NOT LISTED FOR SALE

1110 E 71st St Long Beach, CA 90805

Hamilton Neighborhood

Estimated Value: $1,026,000 - $1,188,381

7 Beds
4 Baths
2,612 Sq Ft
$432/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $902,440 $345 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,950/month

65 Days on Market

About This Home

As of May 2021

The property comprises two well-maintained single-family homes with spacious floorplans on a 0.21-acre lot. One of the homes has three bedrooms, two baths, and a den, and the other home has four bedrooms and two baths. The front home has a back patio, a fireplace, a single-car garage, and surface parking, and the rear home has a grassy backyard. Both homes have in-unit laundry, floorplans over 1,000 square feet, and are separately metered for gas and electricity. The homes are mastermetered for water, however the current tenants pay the water bill.

1110 East 71st Street is located on a quiet residential street in North Long Beach north of the 91 Freeway, west of Orange Avenue, and a couple blocks north of Hamilton Middle School.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 02/17/2021

Last Buyer's Agent

Gus Quinonez

Huntington Beach Realty Inc License #01255351

Huntington Beach Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 9,218 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Home Design

  • 2,612 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 8 / 23
  • Assessor Parcel Number 7101034003

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $16,020
  • Net Operating Income $39,817

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7101034003
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 345.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 9218.00
  • Lot Size Acres: 0.2116

Multi Family

  • Gross Scheduled Income: 57564.00
  • Lot Size Area: 9218.0000 Square Feet
  • Net Operating Income: 39817.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 16020.00
  • Rent Control: Yes
  • Total Expenses: 16020.00

Tax Info

  • Tax Block: 23
  • Tax Census Tract: 5702.02
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2018
Sold by
Garcia Humberto
Bought by
Garcia Humberto and Jimenez Barbara
Current Estimated Value
$1,128,095

Purchase Details

Closed on
Sep 18, 2003
Sold by
Garcia Humberto and Flores Yolanda H
Bought by
Garcia Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2000
Sold by
Eunice Mcleish D W and Eunice A
Bought by
Garcia Humberto and Flores Yolanda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Interest Rate
8.49%
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
Garcia Humberto -- None Available
Garcia Humberto -- Fidelity
Garcia Humberto $285,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Humberto $272,000
Previous Owner Garcia Humberto $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2021 05/28/21 Sold $902,440 +0.8% $345 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $895,000 -9.1% $343 / Sq Ft
02/17/2021 02/17/21 For Sale $985,000 -- $377 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,958 $976,785 $541,216 $435,569
2024 $12,418 $957,633 $530,604 $427,029
2023 $12,218 $938,856 $520,200 $418,656
2022 $11,478 $920,448 $510,000 $410,448
2021 $6,669 $510,310 $220,579 $289,731
2020 $6,652 $505,079 $218,318 $286,761
2019 $6,575 $495,177 $214,038 $281,139
2018 $6,281 $485,469 $209,842 $275,627
2016 $5,766 $466,620 $201,695 $264,925
2015 $5,536 $459,612 $198,666 $260,946
2014 $5,502 $450,610 $194,775 $255,835
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1231

    1 in this area

    86 Total Sales

    Steve Bogoyevac
    Section Image

  • G

    Buyer's Agent in 2021

    Gus Quinonez

    Huntington Beach Realty Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21033487

California Regional Multiple Listing Service (CRMLS)

APN: 7101-034-003

California Los Angeles County Long Beach 90805 Hamilton

1110 E 71st St, Long Beach, CA

Not Listed for Sale

MultiFamily

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