Long Beach, CA 90813,1050 E Hellman ST

$820,000

Est. payment /mo

$829,000

1.1%
Est.Price: ?

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1050 E Hellman ST Long Beach, CA 90813

SOLD DATE : 10/31/2016

Key Details

Sold Price $820,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown (Dt)

MLS Listing ID PW16182869

Sold Date 10/31/16

HOA Y/N No

Year Built 1924

Property Description

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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR2N

Interior

Fireplace No

Exterior

Parking Features Assigned, Garage

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Utilities Available Sewer Available

Total Parking Spaces 8

Private Pool No

Building

Story Two

Entry Level Two

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 7266004047

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Spencer Pabst • Pabst, Kinney & Associates
Bought with Jonathan Swire • The Agency

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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