A
Seller's Agent in 2013
Adam Feldman
Adam Feldman, Broker
(562) 494-4600
1621 E 7th St Long Beach, CA 90813
Hellman Neighborhood
19
Beds
19
Baths
6,938
Sq Ft
7,499
Sq Ft Lot
Highlights
- No HOA
- Long Beach Polytechnic High School Rated A
- Controlled Access
About This Home
As of October 2013This is a newer, (1987-built,) 10 unit apartment building on a major east/west corridor, (7th St,) between downtown Long Beach and Cal State LB. The unit mix includes 2, 1 bedroom/1 baths, and 8, 2 bedroom, 2 baths. Although there are no vacancies to see, the manager of the building has described the units as being in good condition. There are balconies and vaulted ceilings with some of the units. There is ample parking for the residents with 14 gated spaces on the ground level. There is upside potential in rents and in potential laundry and parking income. *Market income and expenses used for analysis.
Last Agent to Sell the Property
Adam Feldman, Broker License #01018635 Listed on: 09/16/2013
Last Buyer's Agent
Joshua Cohen
Keller Williams South Bay License #01346713
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 7,499 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 6,938 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 19 Bedrooms
- 19 Bathrooms
Parking
- 14 Parking Spaces
- 14 Carport Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tax Lot 001
- Tax Tract Number 2
- Assessor Parcel Number 7267028003
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- 10 Leased Units
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $11,112
- Net Operating Income $83,610
Security
- Controlled Access
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2013 10/23/13 | Sold | $1,449,000 | 0.0% | $209 / Sq Ft |
| 10/04/2013 10/04/13 | Pending | -- | -- | -- |
| 09/16/2013 09/16/13 | For Sale | $1,449,000 | -- | $209 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $23,552 | $1,776,267 | $1,225,859 | $550,408 |
| 2024 | $23,552 | $1,741,439 | $1,201,823 | $539,616 |
| 2023 | $23,144 | $1,707,294 | $1,178,258 | $529,036 |
| 2022 | $21,742 | $1,673,818 | $1,155,155 | $518,663 |
| 2021 | $21,277 | $1,640,999 | $1,132,505 | $508,494 |
| 2020 | $21,221 | $1,624,974 | $1,120,893 | $504,081 |
| 2019 | $20,973 | $1,593,128 | $1,098,915 | $494,213 |
| 2018 | $20,387 | $1,561,907 | $1,077,368 | $484,539 |
| 2017 | $20,171 | $1,530,498 | $1,056,244 | $474,254 |
| 2016 | $18,750 | $1,500,489 | $1,035,534 | $464,955 |
| 2015 | $18,009 | $1,477,951 | $1,019,980 | $457,971 |
| 2014 | $17,915 | $1,449,000 | $1,000,000 | $449,000 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Feldman
-
J
Buyer's Agent in 2013
Joshua Cohen
Keller Williams South Bay
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13190490
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.
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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