NOT LISTED FOR SALE

1006 E 70th Way Long Beach, CA 90805

Hamilton Neighborhood

Estimated Value: $652,039 - $893,000

2 Beds
2 Baths
1,104 Sq Ft
$684/Sq Ft Est. Value

Last Sold March 28, 2012

Last sale price $225,000 $204 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $4,329/month

149 Days on Market

About This Home

As of March 2012

DUPLEX LOCATED IN A QUIET NEIGHBORHOOD, GOOD INVESTMENT, GREAT FOR FIRST TIME BUYERS, CONVENIENT LOCATION CLOSE TO FREEWAYS, BUS LINES, SCHOOLS , FRONT UNIT; 1 BR/1 BA BACK UNIT; 1BR/ 1 BA.

Last Agent to Sell the Property

HELEN PRADO

EL SOL REAL ESTATE License #00885372 Listed on: 09/10/2011

Last Buyer's Agent

HELEN PRADO

EL SOL REAL ESTATE License #00885372 Listed on: 09/10/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,882

Year Built

  • Built in 1947

Lot Details

  • 6,045

Parking

  • 1 Car Garage

Home Design

  • 1,104 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Washer Hookup
  • 6,045 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 14696
  • Assessor Parcel Number 7101035007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $344
  • Water Sewer Expense $960
  • New Taxes Expense $5,563
  • Gross Income $2,000
  • Net Operating Income $15,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,882

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 7101035007
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 203.80

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Trash Expense: 344.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6045.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 2000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6045.0000 Square Feet
  • Net Operating Income: 15573.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8427.00
  • Rent Control: Yes
  • Total Actual Rent: 2000.00

Tax Info

  • New Taxes Expense: 5563.00
  • Tax Lot: 6
  • Tax Tract Number: 14696
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2012
Sold by
Alvarrazin Yvonne
Bought by
Avila Jason
Current Estimated Value
$755,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,100
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2007
Sold by
Scott Ray E
Bought by
Alvarrazin Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 9, 1998
Sold by
Scott Ray E
Bought by
Scott Ray E and Ray E Scott Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Avila Jason $225,000 Stewart Title Of California
Alvarrazin Yvonne $455,000 Progressive Title Company
Scott Ray E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avila Jason $212,100
Previous Owner Alvarrazin Yvonne $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2012 03/28/12 Sold $225,000 +7.1% $204 / Sq Ft
02/06/2012 02/06/12 Pending -- -- --
09/10/2011 09/10/11 For Sale $210,000 -- $190 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $3,882 $282,600 $251,206 $31,394
2024 $3,882 $277,060 $246,281 $30,779
2023 $3,821 $271,628 $241,452 $30,176
2022 $3,602 $266,303 $236,718 $29,585
2021 $3,532 $261,082 $232,077 $29,005
2019 $3,481 $253,341 $225,195 $28,146
2018 $3,317 $248,375 $220,780 $27,595
2016 $3,053 $238,731 $212,207 $26,524
2015 $2,932 $235,146 $209,020 $26,126
2014 $2,919 $230,541 $204,926 $25,615
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    HELEN PRADO

    EL SOL REAL ESTATE

    (626) 858-6266

    12 Total Sales

    HELEN PRADO
    Section Image

  • N

    Buyer Co-Listing Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,948 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11120885

California Regional Multiple Listing Service (CRMLS)

APN: 7101-035-007

California Los Angeles County Long Beach 90805 Hamilton

1006 E 70th Way, Long Beach, CA

This home is located at 1006 E 70th Way, Long Beach, CA 90805 since 10 September 2011 and is currently estimated at $755,510, approximately $684 per square foot. This property was built in 1947. 1006 E 70th Way is a home located in Los Angeles County with nearby schools including Grant Elementary School, Hamilton Middle School, and Jordan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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