
1613 E 7th St Long Beach, CA 90813
Hellman NeighborhoodAbout This Home
As of February 2025Three units currently configured as mixed use with two residential units and one commercial unit with 5 parking spots. The front building upstairs is a 3 bedroom 2 bath residential unit and the downstairs unit was converted back to a commercial unit with usage per the city as a Doctures office/Medical office. At the rear of the property is a separate detached 4 bedroom 2 bath house with large covered front porch. Entire property has newer exterior paint. Sale of this property comes with approved plans to convert the downstairs commercial unit into 2 ADU units. Great opportunity to keep the current configuration or complete the ADU project and have a total of 4 residential units.
Last Agent to Sell the Property
Platinum Finance Properties Brokerage Phone: 714-625-7240 License #01440504
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,837
Year Built
- Built in 1929
Lot Details
- 6,000 Sq Ft Lot
- 1 Common Wall
- Private Yard
Home Design
- Property Attached
Interior Spaces
- 3,876 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 5764
- Assessor Parcel Number 7267028002
- $814 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,200
- Professional Management Expense $1,200
- Trash Expense $500
- Water Sewer Expense $1,500
- Operating Expense $5,400
- Gross Income $28,800
- Net Operating Income $23,400
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/26/2025 02/26/25 | Sold | $830,000 | +3.8% | $214 / Sq Ft |
12/20/2024 12/20/24 | Price Changed | $799,900 | -19.2% | $206 / Sq Ft |
12/19/2024 12/19/24 | Pending | -- | -- | -- |
03/25/2024 03/25/24 | For Sale | $989,900 | -- | $255 / Sq Ft |
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $10,837 | $796,476 | $557,534 | $238,942 |
2023 | $10,537 | $780,859 | $546,602 | $234,257 |
2022 | $9,904 | $765,549 | $535,885 | $229,664 |
2021 | $9,694 | $750,539 | $525,378 | $225,161 |
2020 | $9,668 | $743,404 | $519,991 | $223,413 |
2019 | $9,557 | $728,840 | $509,796 | $219,044 |
2018 | $9,221 | $714,560 | $499,800 | $214,760 |
2016 | $4,970 | $383,815 | $184,948 | $198,867 |
2015 | $4,779 | $378,050 | $182,170 | $195,880 |
2014 | $4,760 | $370,645 | $178,602 | $192,043 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $300,000 | New Conventional | |
Previous Owner | $494,000 | Negative Amortization | |
Previous Owner | $441,000 | Unknown | |
Previous Owner | $320,000 | Unknown | |
Previous Owner | $282,670 | FHA |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $830,000 | Wfg National Title | |
Trustee Deed | $606,500 | None Available | |
Grant Deed | -- | None Available | |
Grant Deed | -- | -- | |
Corporate Deed | $285,000 | Lawyers Title Company | |
Grant Deed | $142,000 | Stewart Title |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24059479

APN: 7267-028-002
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