
1350 E Hellman St Long Beach, CA 90813
Hellman NeighborhoodHighlights
- 8,097 Sq Ft lot
- Private Yard
- Laundry Room
- Long Beach Polytechnic High School Rated A
- No HOA
- 5-minute walk to Craftsman Village Park
About This Home
As of June 2021Long Beach is experiencing explosive growth - don't miss this opportunity to purchase units before prices soar! This is a fantastic buy on a nine unit building in a great rental neighborhood known for its high concentration of Craftsman bungalows, Spanish Colonial Revival and Victorian homes, set right on the edge of all the new development and exciting changes the city is undergoing. Just north of Alamitos beach, a few blocks from the famous Museum of Latin American Art and minutes from downtown, this area is poised to capitalize on the growth spurt....single family homes in the neighborhood are getting snapped up and remodeled as new owners move in and rents are going up up up! Boasting a great unit mix of three one bedroom units and six studios, this building offers great curb appeal, substantial upside in rents, laundry income and lots of off street parking (a must!) including five garages. Tenants enjoy a garden, courtyard and fruit trees. A true find!
Last Agent to Sell the Property
Vylla Home, Inc. License #01371114 Listed on: 05/22/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 8,097 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Private Yard
- Garden
Parking
- 6 Open Parking Spaces
- 5 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 4,109 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 9 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
- Sewer Paid
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 5764
- Assessor Parcel Number 7266001002
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 9 Units
Amenities
- Laundry Facilities
Building Details
- 9 Leased Units
- 6 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,976
- New Taxes Expense $14,312
- Operating Expense $19,693
- Gross Income $53,640
- Net Operating Income $33,947
Similar Homes in Long Beach, CA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 |
06/01/2018 06/01/18 | Pending | -- | -- | -- |
05/22/2018 05/22/18 | For Sale | $1,145,000 | -- | $279 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2021
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
3 in this area
71 Total Sales
-
N
Buyer's Agent in 2021
NoEmail NoEmail
None MRML
(646) 541-2551
2 in this area
5,797 Total Sales
-
Seller's Agent in 2018
Lorri Quiett
Vylla Home, Inc.
(562) 682-3130
1 in this area
139 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18120310

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