NOT LISTED FOR SALE

1159 E 10th St Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $1,231,785 - $1,386,000

12 Beds
4 Baths
4,104 Sq Ft
$314/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $1,102,600 $269 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,077/month

5 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wood Fence
  • Long Beach Polytechnic High School Rated A
  • 4 Detached Carport Spaces
  • 2-minute walk to Craftsman Village Park

About This Home

As of April 2023

Wonderful income property with lots of upside. Four units, all 3/1 and , three are occupied and tenants are MTM. One will be delivered vacant. All units have 1 carport space, and inside gas laundry hookups. Tenants pay gas and electricity plus 20% water.

Last Agent to Sell the Property

Costanza Genoese Zerbi

eXp Realty of Greater Los Angeles License #01941438 Listed on: 03/09/2023

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,222

Year Built

  • Built in 1977

Lot Details

  • 7,488 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Chain Link Fence
  • No Landscaping
  • Level Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available
  • Private Parking
  • Paved Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Legal Lot and Block 21 / B
  • Tax Tract Number 11933
  • Assessor Parcel Number 7267006024
  • $979 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Downtown Subdivision

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $940
  • Insurance Expense $1,500
  • Maintenance Expense $1,100
  • Other Expense $4,500
  • Trash Expense $330
  • Water Sewer Expense $2,037
  • Operating Expense $5,907
  • Gross Income $66,000
  • Net Operating Income $60,093

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,222

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 249998
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 2037.00
  • Zoning: LBR4N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 940.00
  • Parcel Number: 7267006024
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 268.66

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport, Concrete, On Site, Private, Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 330.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, No Landscaping
  • Lot Size Sq Ft: 7488.00
  • Lot Size Acres: 0.1719

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 66000.00
  • Gross Scheduled Income: 66000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7488.0000 Square Feet
  • Maintenance Expense: 1100.00
  • Net Operating Income: 60093.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 5907.00
  • Other Expense: 4500.00
  • Other Expense Description: admin
  • Rent Control: Yes
  • Total Actual Rent: 43800.00
  • Total Expenses: 5907.00

Tax Info

  • Tax Area: 11933
  • Tax Block: B
  • Tax Census Tract: 5764.01
  • Tax Lot: 21
  • Tax Tract: 11933
  • Tax Tract Number: 11933
  • TaxOtherAnnualAssessmentAmount: 979.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Mar 20, 2023
Sold by
Ronald L Munson Exemption Trust
Bought by
New Caprica Llc
Seller's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
Buyer's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$999,990
Sold Price
$1,102,600
Premium/Discount to List
$102,610
10.26%
Views
35
Current Estimated Value
$1,289,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,596
Avg. Annual Appreciation
4.47%
Original Mortgage
$728,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Munson Sharon E
Bought by
Munson Sharon E and Ronald L Munson Exemption Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2006
Sold by
Munson Sharon E
Bought by
Munson Sharon E and Ronald L Munson Exemption Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 2005
Sold by
Munson Sharon E and Munson Living Trust
Bought by
Munson Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,500
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
New Caprica Llc $1,103,000 Fidelity National Title
Munson Sharon E -- Accommodation
Munson Sharon E -- Western Resources Title
Munson Sharon E -- First American Title Co
Munson Sharon E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 10Th 1155 Llc $1,980,000
Closed New Caprica Llc $728,000
Previous Owner Munson Sharon E $300,000
Previous Owner Munson Sharon E $176,500
Closed New Caprica Llc $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $1,102,600 +10.3% $269 / Sq Ft
03/15/2023 03/15/23 For Sale $999,990 -9.3% $244 / Sq Ft
03/14/2023 03/14/23 Off Market $1,102,600 -- --
03/14/2023 03/14/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $999,990 -- $244 / 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 $15,222 $1,147,561 $728,280 $419,281
2024 $15,222 $1,125,060 $714,000 $411,060
2023 $7,737 $541,085 $216,431 $324,654
2022 $7,287 $530,477 $212,188 $318,289
2021 $7,120 $520,077 $208,028 $312,049
2019 $7,020 $504,653 $201,858 $302,795
2018 $6,707 $494,758 $197,900 $296,858
2016 $6,157 $475,548 $190,216 $285,332
2015 $5,921 $468,406 $187,359 $281,047
2014 $5,898 $459,231 $183,689 $275,542
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Costanza Genoese Zerbi

    eXp Realty of Greater Los Angeles

    (562) 221-4527

    4 in this area

    356 Total Sales

    Costanza Genoese Zerbi
    Section Image
  • Cameron Samimi

    Buyer's Agent in 2023

    Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

    (310) 259-7556

    4 in this area

    189 Total Sales

    Cameron Samimi
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23038802

California Regional Multiple Listing Service (CRMLS)

APN: 7267-006-024

California Los Angeles County Long Beach 90813 Hellman

1159 E 10th St, Long Beach, CA

This home is located at 1159 E 10th St, Long Beach, CA 90813 since 09 March 2023 and is currently estimated at $1,289,196, approximately $314 per square foot. This property was built in 1977. 1159 E 10th St is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

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

Nearby Homes