2820 70th Street

Long Beach, CA 90805

$899,000
Last Sold Price
6
Beds
4
Baths
2,496 Sq. Ft.
$360 / Sq. Ft.
2,496
Sq. Ft.
$360
per Sq. Ft.

Description

Amazing opportunity to own a 2-story duplex townhouse style featuring (1) 3-Bedroom/2-Bath downstairs unit and (1) 3-Bedroom/1.5-Bathroom upstairs unit, for a total living area of 2,496 sqft. Situated on a large 9,186 sqft lot, there is an abundance of parking between the (2) 2-car garages, driveway and additional uncovered parking space to possibly adding an ADU. The units are well-maintained with minor updates and recent painting. Each unit features its own water heater, Central AC & Heating, as...Amazing opportunity to own a 2-story duplex townhouse style featuring (1) 3-Bedroom/2-Bath downstairs unit and (1) 3-Bedroom/1.5-Bathroom upstairs unit, for a total living area of 2,496 sqft. Situated on a large 9,186 sqft lot, there is an abundance of parking between the (2) 2-car garages, driveway and additional uncovered parking space to possibly adding an ADU. The units are well-maintained with minor updates and recent painting. Each unit features its own water heater, Central AC & Heating, as well as individual metering for gas & electric. There are W/ D hookups in each unit and the current owner also recently installed brand new white perimeter fencing. With great in-place income and rental upside rent potential, this is an excellent opportunity for an owner-user and investor alike to acquire an investment property in one of the most rapidly developing cities in Los Angeles.
  1. Listed by Samir Rai • DRE #01868728 • Brokerage DRE #01868728 • Keystone Realty Group

Property Details for 2820 70th Street

Parking Spaces Total
4
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2496
Assessor Parcel Number
7113-010-028
Property Attached YN
false

Location

Listing Courtesy of Keystone Realty Group, Samir Rai, DRE #01868728

Sold By Ultra Realty Group, Ivan Lomeli, DRE #01317108

Add your commute
LISTING UPDATED: 01/28/2021 08:28 AM

Property Details for 2820 70th Street

StatusClosed
MLS #TR20180855
Days on Market108
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.21 AC / 9,186 SF
CountyLos Angeles County

Location

Listing Courtesy of Keystone Realty Group, Samir Rai, DRE #01868728

Sold By Ultra Realty Group, Ivan Lomeli, DRE #01317108

Add your commute

Building Information for 2820 70th Street

Stories2Residences-Year Built1921Building Size-Lot Size0.21 AC / 9,186 SF

Payment Calculator

$5,923 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$1,017

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2820 70th Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $64,800
  • Gross Scheduled Income: $64,800
  • Net Operating Income: $48,600
  • Financing: Conventional
Expense Details
  • Operating Expense: $16,200
  • New Taxes Expense: $9,250
  • Gardener Expense: $700
  • Fuel Expense: $0
  • Insurance Expense: $1,500
  • Trash Expense: $1,200
  • Total Expenses: $16,200
Tax / Assessment Info
  • Tax Block: 20
  • Tax Tract Number: 16948
  • Tax Census Tract: 5702.03
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Gutters, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
Exterior Features
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Garden
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Direct Entrance, Driveway
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access, Driveway, Asphalt, Concrete
Property / Structure Info
  • Builders Tract Name: Lakewood Village
  • Builders Tract Code: Lakewood Village (LKVL)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,080
  • Unit Type Total Rent: $2,080
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 2820 70th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2820 70th Street

Taxable ValueLand$519,159Additions$416,160Total$935,319
Tax Record2023$12,203 ($1,017 / month)
Home Facts
Total Finished SqFt2,496 SqFtAbove Grade Finished SqFt2,496 SqFtStories2Lot Size9,186 SqFtStyleDuplexYear Built1921ZoningLBR2NCountyLOS ANGELESAPN7113-010-028

Schools near 2820 70th Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
McKinley Elementary School
PublicK to 5

Hamilton Middle School
Public6 to 8

Jordan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keystone Realty Group, Samir Rai, DRE #01868728

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.