NOT LISTED FOR SALE

1120 E Hellman St Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $1,222,000 - $1,455,911

3 Beds
4 Baths
2,127 Sq Ft
$645/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $550,000 $259 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $7,912/month

206 Days on Market

About This Home

As of March 2014

Standard Sale!!! Excellent opportunity to purchase a multi-family 4-unit income property! There is 3 units with 1 bed/1 bath PLUS 1 studio apt over 3 garages. Convenient location- supermarket, school, restaurants, and walking distance from the beach. DO NOT DISTURB TENANTS. This Offers subject to inspection.

Last Agent to Sell the Property

Thomas Garcia

Nationwide Real Estate Execs License #01927019 Listed on: 12/18/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,967 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,127 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 108
  • Assessor Parcel Number 7266003007

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $735
  • Trash Expense $900
  • Water Sewer Expense $2,000
  • New Taxes Expense $6,875
  • Gross Income $3,250
  • Net Operating Income $31,377

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Property Type: Residential Income
  • Parcel Number: 7266003007
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 258.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6967.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 3250.00
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 735.00
  • Lot Size Area: 6967.0000 Square Feet
  • Net Operating Income: 31377.00
  • Number Of Rented Garages: 3
  • 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: 7623.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Lot: 6
  • Tax Tract Number: 108
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2024
Sold by
Oh Jenny
Bought by
Cabrera Juan J Rivera and Rivera Alonso
Current Estimated Value
$1,372,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,042,500
Outstanding Balance
$1,030,475
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$342,003

Purchase Details

Closed on
Aug 19, 2024
Sold by
Castillo Mayra Silvia Anardo
Bought by
Cabrera Juan J Rivera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,042,500
Outstanding Balance
$1,030,475
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$342,003

Purchase Details

Listed on
Dec 18, 2013
Closed on
Feb 11, 2014
Sold by
Nino Alberto and Nino Susana
Bought by
Oh Jenny
Seller's Agent
Thomas Garcia
Nationwide Real Estate Execs
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$308,000
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2002
Sold by
Nino Susana and Medina Susanna
Bought by
Nino Alberto and Nino Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
9.25%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Lamorte Ronald T and La Morte Robert F
Bought by
Medina Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,755
Interest Rate
7.34%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Cabrera Juan J Rivera $1,390,000 Pacific Coast Title
Cabrera Juan J Rivera -- Pacific Coast Title
Oh Jenny $440,000 Priority Title Company
Nino Alberto -- First American Title Co
Medina Susanna $158,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Juan J Rivera $1,042,500
Previous Owner Oh Jenny $308,000
Previous Owner Nino Alberto $216,000
Previous Owner Medina Susanna $154,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $550,000 0.0% $259 / Sq Ft
02/07/2014 02/07/14 Pending -- -- --
07/16/2013 07/16/13 For Sale $550,000 -- $259 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $8,655 $1,390,000 $900,000 $490,000
2024 $8,655 $624,371 $372,560 $251,811
2023 $8,507 $612,129 $365,255 $246,874
2022 $8,001 $600,128 $358,094 $242,034
2021 $7,829 $588,362 $351,073 $237,289
2020 $7,809 $582,330 $347,474 $234,856
2019 $7,719 $570,912 $340,661 $230,251
2018 $6,831 $512,698 $333,982 $178,716
2016 $6,287 $492,791 $321,014 $171,777
2015 $5,611 $448,790 $316,193 $132,597
2014 $2,660 $182,347 $110,713 $71,634
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Thomas Garcia

    Nationwide Real Estate Execs

  • N

    Buyer's Agent in 2014

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    6,159 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13139491

California Regional Multiple Listing Service (CRMLS)

APN: 7266-003-007

California Los Angeles County Long Beach 90813 Hellman

1120 E Hellman St, Long Beach, CA

Not Listed for Sale

MultiFamily

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