NOT LISTED FOR SALE

1214 E Hellman St Unit 8 Long Beach, CA 90813

Hellman Neighborhood
5 Beds
4 Baths
5,600 Sq Ft
6,103 Sq Ft Lot

Last Sold December 06, 2021

Last sale price $2,035,000 $363 Per Sq Ft

141 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 2-minute walk to Craftsman Village Park

About This Home

As of December 2021

For sale is 2 buildings . Total of 8 units ( 1214 e Hellman st #A,#B#C#D Long Beach .760,762,764,766 orange Ave Long Beach )3 of one bedroom . 5 of 2 bedrooms . All upgraded . Well kept . Fully furnished operated as furnished monthly based rental home .excellent incomes(over $20k monthly ) sale price not include furnitures.. Washer dryer . .

Last Agent to Sell the Property

Dong Gutierrez

DYNASTY REAL ESTATE License #01884126 Listed on: 04/22/2021

DYNASTY  REAL ESTATE

Last Buyer's Agent

Nina Le

Buckingham Investments, Inc License #02126566

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,103 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Self-Cleaning Oven
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1328
  • Assessor Parcel Number 7266002001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $4,500
  • Insurance Expense $4,750
  • Professional Management Expense $1,200
  • Trash Expense $1,230
  • Water Sewer Expense $768
  • New Taxes Expense $8,800
  • Operating Expense $23,000
  • Gross Income $5,000
  • Net Operating Income $180,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 249986
  • Professional Management Expense: 1200.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 768.00
  • Zoning: LBR2N
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7266002001
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 363.39
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven
  • Heating Type: Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1230.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6103.00
  • Lot Size Acres: 0.1401

Rental Info

  • Tenant Pays: None

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Average Studio Area: 800 Square Feet
  • Electric Expense: 4500.00
  • Gross Income: 5000.00
  • Gross Scheduled Income: 240000.00
  • Insurance Expense: 4750.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 5000.00
  • Lot Size Area: 6103.0000 Square Feet
  • Net Operating Income: 180000.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Disposal: 8
  • Number With Refrigerator: 8
  • Operating Expense: 1240.00
  • Rent Control: No
  • Total Expenses: 23000.00

Tax Info

  • New Taxes Expense: 8800.00
  • Tax Census Tract: 5764.02
  • Tax Lot: 1
  • Tax Tract Number: 1328

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

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $2,035,000 +1.8% $363 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/29/2021 08/29/21 Price Changed $1,999,888 0.0% $357 / Sq Ft
08/19/2021 08/19/21 For Sale $1,999,880 -1.7% $357 / Sq Ft
08/01/2021 08/01/21 Off Market $2,035,000 -- --
07/26/2021 07/26/21 Price Changed $1,999,880 0.0% $357 / Sq Ft
06/18/2021 06/18/21 Price Changed $1,999,888 -19.6% $357 / Sq Ft
05/14/2021 05/14/21 Price Changed $2,488,888 +8.7% $444 / Sq Ft
05/06/2021 05/06/21 Price Changed $2,288,888 -7.7% $409 / Sq Ft
04/22/2021 04/22/21 For Sale $2,480,000 -- $443 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21060641

California Regional Multiple Listing Service (CRMLS)