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Sold on 09/03/2024
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1120 E Hellman St, Long Beach, CA 90813

$1,367,000

Last sold 09/03/2024 for $1.39M

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    bed

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Multi-family not for sale
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About 1120 E Hellman St

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 6,969 Sqft
Movoto estimate
Parking 3 garage spaces
Rental estimate
Property description
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
Listing Agent - Coral Romero
Listing Agent Contact: 323-395-6485
Listing Office - Good Opportunity Company Inc.
Source: CRMLS mls logo
MLS#DW24096231 • last updated 2 years ago
Movoto checked CRMLS for data 7 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.16
Lot Size (SqFt) 6969
Year Built 1923
Interior
Laundry Gas & Electric Dryer Hookup
Exterior
Building Area Square Feet, 3000
Parking Assigned, Garage
# Uncovered Spaces 2
# Parking Spaces 5
# Garage Spaces 3
Lot Description 2-5 Units/Acre, Near Public Transit
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Biking, Curbs, Dog Park, Fishing, Urban
Subdivision Downtown (DT), Downtown (DT)
Zoning LBR2N
Directions S Anaheim, N 7th ST
APN 7266003007
Multifamily Details
Tenant Pays All Utilities
Expense: Trash 616
Operating Expense 69528
Expense: Insurance 1173
Total Expenses 5794
Expense: Water/ Sewer 4560
Gross Income 137956
Gross Scheduled Income 137957
$1.36M
Range: $1.18M-$1.54M
Last 30 days 
Rental est.: $1,353/month
Gross rent multiplier: 85.6
  • Sep 2024
    mls logo MLS # DW24096231
  • Sep 3, 2024 Sold
    $1,390,000
  • Jul 25, 2024 Pending
    —
  • Jul 5, 2024 Listed
    —
  • May 31, 2024 Pending
    —
  • May 13, 2024 Listed
    $1,390,000 (+0.7%)
  • Sep 2024
    Public Records
  • Sep 3, 2024 Sold
    $1,390,000
  • Jul 2023
    mls logo MLS # RS23124481
  • Jul 11, 2023 Listed
    $1,380,000 (+150.9%)
  • Mar 2014
    mls logo MLS # PW13139491
  • Mar 7, 2014 Sold
    $550,000 (+25.0%)
  • Jul 16, 2013 Listed
    $475,000
  • Mar 2014
    Public Records
  • Mar 5, 2014 Sold
    $440,000 (-7.4%)
  • Year Property taxes Tax assessment
  • 2024
    $8,655 +1.7%
    $624,371 +2.0%
  • 2023
    $8,507 +6.3%
    $612,129 +2.0%
  • 2022
    $8,001 +2.2%
    $600,128 +2.0%
  • 2021
    $7,829 +0.3%
    $588,362
  • 2020
    $7,809 +5.5%
    $588,362 +3.06%
  • 2018
    $7,399 +9.5%
    $570,912 +13.58%
  • 2017
    $6,759 +7.5%
    $502,646 +2.0%
  • 2016
    $6,287 +12.0%
    $492,791
  • 2015
    $5,611
    —
  • 1120 E Hellman St
    $1.39M
  • Central Long Beach
    $510K +7% y/y
  • 90813
    $579K +11% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Lincoln Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. 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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