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

  • 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $27,832 $2,159,557 $1,379,570 $779,987
2024 $27,832 $2,117,214 $1,352,520 $764,694
2023 $27,358 $2,075,700 $1,326,000 $749,700
2022 $25,679 $2,035,000 $1,300,000 $735,000
2021 $6,819 $455,346 $172,713 $282,633
2019 $6,721 $442,842 $167,592 $275,250
2018 $6,474 $434,179 $164,306 $269,873
2016 $5,945 $416,360 $157,927 $258,433
2015 $5,730 $938,381 $652,787 $285,594
2014 $11,622 $920,000 $640,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21060641

California Regional Multiple Listing Service (CRMLS)