231 East Hullett Street

Long Beach, CA 90805

$1,120,000
Last Sold Price
5
Beds
2,335 Sq. Ft.
$480 / Sq. Ft.
2,335
Sq. Ft.
$480
per Sq. Ft.

Description

Rare opportunity to invest in a fully renovated 4-unit property with strong rents. This is a legal duplex with a fully permitted ADU and Jr ADU. The property was extensively renovated with all new kitchens, baths, and much more. The units are individually metered for gas and electricity.Rare opportunity to invest in a fully renovated 4-unit property with strong rents. This is a legal duplex with a fully permitted ADU and Jr ADU. The property was extensively renovated with all new kitchens, baths, and much more. The units are individually metered for gas and electricity.
  1. Listed by Cody Charnell • DRE #01950585 • Brokerage DRE #01914434 • Buckingham Investments

Property Details for 231 East Hullett Street

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2335
Assessor Parcel Number
7125-026-020
Property Attached YN
true

Location

Listing Courtesy of Buckingham Investments, Cody Charnell, DRE #01950585

Sold By KW Executive, JANET HE MA, DRE #01966733

Add your commute
LISTING UPDATED: 03/23/2023 08:37 AM

Property Details for 231 East Hullett Street

StatusClosed
MLS #SB22075507
Days on Market79
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.14 AC / 6,019 SF
CountyLos Angeles County

Location

Listing Courtesy of Buckingham Investments, Cody Charnell, DRE #01950585

Sold By KW Executive, JANET HE MA, DRE #01966733

Add your commute

Building Information for 231 East Hullett Street

Stories-Residences-Year Built1929Building Size-Lot Size0.14 AC / 6,019 SF

Payment Calculator

$7,337 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,112

Property Taxes

$1,225

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 231 East Hullett Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $90,012
  • Net Operating Income: $0
  • Gross Multiplier: 12.8
  • Cap Rate: 5.6
  • Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 13
  • Tax Tract Number: 5992
  • Tax Census Tract: 5703.03
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 28
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: North Long Beach
  • Builders Tract Code: North Long Beach (NLB)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,384
  • Unit Type Total Rent: $2,384
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,624
  • Unit Type Total Rent: $1,624
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 231 East Hullett Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 231 East Hullett Street

Taxable ValueLand$320,000Additions$800,220Total$1,120,220
Tax Record2023$14,698 ($1,225 / month)
Home Facts
Total Finished SqFt1,895 SqFtAbove Grade Finished SqFt1,895 SqFtLot Size6,019 SqFtStyleTriplexYear Built1929ZoningLBR1NCountyLOS ANGELESAPN7125-026-020

Schools near 231 East Hullett Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Jordan High School
Public9 to 12

Reid High School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Buckingham Investments, Cody Charnell, DRE #01950585

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.