NOT LISTED FOR SALE

1450 E 8th St Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $675,000 - $991,000

4 Beds
2 Baths
1,688 Sq Ft
$496/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $449,000 $266 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,972/month

14 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Craftsman Architecture
  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Lawn
  • 4-minute walk to Craftsman Village Park

About This Home

As of October 2014

Classic California Bungalow with back Unit! A DUPLEX Investment Opportunity in Craftsman Village Historical District!

The front classic bungalow home, spacious sun-filled living room, 3 distinctive bedrooms, nicely appointed kitchen and full, updated bathroom. Inviting formal dining room, inside laundry, back patio to large private rear grounds.
Back unit has beautiful beamed ceiling, delightful kitchen with charming breakfast room, large bedroom and bathroom, with its own spacious private patio.
Long Driveway leads to attached two car garage.
Freshly Painted Outside in Classic Earth-Toned, Tri-Color Detail (PICTURES WERE TAKEN PRIOR TO PAINTING....MUST SEE WITH NEW PAINT!)
(*Property in Craftsman Village Historical District. Any changes to outside property must be approved by city historic preservation dept.)

Property is minutes from Downtown, Belmont Shore, Bluff, Beaches and Waterfront!
AN IDEAL INVESTMENT OPPORTUNITY!
VIRTUAL TOUR IN MLS. DOUBLE CLICK ON MOVIE REEL ICON FARTHEST RIGHT UNDER PICTURES!!

Last Agent to Sell the Property

Helene Fasnacht

Team Fasnacht Realty License #01125292 Listed on: 08/15/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,242 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,688 Sq Ft Home
  • Craftsman Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3322
  • Assessor Parcel Number 7267027007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Water Sewer Expense $90
  • New Taxes Expense $4,926
  • Gross Income $2,700
  • Net Operating Income $20,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 90.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 7267027007
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 266.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 6242.00
  • Lot Size Acres: 0.1430

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6242.0000 Square Feet
  • Net Operating Income: 20660.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11340.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4926.00
  • Tax Lot: 7
  • Tax Tract Number: 3322
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2017
Sold by
Mccullough Katrina
Bought by
The Katrina Mccullough Living Trust
Current Estimated Value
$836,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,281
Outstanding Balance
$363,107
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$473,616

Purchase Details

Closed on
Nov 9, 2015
Sold by
Mccullough Katrina
Bought by
The Katrina Mccullough Living Trust

Purchase Details

Listed on
Aug 15, 2014
Closed on
Sep 4, 2014
Sold by
Zvirbulis Martin E and Zvirbulis Susan C
Bought by
Mccullough Katrina
Seller's Agent
Helene Fasnacht
Team Fasnacht Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$447,900
Sold Price
$449,000
Premium/Discount to List
$1,100
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$440,867
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 2014
Sold by
Zvirbulis Martin E and Zvirbulis Susan C
Bought by
Zvirbulis Martin E and Zvirbulis Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,867
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
The Katrina Mccullough Living Trust -- Pacific Coast Title Company
Mccullough Katrina -- Pacific Coast Title Company
The Katrina Mccullough Living Trust -- None Available
Mccullough Katrina $449,000 Ticor Title Company
Zvirbulis Martin E -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccullough Katrina $437,281
Closed Mccullough Katrina $440,867
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2014 10/01/14 Sold $449,000 +0.2% $266 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $447,900 -- $265 / 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 $7,061 $539,620 $372,568 $167,052
2024 $7,061 $529,040 $365,263 $163,777
2023 $6,942 $518,667 $358,101 $160,566
2022 $6,523 $508,498 $351,080 $157,418
2021 $6,390 $498,529 $344,197 $154,332
2020 $6,374 $493,418 $340,668 $152,750
2019 $6,300 $483,744 $333,989 $149,755
2018 $6,074 $474,260 $327,441 $146,819
2016 $5,586 $455,846 $314,727 $141,119
2015 $5,812 $449,000 $310,000 $139,000
2014 $3,166 $249,807 $99,920 $149,887
Source: Public Records

Agents Affiliated with this Home

  • Helene Fasnacht

    Seller's Agent in 2014

    Helene Fasnacht

    Team Fasnacht Realty

    (562) 428-1842

    2 Total Sales

    Helene Fasnacht
    Section Image

  • N

    Buyer's Agent in 2014

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    6,176 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14175709

California Regional Multiple Listing Service (CRMLS)

APN: 7267-027-007

California Los Angeles County Long Beach 90813 Hellman

1450 E 8th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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