1149 E 71St Way, Long Beach, CA 90805
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1149 E 71St Way Long Beach, CA 90805

$775,000 Sold Price as of 10/27/2021
  • 4 Beds
  • 2 Baths
  • 1,618 Sq.Ft.
Sold
$775,000 Sold Price as of 10/27/2021 Refinance Your Mortgage

Map preview of 1149 E 71St Way, Long Beach, CA 90805

Property Overview: 1149 E 71St Way Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,618 living square feet and 4,701 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the market at no fault of the owner! GREAT INVESTMENT PROPERTY! Located in North Long Beach, this lovely Duplex consist of two detached units! Each unit has two bedrooms and one bathroom. Both units are 809 sqft each. The exterior has been recently painted and the yard has been newly seeded. Both unit have a private yard great for your enjoyment! Located close to the 91 and 710 freeways. This property is a gem you don't want to miss! All information is deemed true but it is suggested you research.

Listed by Tenisha Smith | BRE #02088521 | Agents Of LA., Inc.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
4,701
HOA Dues
$0/mo
Year built
1956
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21771292
City
Long Beach
County
Los Angeles
Time on Site
1000 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.5
  • Gross Scheduled Income: --
  • Net Operating Income: $24,808
  • Gross Operating Income: $33,003
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1149 E 71St Way

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 7101030018
Location / Neighborhood
Location Information
  • Directions: Located on Orange Ave and E. 71st Way
View more facts & features

Local Long Beach Agent

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Sale History for 1149 E 71St Way

Last sold for $775,000 on October 27th, 2021
  • September, 2021

  • Sep 11, 2021

    Date

    Active

    CRMLS: 21771292

    $750,000

    Price

  • Sep 10, 2021

    Date

    Active Under Contract

    CRMLS: 21771292

    $750,000

    Price

  • Aug 16, 2021

    Date

    Active

    CRMLS: 21771292

    $750,000

    Price

  • Aug 11, 2021

    Date

    Coming Soon

    CRMLS: 21771292

    $750,000

    Price

  • January, 2020

  • Jan 14, 2020

    Date

    Pending

    CRMLS: PW16178436

    $475,000

    Price

  • Dec 5, 2016

    Date

    Sold

    CRMLS: PW16178436

    $500,000

    Price

  • Sep 27, 2016

    Date

    Pending

    CRMLS: PW16178436

    $475,000

    Price

  • Aug 13, 2016

    Date

    Price Change

    CRMLS: PW16178436

    $475,000

    Price

  • Listing provided courtesy of CRMLS

    Great for first time buyers or investors 2 separate units on 1 lot, this property won't last! Both units have 2 bedrooms & 1 bath, both spacious, rear unit has a patio in the back. Great multi family property. 1 car garage each plus a driveway that fits 2 more cars.

  • December, 2016

  • Dec 1, 2016

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

  • April, 1998

  • Apr 6, 1998

    Date

    Sold (Public Records)

    Public Records

    $160,000

    Price

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Tax History for 1149 E 71St Way

Assessed Value (2020): $530,604
Year Land Value Improved Value Assessed Value
2020 $265,302 $265,302 $530,604

Home Value Compared to the Market

This property vs the competition

1149 E 71St Way sold on October 27, 2021 for 6.25% lower than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $463.54 per/sqft which puts the price per square foot 26.66% lower than the current median sale per square foot for the city of Long Beach.

About 1149 E 71St Way

Detailed summary of property

1149 E 71St Way is a multi family that recently sold in Long Beach, CA 90805. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,618 living square feet, and sits on an approximately 4,701 square foot lot. 1149 E 71St Way was first listed on ArdentRealEstateGroup.com on August 11, 2021. The homeowner sold the property for $775,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 6.25% lower than the current median priced home. Local homes that are currently for sale include 1503 E 109th St, 2185 Elm Ave and 2100 Pine Ave. While the average home in Long Beach, CA is selling in 53 days, 1149 E 71St Way has a days on market of 30 days. There are currently 627 homes for sale in the Long Beach real estate market and 356 of them are single family homes while 258 of them are condos and 13 are townhomes. For more information on this home for sale at 1149 E 71St Way Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1149 E 71St Way

Public county record property details
Beds
4
Baths
2
Year built
1956
Sq. Ft.
1,618
Lot Size
4,701
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
7101-030-018

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$679,000
Median List Price/Sq.Ft.
$548
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
64
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.