NOT LISTED FOR SALE

1006 E 70th Way Long Beach, CA 90805

Hamilton Neighborhood

Estimated Value: $671,000 - $766,000

2 Beds
2 Baths
1,104 Sq Ft
$647/Sq Ft Est. Value

Last Sold March 28, 2012

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

Est. 217% increase in value since last sale

Current estimated payment $4,066/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

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

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
$714,211

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

    11 Total Sales

    HELEN PRADO
    Section Image

  • N

    Buyer Co-Listing Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,176 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

Not Listed for Sale

MultiFamily

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