Seller's Agent in 2021
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
5 in this area
76 Total Sales
1350 E Hellman St Long Beach, CA 90813
Hellman Neighborhood
1
Bed
2
Baths
4,100
Sq Ft
8,097
Sq Ft Lot
Highlights
- 0.19 Acre Lot
- Laundry Room
- 4-minute walk to Craftsman Village Park
- Long Beach Polytechnic High School Rated A
About This Home
As of June 20211350 E Hellman Street is a 9-unit apartment building in highly desirable N. Alamitos Beach. The property features a desirable mix of (4) one bedroom / one bathroom and (5) studio units. There are (5) garages with additional parking spaces. The asset is separately metered for gas and electric.
Located in North Alamitos Beach in a historic district, the property has a 93 Walk Score, is walkable to amenities along 4th Street / Retro Row and in close proximity to East Village Arts District. Offered at a 5.11% cap rate on actuals, 1350 E. Hellman provides a new buyer an attractive in-place income with value to be added.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 02/24/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 8,097 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 3 Open Parking Spaces
- 5 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,100 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 3 / A
- Tax Tract Number 5764
- Assessor Parcel Number 7266001002
Community Details
Overview
- 2 Buildings
- 9 Units
- Alamitos Beach Subdivision
Building Details
- Rent Control
- 6 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,351
- Fuel Expense $1,351
- Gardener Expense $1,500
- Insurance Expense $2,518
- Maintenance Expense $6,300
- Other Expense $2,250
- Pest Control $600
- Professional Management Expense $6,715
- Trash Expense $1,351
- Water Sewer Expense $1,351
- New Taxes Expense $21,639
- Operating Expense $47,924
- Gross Income $134,292
- Net Operating Income $86,368
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
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2021 06/11/21 | Sold | $1,690,000 | 0.0% | $412 / Sq Ft | |
| 06/11/2021 06/11/21 | Pending | -- | -- | -- | |
| 02/24/2021 02/24/21 | For Sale | $1,690,000 | +64.1% | $412 / Sq Ft | |
| 07/05/2018 07/05/18 | Sold | $1,030,000 | -10.0% | $251 / Sq Ft | View Prior Sale |
| 06/01/2018 06/01/18 | Pending | -- | -- | -- | |
| 05/22/2018 05/22/18 | For Sale | $1,145,000 | -- | $279 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Robert Stepp
-
NoEmail NoEmail
N
Buyer's Agent in 2021
NoEmail NoEmail
None MRML
(646) 541-2551
2 in this area
6,161 Total Sales
-
Lorri Quiett
Seller's Agent in 2018
Lorri Quiett
Vylla Home, Inc.
(562) 682-3130
127 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21038585
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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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