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1120 E Hellman St, Long Beach, CA 90813
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1120 E Hellman St Long Beach, CA 90813

$1,390,000 Sold Price as of 09/03/2024
  • 10 Beds
  • 5 Baths
  • 3,000 Sq.Ft.
Sold
$1,390,000 Sold Price as of 09/03/2024 Refinance Your Mortgage
Map preview of 1120 E Hellman St, Long Beach, CA 90813

Property Overview: 1120 E Hellman St Long Beach, CA has 10 bedrooms, 5 bathrooms, 3,000 living square feet and 6,969 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the Market 07/05/2024. California Dreamin' Own a Piece of the Future in Long Beach! This captivating detached fourplex offers a unique opportunity for investors and owner-occupants alike. Nestled in the heart of vibrant Downtown, Long Beach, this California Bungalow property boasts an approx. 3,000 square feet, a fantastic walkable location near the Beach and 3 individual Garages+ The crown jewel is the stunning main house, newly remodel in 2017. This 4-bedroom, 2-bathroom residence offers modern living with a touch of classic California charm. Perfect for an owner-occupant, it provides a comfortable and stylish home base. But that's not all! Three additional units, each with 2 bedrooms and 1 bathroom, create a steady rental income stream. With one unit currently vacant, this property presents an ideal scenario for first-time homebuyers seeking an FHA financing option or a savvy investor looking to expand their portfolio. The cherry on top? This exceptional property resides in an Opportunity Zone, offering potential tax benefits. Don't miss this chance to own a piece of the future in a thriving community! Contact us today to schedule a showing.

Listed by Coral Romero | BRE #01914785 | Good Opportunity Company Inc.
Last checked: 9 minutes ago | Last updated: September 4th, 2024 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
6,969
HOA Dues
$0/mo
Year built
1923
Garage
3 Car
Property Type:
Fourplex
Status
Sold
MLS#
DW24096231
City
Long Beach
County
Los Angeles
Time on Site
129 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,597
  • Total Rent: $2,597
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,802
  • Total Rent: $3,802
  • Pro Forma/Market Rent: $3,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,596
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $137,957
  • Net Operating Income: $68,429
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $69,528
  • Trash: $616
  • Insurance: $1,173
  • Water/Sewer: $4,560

Property Details for 1120 E Hellman St

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7266003007
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown (DT)
  • Directions: S Anaheim, N 7th ST
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Urban
View more facts & features

Local Long Beach Agent

Sale History for 1120 E Hellman St

Last sold for $1,390,000 on September 3rd, 2024

  • September, 2024

  • Sep 3, 2024

    Date

    Sold

    CRMLS: DW24096231

    $1,390,000

    Price

  • May 13, 2024

    Date

    Active

    CRMLS: DW24096231

    $1,390,000

    Price

  • October, 2018

  • Oct 13, 2018

    Date

    Canceled

    CRMLS: PW18214621

    $2,690

    Price

  • Sep 3, 2018

    Date

    Active

    CRMLS: PW18214621

    $2,690

    Price

  • Listing provided courtesy of CRMLS

    Move in today - walking distance from the BEACH!Here is your chance for a GREAT LOCATION. Close CSLB with 1 stop bus(currant tenant is CSLB students with 4 person), free standing single family residence with a light, bright, and open floor plan. Front and rear entries, all wood laminate floor with crown molding. Gated, private backyard with a fruit tree. This home offers a 10 x 18 Kitchen with a new dishwasher & garbage disposal. Separate laundry room off, from kitchen with additional 4X18 storage, 1.5 car garage, 2 parking space, area. 18 x 25 Combo living & dining room. Window blinds. If any tenant has strong background in maintenance, you can get a discount on the rent. Two family living arrangements are possible. No section 8.

  • March, 2014

  • Mar 5, 2014

    Date

    Sold (Public Records)

    Public Records

    $440,000

    Price

  • September, 1997

  • Sep 16, 1997

    Date

    Sold (Public Records)

    Public Records

    $158,000

    Price

Show More

Tax History for 1120 E Hellman St

Assessed Value (2020): $582,330
Year Land Value Improved Value Assessed Value
2020 $347,474 $234,856 $582,330

Home Value Compared to the Market

This property vs the competition

1120 E Hellman St sold on September 3, 2024 for 69.72% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $463.33 per/sqft which puts the price per square foot 26.22% lower than the current median sale per square foot for the city of Long Beach.

About 1120 E Hellman St

Detailed summary of property

1120 E Hellman St is a fourplex that recently sold in Long Beach, CA 90813. This fourplex offered 10 bedrooms, 5 bathrooms, roughly 3,000 living square feet, and sits on an approximately 6,969 square foot lot. 1120 E Hellman St was first listed on ArdentRealEstateGroup.com on May 13, 2024. The homeowner sold the property for $1,390,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 69.72% higher than the current median priced home. Local homes that are currently for sale include 2624 E 6th St, 332 W 9th St and 1163 Magnolia Ave. While the average home in Long Beach, CA is selling in 62 days, 1120 E Hellman St has a days on market of 37 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1120 E Hellman St Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1120 E Hellman St

Public county record property details
Beds
10
Baths
4
Year built
1923
Sq. Ft.
2,930
Lot Size
6,967
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
7266-003-007

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$560,000
Median List Price/Sq.Ft.
$553
Median Sold Price
$495,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
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Recently Sold Homes Near 1120 E Hellman St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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