NOT LISTED FOR SALE

1109 E 71st Way Long Beach, CA 90805

Hamilton Neighborhood

Estimated Value: $776,693 - $922,000

4 Beds
2 Baths
1,560 Sq Ft
$530/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $635,000 $407 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,074/month

7 Days on Market

Highlights

  • No Units Above
  • Lawn
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Ceiling Fan

About This Home

As of March 2020

Great Opportunity. North Long Beach Duplex. Unit features 2 bedroom/1 bath. Separate gas and electric meters. New laminate flooring in rear unit. Front unit has original hard wood floors. New roof and exterior paint. Nicely landscaped. Features long driveway to a 2-car garage and 1 car garage with laundry hook ups in each. Area centrally located to schools, shopping and freeways.

Last Agent to Sell the Property

Katherine Bravo

Coldwell Banker Realty License #01312051 Listed on: 01/22/2020

Coldwell Banker Realty

Last Buyer's Agent

Eric Lem

Decorum Properties & Investments, Inc License #01988183

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 4,700 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Living Room
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 6/23
  • Tax Tract Number 570202
  • Assessor Parcel Number 7101029020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $610
  • Water Sewer Expense $744
  • Operating Expense $1,714

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 744.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7101029020
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 407.05
  • Room Type: Living Room
  • Window Features: Blinds

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 4700.00
  • Lot Size Acres: 0.1079

Multi Family

  • Electric Expense: 360.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 610.00
  • Lot Size Area: 4700.0000 Square Feet
  • 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: 3000.00
  • Rent Control: Yes
  • Total Expenses: 1714.00

Tax Info

  • Tax Lot: 6/23
  • Tax Tract Number: 570202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 7, 2020
Sold by
Bravo Arthur and Bravo Katherine
Bought by
Acevedo Daniel and Jones Tavia
Seller's Agent
Katherine Bravo
Coldwell Banker Realty
Buyer's Agent
Eric Lem
Decorum Properties & Investments, Inc
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%
Current Estimated Value
$826,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,673
Avg. Annual Appreciation
4.70%
Original Mortgage
$623,498
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2003
Sold by
Bravo Arthur and Bravo Michelle
Bought by
Bravo Arthur

Purchase Details

Closed on
Sep 10, 2003
Sold by
Bravo Katherine
Bought by
Bravo Arthur

Purchase Details

Closed on
Jun 10, 2003
Sold by
Williams Brenda and The Brenda L Williams Living T
Bought by
Bravo Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Williams Brenda L
Bought by
Williams Brenda L and The Brenda L Williams Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2002
Sold by
Ector Alice F
Bought by
Ector Alice F and Ector Living Trust

Purchase Details

Closed on
Jun 18, 1993
Sold by
Williams Brenda L and Ector Alice F
Bought by
Williams Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.25%
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
Acevedo Daniel $635,000 First American Title Company
Bravo Arthur -- --
Bravo Arthur -- Commonwealth Land Title Co
Bravo Arthur $283,500 Commonwealth Land Title Co
Williams Brenda L -- --
Ector Alice F -- --
Williams Brenda L -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acevedo Daniel $623,498
Previous Owner Bravo Arthur $226,400
Previous Owner Williams Brenda L $123,500
Closed Bravo Arthur $56,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $635,000 +1.6% $407 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $625,000 -- $401 / 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 $8,915 $694,461 $328,093 $366,368
2024 $8,915 $680,845 $321,660 $359,185
2023 $8,772 $667,496 $315,353 $352,143
2022 $8,241 $654,409 $309,170 $345,239
2021 $8,085 $641,578 $303,108 $338,470
2020 $4,858 $367,896 $178,098 $189,798
2019 $4,801 $360,683 $174,606 $186,077
2018 $4,607 $353,612 $171,183 $182,429
2016 $4,235 $339,883 $164,537 $175,346
2015 $4,066 $334,779 $162,066 $172,713
2014 $4,042 $328,222 $158,892 $169,330
Source: Public Records

Agents Affiliated with this Home

  • Katherine Bravo

    Seller's Agent in 2020

    Katherine Bravo

    Coldwell Banker Realty

    (562) 607-4205

    5 Total Sales

    Katherine Bravo
    Section Image
  • Eric Lem

    Buyer's Agent in 2020

    Eric Lem

    Decorum Properties & Investments, Inc

    (949) 533-8269

    30 Total Sales

    Eric Lem
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20016677

California Regional Multiple Listing Service (CRMLS)

APN: 7101-029-020

California Los Angeles County Long Beach 90805 Hamilton

1109 E 71st Way, Long Beach, CA

Not Listed for Sale

MultiFamily

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