Pedro Torres Jr.
First Class Platinum Brokers
(562) 392-3404
121 Total Sales
1 in Hamilton
$725,000 Price
1019 E 70th Way Long Beach, CA 90805
Hamilton NeighborhoodEstimated Value: $799,000 - $981,000
5
Beds
2
Baths
1,640
Sq Ft
$532/Sq Ft
Est. Value
About This Home
As of June 2020Great opportunity to maximize your investment!! Large lot with detached garage allows you to maximize your rents with over sized parking capability. Roof is in good condition with dual pane windows. Both units have been upgraded within the last 5 years with long term tenants and great rent history.
Last Agent to Sell the Property
David Rios
Capital Property Brokers License #01797545 Listed on: 02/14/2020
Last Buyer's Agent
David Rios
Capital Property Brokers License #01797545 Listed on: 02/14/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 9,223 Sq Ft Lot
- No Common Walls
- Sprinkler System
- Back and Front Yard
Parking
- 2 Car Garage
Home Design
- 1,640 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry in unit
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 7101033018
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,000
- New Taxes Expense $1,179
- Operating Expense $2,179
- Gross Income $38,400
- Net Operating Income $36,221
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2020
Closed on
Jun 15, 2020
Sold by
Bought by
Seller's Agent
David Rios
Capital Property Brokers
Buyer's Agent
David Rios
Capital Property Brokers
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,078
Avg. Annual Appreciation
4.67%
Original Mortgage
$495,000
Outstanding Balance
$429,950
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$442,128
Purchase Details
Listed on
Feb 14, 2020
Closed on
May 27, 2020
Sold by
Bought by
Seller's Agent
David Rios
Capital Property Brokers
Buyer's Agent
David Rios
Capital Property Brokers
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Outstanding Balance
$429,950
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$442,128
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hamilton, CA
-
Pedro Torres Jr.
-
Jasmin Duran
Jasmin Duran
Keller Williams Coastal Prop
(562) 262-8540
40 Total Sales
2 in Hamilton
$750,000 Price Range
-
Mark Lear
Mark Lear
WERE Real Estate Inc
(657) 223-8121
353 Total Sales
1 in Hamilton
$615,000 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
126 Total Sales
2 in Hamilton
$862,500 Price Range
-
Laura Pinelli
Laura Pinelli
LAURA PINELLI, BROKER
(626) 605-6436
32 Total Sales
1 in Hamilton
$660,000 Price
-
Jason Lowery
Jason Lowery
Compass
(747) 229-0866
88 Total Sales
2 in Hamilton
$755,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Accommodation | ||
| $660,000 | Lawyers Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $495,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2020 06/23/20 | Sold | $660,000 | +1.5% | $402 / Sq Ft |
| 05/15/2020 05/15/20 | Pending | -- | -- | -- |
| 05/08/2020 05/08/20 | For Sale | $650,000 | 0.0% | $396 / Sq Ft |
| 02/26/2020 02/26/20 | Pending | -- | -- | -- |
| 02/14/2020 02/14/20 | For Sale | $650,000 | -- | $396 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,844 | $721,801 | $459,329 | $262,472 |
| 2024 | $9,445 | $707,649 | $450,323 | $257,326 |
| 2023 | $9,294 | $693,775 | $441,494 | $252,281 |
| 2022 | $8,741 | $680,173 | $432,838 | $247,335 |
| 2021 | $8,467 | $666,837 | $424,351 | $242,486 |
| 2020 | $1,192 | $55,752 | $23,053 | $32,699 |
| 2019 | $1,179 | $54,659 | $22,601 | $32,058 |
| 2018 | $1,011 | $53,588 | $22,158 | $31,430 |
| 2016 | $925 | $51,509 | $21,299 | $30,210 |
| 2015 | $895 | $50,737 | $20,980 | $29,757 |
| 2014 | $902 | $49,745 | $20,570 | $29,175 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2020
David Rios
Capital Property Brokers
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20034760
APN: 7101-033-018
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.
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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