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$1,390,000
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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.
Full Property Details
Full Property Details for 1120 1124 E Hellman St
General
- Sold For: $1,390,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW24096231
- Added to Site: 619 day(s) ago
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 3
- Parking Features: Assigned, Garage
- Parking: Assigned, Garage
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: S Anaheim, N 7th ST
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,000
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.16
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: 2-5 Units/Acre, Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $463.33
- Price Per Unit: 347500
Listed by Good Opportunity Company Inc., Coral Romero
Sold by New Century Realtors, Jesse Blanchet
Get Pre-Approved Today
Schools
Schools serving 1120 1124 E Hellman St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Long Beach, CA 1175 East 11th Street, Long Beach, CA 90813 | K-5 | 0.3 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.2 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1120 1124 E Hellman St
Date
Details
Price
Change
Source
9/03/2024
Sold
$1,390,000
—
MLS
5/13/2024
Listed
$1,390,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1120 1124 E Hellman Street, Long Beach, CA 90813 (MLS# DW24096231) is a Multi-Family property that was sold at $1,390,000 on September 03, 2024. Want to learn more about 1120 1124 E Hellman Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

