$1,690,000
$1,690,000
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8,097 Sqft Lot
SOLD DATE : 06/11/2021
Key Details
Sold Price $1,690,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW21038585
Sold Date 06/11/21
HOA Y/N No
Year Built 1929
Lot Size 8,097 Sqft
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.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR2N
Interior
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Urban
Total Parking Spaces 8
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7266001002
Energy Description 1350.5
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Michelle Esquivel
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Bought with NONE NONE • None MRML
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515 S Myrtle Ave, Monrovia, CA, 91016, USA