Skip To Content

    1350 E Hellman Street

    Long Beach, CA 90813
    • $1,690,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: PW21038585
    UPDATED: 30 min ago
    $1,690,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,100
      SQFT
    • $412
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    1350 E Hellman Street is a 9-unit apartment building in highly desirable N. Alamitos Beach. The property features a desirable mix of (4) one bedroom / one bathroom and (5) studio units. There are (5) garages with additional parking spaces. The asset is separately metered for gas and electric.Located in North Alamitos Beach in a historic district, the property has a 93 Walk Score, is walkable to amenities along 4th Street / Retro Row and in close proximity to East Village Arts District. Offered at a 5.11% cap rate on actuals, 1350 E. Hellman provides a new buyer an attractive in-place income with value to be added.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T16:38:05.463. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/114491141
    Print Image

    1350 E Hellman Street Long Beach, CA 90813

    • Price: $1,690,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: PW21038585
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,100
    SQFT
    $412
    $/SQFT
    1929
    Built
    Neighborhood:
    Alamitos Beach (Ab)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    1350 E Hellman Street is a 9-unit apartment building in highly desirable N. Alamitos Beach. The property features a desirable mix of (4) one bedroom / one bathroom and (5) studio units. There are (5) garages with additional parking spaces. The asset is separately metered for gas and electric.Located in North Alamitos Beach in a historic district, the property has a 93 Walk Score, is walkable to amenities along 4th Street / Retro Row and in close proximity to East Village Arts District. Offered at a 5.11% cap rate on actuals, 1350 E. Hellman provides a new buyer an attractive in-place income with value to be added.
    Exterior Features

    Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 6 Open Parking Spaces 3 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 5.11 Common Interest Community Apartment Community Features Urban Electric Expense 1351 Fuel Expense 1351 Garage YN Yes Gross Income 134292 Gross Scheduled Income 141360 Insurance Expense 2518 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 6300 Net Operating Income 86368 New Construction YN No New Taxes Expense 21639 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 47924 Other Expense 2250 Pest Control Expense 600 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1351 Water Sewer Expense 1351 Water Source Public Zoning Lbr2n

    Listing provided courtesy of Robert Stepp of Keller Williams - Santa Monica


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T16:38:05.463. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365221072-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365221072-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365221072-1.jpg
    Logo
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094