NOT LISTED FOR SALE

1511 E Hellman St Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $1,007,008 - $1,129,000

1 Bed
1 Bath
2,832 Sq Ft
$376/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2018

Last sale price $740,000 $261 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,711 / mo

17 Days on Market

Highlights

  • Floor Furnace
  • 4 Car Garage
  • Carpet
  • Long Beach Polytechnic High School Rated A
  • Community Storage Space

About This Home

As of September 2018

4 units, each with their own garage! All units are 1 bedroom, each has a stove and refrigerator, their own separate front and back doors, and a single car garage. There is a community laundry room with a washer and dryer and a locked workroom for owner/landlord supplies. Great location near the East Village, Rose Park, and North Alamitos Beach. Approximately, 1 mile from the beach.

Last Agent to Sell the Property

Kathleen Ladd

REMAX Professionals License #01019339 Listed on: 07/27/2018

REMAX Professionals

Last Buyer's Agent

John Alden

Alden Pacific Investments, Inc. License #02114291

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,504 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 2,832 Sq Ft Home
  • Window Screens
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone, trash collection
  • Tax Lot 161
  • Assessor Parcel Number 7267027025

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $250
  • Gardener Expense $1,460
  • Insurance Expense $1,260
  • Professional Management Expense $2,350
  • Water Sewer Expense $1,700
  • New Taxes Expense $2,000
  • Operating Expense $6,984
  • Gross Income $38,400
  • Net Operating Income $3,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

7,504 Sq Ft Lot

Parking

4

Listing Details

  • Professional Management Expense: 2350.00
  • Property Attached: No
  • Water Sewer Expenses: 1700.00
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1460.00
  • Parcel Number: 7267027025
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 261.30
  • Window Features: Screens

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Storage
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7504.00

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 1260.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 3200.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 582.00
  • Rent Control: No
  • Total Actual Rent: 3200.00
  • Total Expenses: 6984.00

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Census Tract: 5764.02
  • Tax Lot: 161
  • Tax Tract Number: Almts.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Bought by
Current Estimated Value
$1,065,502

Purchase Details

Closed on
Sep 6, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 18, 2018
Sold by
Bought by
Seller's Agent
Kathleen Ladd
REMAX Professionals
Buyer's Agent
John Alden
Alden Pacific Investments, Inc.
List Price
$699,000
Sold Price
$740,000
Premium/Discount to List
$41,000
5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 15, 2018
Sold by
Bought by
Seller's Agent
Kathleen Ladd
REMAX Professionals
Buyer's Agent
John Alden
Alden Pacific Investments, Inc.
List Price
$699,000
Sold Price
$740,000
Premium/Discount to List
$41,000
5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- Stewart Title Of California
-- None Available
$740,000 Lawyers Title
-- None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $605,000
Previous Owner $592,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $740,000 +5.9% $261 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $699,000 -- $247 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,470 $833,955 $580,066 $253,889
2024 $10,979 $817,604 $568,693 $248,911
2023 $10,791 $801,574 $557,543 $244,031
2022 $10,141 $785,858 $546,611 $239,247
2021 $9,929 $770,450 $535,894 $234,556
2019 $9,695 $740,000 $520,000 $220,000
2018 $2,053 $115,311 $39,327 $75,984
2016 $1,886 $110,835 $37,800 $73,035
2015 $1,826 $109,171 $37,233 $71,938
2014 $1,839 $107,033 $36,504 $70,529
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Ladd

    Seller's Agent in 2018

    Kathleen Ladd

    RE/MAX

    (714) 328-6342

    120 Total Sales

    Kathleen Ladd
    Section Image

  • J

    Buyer's Agent in 2018

    John Alden

    Alden Pacific Investments, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18190246

California Regional Multiple Listing Service (CRMLS)

APN: 7267-027-025

California Los Angeles County Long Beach 90813 Hellman

1511 E Hellman St, Long Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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