1050 E Hellman St
Long Beach, CA 90813

Bd   Ba   3,542 Sqft   73 Days
Great opportunity to purchase a very well maintained 6 unit building in Downtown Long Beach. The subject property is made up of two separate structures, totaling 6 units and (4) single car garages. The building in front contains (4) 1bd/1bth units, and the rear building is made up of (2) 1bd/1bth units over 4 single car garages. The property is separately metered for gas and electricity. Current owner has maintained the property very well. Some of the units have granite countertops and nice tile flooring. Currently 3 of the 4 garages are used by the owner. At a $138,166 per unit, this is one of the best investment opportunities in Long Beach.
  • MLS#PW16182869 provided by Spencer Pabst of Pabst, Kinney & Associates
  • Movoto last checked CRMLS for new data 53 minutes ago
  • CRMLS last updated this listing 11 months ago

Home Features for 1050 E Hellman Street, Long Beach

Year Built: 1924
Lot Size Acres: 0.09
Lot Size Square Feet: 4240
Lot Size Units: Square Feet
Lot Size Area: 4240
Price Per Square Foot: 231.51
Tax Lot: 1
Tax Tract Number: 5764
Parcel Number: 7266004047
Special Listing Conditions: Standard
Standard Status: Closed
Exterior
Levels: Two
Common Walls: 2+ Common Walls
Building Area Units: Square Feet
Number Of Buildings: 2
Building Area Total: 3542
Parking Features: Assigned, Garage
Parking Total: 8
Garage Spaces: 4
Number Of Units Total: 6
Property Attached Y/N: 1
Amenities / Utilities
Community Features: Sidewalks
Pool Features: None
Location
Road Frontage Type: City Street
Subdivision Name Other: Downtown (DT)
Subdivision Name: Downtown (DT)
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Property History for 1050 E Hellman Street, Long Beach

Status
Date
Price
Sold
Oct 31, 2016
$836,500
Pending
Aug 29, 2016
Listed
Aug 19, 2016
$829,000
#PW16182869

Real Estate Market Statistics for 1050 E Hellman Street, Long Beach

No data!
Central Long Beach
Long Beach
90813
1050 E Hellman Street
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$829K

1050 E Hellman Street

$419K

Central Long Beach

25% y/y

Central Long Beach

$375K

90813

29% y/y

90813

$620K

Long Beach

0% y/y

Long Beach

See all trends for Long Beach
As of today, there are 27 properties listed for sale in ZIP code 90813 and 453 properties listed for sale in the city of Long Beach, CA. This property at 1050 E Hellman St in 90813 was last listed for $820,000. This is 32% above the current $620,000 median price for Long Beach and 119% above the median of $375,000 for 90813. Of the 453 properties for sale in Long Beach, 296 are single family homes and 157 are condos. 1050 E Hellman St is a multi family home that is approximately 3,542 square feet, 148% above the Long Beach median of 1,428 and 297% above the 90813 ZIP code median of 892. The price per Sqft was $232 which is 43% below the current median price in 90813 of $410 and 48% below the Long Beach median of $442 per square foot.
Built in 1924, this multi family house at 1050 E Hellman St, Long Beach CA, 90813 is approximately 3,542 square feet and comes with 8 parking spots. It was last listed $820,000 with a cost per Sqft of $232. 1050 E Hellman St is located in the Central Long Beach neighborhood in the Long Beach Unified School District. The closest school is Franklin Classical Middle School.

1050 E Hellman St, Long Beach CA, 90813 was on the market for 73 days. The median days on the market for properties in this area is 36 with a median list price of $620,000 and median cost per square foot of $442. Its current status is sold under the MLS #PW16182869.

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