NOT LISTED FOR SALE

1708 E 8th St Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $733,000 - $935,000

4 Beds
2 Baths
1,600 Sq Ft
$520/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $685,000 $428 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,180/month

6 Days on Market

Highlights

  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Bike Trail

About This Home

As of May 2021

Property consist of 2 units, one unit is upstairs and 2nd unit is downstairs. Each unit is 2 bedrooms 1 bath total living space is 1600 Sqft. What a great opportunity, This is perfect for a 1st time home buyer who wants to live in one unit and rent the other. It's also a great opportunity for investors to expand on their portfolio. The Property is located just a 4-minute drive to the ocean and minutes from all the fine dining that the city of long beach brings! One of the units is completely move-in ready with new flooring, paint, bathroom tile. Not to mention in-unit laundry hookups. Come take a look for yourself!

Last Agent to Sell the Property

Roberto Araya

Excellence RE Real Estate, Inc. License #01965339 Listed on: 04/08/2021

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Matt Mahowald

Buckingham Investments, Inc License #02001732

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 1,557 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,600 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 14 / A
  • Assessor Parcel Number 7267029014

Community Details

Overview

  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $290
  • Fuel Expense $150
  • Insurance Expense $200
  • Other Expense $640
  • Trash Expense $200
  • Water Sewer Expense $250
  • Operating Expense $1,009
  • Gross Income $2,500
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 250.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7267029014
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 428.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1557.00
  • Lot Size Acres: 0.0357

Multi Family

  • Electric Expense: 290.00
  • Fuel Expense: 150.00
  • Gross Income: 2500.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 200.00
  • Lot Size Area: 1557.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1100.00
  • Other Expense: 640.00
  • Rent Control: No
  • Total Expenses: 1009.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5764.03
  • Tax Lot: 14

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2020
Sold by
Nwabuzor Josehine Ijeoma
Bought by
Leang Vuthea and Nguyen Beatrix Hoang
Current Estimated Value
$832,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$377,506
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$454,678

Purchase Details

Closed on
Nov 16, 2016
Sold by
Ogbonnaya Chibuikem
Bought by
Nwabuzor Josephine Ijeoma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2010
Sold by
Rn Investments & Community Service Corpo
Bought by
Nwabuzor Josephine Ijeoma

Purchase Details

Closed on
Mar 31, 2009
Sold by
Federal National Mortgage Association
Bought by
Rn Investments & Community Service Corpo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2008
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2008
Sold by
Hans Martin
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Sep 8, 2003
Sold by
Gomez Mary Elizabeth
Bought by
Hans Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2003
Sold by
Roberts Cedric
Bought by
Hans Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2001
Sold by
Rmc Realty Inc
Bought by
Roberts Cedric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,860
Interest Rate
8.99%

Purchase Details

Closed on
Sep 12, 2001
Sold by
Marovic Marija
Bought by
Rmc Realty Inc

Purchase Details

Closed on
Jul 10, 2001
Sold by
Compean Robert John
Bought by
Marovic Marija

Purchase Details

Closed on
Jun 11, 2001
Sold by
Firstar Bank Na
Bought by
Marovic Marija

Purchase Details

Closed on
Jan 11, 2000
Sold by
Rey Marcelo
Bought by
Firstar Bank Na

Purchase Details

Closed on
Feb 15, 1999
Sold by
Trapaga Nora Maria
Bought by
Rey Marcelo and Monteno Fabiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,642
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 1997
Sold by
Rey Jorge E
Bought by
Trapaga Nora Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,131
Interest Rate
6.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 1997
Sold by
Zawadzki Mary E
Bought by
Rey Jorge E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,457
Interest Rate
7.9%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Leang Vuthea $480,000 Ticor Title Company Of Ca
Nwabuzor Josephine Ijeoma -- Nextitle
Nwabuzor Josephine Ijeoma -- None Available
Rn Investments & Community Service Corpo $205,000 Lawyers Title
Federal National Mortgage Association -- North American Title Company
Chase Home Finance Llc $561,585 North American Title Company
Hans Martin -- Chicago Title Co
Hans Martin $246,000 Chicago Title Co
Roberts Cedric $175,500 Fidelity National Title Co
Rmc Realty Inc -- --
Marovic Marija -- Fidelity National Title Co
Marovic Marija -- Fidelity National Title Co
Firstar Bank Na $180,754 United Title Company
Rey Marcelo $166,000 South Coast Title
Trapaga Nora Maria $125,000 United Title Company
Rey Jorge E $83,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leang Vuthea $428,000
Previous Owner Nwabuzor Josephine Ijeoma $255,000
Previous Owner Rn Investments & Community Service Corpo $170,000
Previous Owner Hans Martin $196,800
Previous Owner Roberts Cedric $157,860
Previous Owner Rey Marcelo $164,642
Previous Owner Trapaga Nora Maria $124,131
Previous Owner Rey Jorge E $83,457
Closed Roberts Cedric $8,770
Closed Hans Martin $49,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $685,000 +5.4% $428 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $649,998 -- $406 / 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 $9,839 $741,463 $481,681 $259,782
2024 $9,421 $726,926 $472,237 $254,689
2023 $9,262 $712,674 $462,978 $249,696
2022 $8,690 $698,700 $453,900 $244,800
2021 $8,061 $646,630 $424,351 $222,279
2020 $3,592 $269,432 $117,143 $152,289
2019 $3,550 $264,150 $114,847 $149,303
2018 $3,448 $258,972 $112,596 $146,376
2016 $3,168 $248,918 $108,225 $140,693
2015 $3,045 $245,180 $106,600 $138,580
2014 $3,031 $240,378 $104,512 $135,866
Source: Public Records

Agents Affiliated with this Home

  • Roberto Araya

    Seller's Agent in 2021

    Roberto Araya

    Excellence RE Real Estate, Inc.

    (714) 365-1918

    1 in this area

    55 Total Sales

    Roberto Araya
    Section Image
  • Matt Mahowald

    Buyer's Agent in 2021

    Matt Mahowald

    Buckingham Investments, Inc

    (310) 982-7055

    1 in this area

    28 Total Sales

    Matt Mahowald
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21070683

California Regional Multiple Listing Service (CRMLS)

APN: 7267-029-014

California Los Angeles County Long Beach 90813 Hellman

1708 E 8th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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