 $416,160 $173,746
2018 $7,611 $578,340 $408,000 $170,340
2016 $6,818 $540,462 $324,278 $216,184
2015 $6,551 $532,345 $319,408 $212,937
2014 $6,519 $521,918 $313,152 $208,766
Source: Public Records

Agents Affiliated with this Home

  • Gary Cordova

    Seller's Agent in 2016

    Gary Cordova

    Cordova Realty Management

    (562) 809-0996

    2 Total Sales

    Gary Cordova
    Section Image
  • Kory Jackson

    Buyer's Agent in 2016

    Kory Jackson

    eXp Realty of California Inc

    (310) 717-3720

    32 Total Sales

    Kory Jackson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16133258

California Regional Multiple Listing Service (CRMLS)

APN: 7266-005-024

California Los Angeles County Long Beach 90802 Hellman

1089 E 7th St, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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