Seller's Agent in 2024
Coral Romero
Good Opportunity Company Inc.
(323) 395-6485
2 in this area
32 Total Sales
1124 E Hellman St Long Beach, CA 90813
Hellman NeighborhoodEstimated Value: $1,333,000 - $1,458,000
10
Beds
5
Baths
3,000
Sq Ft
$462/Sq Ft
Est. Value
Highlights
- Fishing
- Property is near public transit
- Bike Trail
- Long Beach Polytechnic High School Rated A
- 3 Car Garage
- 2-minute walk to Craftsman Village Park
About This Home
As of September 2024Back on the Market 07/05/2024. California Dreamin' Own a Piece of the Future in Long Beach!
This captivating detached fourplex offers a unique opportunity for investors and owner-occupants alike. Nestled in the heart of vibrant Downtown, Long Beach, this California Bungalow property boasts an approx. 3,000 square feet, a fantastic walkable location near the Beach and 3 individual Garages+
The crown jewel is the stunning main house, newly remodel in 2017. This 4-bedroom, 2-bathroom residence offers modern living with a touch of classic California charm. Perfect for an owner-occupant, it provides a comfortable and stylish home base.
But that's not all! Three additional units, each with 2 bedrooms and 1 bathroom, create a steady rental income stream. With one unit currently vacant, this property presents an ideal scenario for first-time homebuyers seeking an FHA financing option or a savvy investor looking to expand their portfolio.
The cherry on top? This exceptional property resides in an Opportunity Zone, offering potential tax benefits.
Don't miss this chance to own a piece of the future in a thriving community! Contact us today to schedule a showing.
Last Agent to Sell the Property
Good Opportunity Company Inc. Brokerage Phone: 323-395-6485 License #01914785 Listed on: 05/13/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,969 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,000 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Bathrooms
Laundry
- Laundry in unit
- Gas And Electric Dryer Hookup
Location
- Property is near public transit
- Urban Location
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 6
- Tax Tract Number 1
- Assessor Parcel Number 7266003007
- $8,506 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 4 Units
- Downtown Subdivision
Recreation
- Fishing
- Dog Park
- Bike Trail
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,173
- Trash Expense $616
- Water Sewer Expense $4,560
- Operating Expense $5,794
- Gross Income $137,956
- Net Operating Income $68,429
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
Listed on
May 13, 2024
Closed on
Aug 22, 2024
Sold by
Bought by
Seller's Agent
Coral Romero
Good Opportunity Company Inc.
Buyer's Agent
Jesse Blanchet
New Century Realtors
List Price
$1,390,000
Sold Price
$1,390,000
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,874
Avg. Annual Appreciation
-0.15%
Original Mortgage
$1,042,500
Interest Rate
0.0677%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 13, 2024
Closed on
Aug 19, 2024
Sold by
Bought by
Seller's Agent
Coral Romero
Good Opportunity Company Inc.
Buyer's Agent
Jesse Blanchet
New Century Realtors
List Price
$1,390,000
Sold Price
$1,390,000
Views
12
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
Interest Rate
0.0677%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 11, 2014
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
$308,000
Interest Rate
0.0434%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 28, 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
$216,000
Interest Rate
0.0925%
Purchase Details
Closed on
Jul 24, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,390,000 | Pacific Coast Title | ||
| -- | Pacific Coast Title | ||
| $440,000 | Priority Title Company | ||
| -- | First American Title Co | ||
| $158,000 | North American 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 |
|---|---|---|---|
| Open | $1,042,500 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $299,000 | ||
| Previous Owner | $302,600 | ||
| Previous Owner | $308,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $232,000 | ||
| Previous Owner | $216,000 |
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 |
|---|---|---|---|---|
| 09/03/2024 09/03/24 | Sold | $1,390,000 | 0.0% | $463 / Sq Ft |
| 07/25/2024 07/25/24 | Pending | -- | -- | -- |
| 07/05/2024 07/05/24 | For Sale | $1,390,000 | 0.0% | $463 / Sq Ft |
| 05/30/2024 05/30/24 | Pending | -- | -- | -- |
| 05/13/2024 05/13/24 | For Sale | $1,390,000 | -- | $463 / 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 | $18,604 | $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
-
Coral Romero
-
Jesse Blanchet
Buyer's Agent in 2024
Jesse Blanchet
New Century Realtors
(714) 235-2747
2 in this area
59 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24096231
APN: 7266-003-007
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.
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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