NOT LISTED FOR SALE

1090 E San Antonio Dr Long Beach, CA 90807

Bixby Knolls Neighborhood
1 Bed
2 Baths
14,980 Sq Ft
0.51 Acres

Last Sold February 09, 2018

Last sale price $4,875,000 $325 Per Sq Ft

33 Days on Market

Highlights

  • 22,247 Sq Ft lot
  • Open Floorplan
  • Lawn
  • Longfellow Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Bixby Knolls Park

About This Home

As of February 2018

The San Antonio Apartments is a 20-unit apartment community consisting of 16-one bedroom units and 4-studio units, located in the affluent Bixby Knolls neighborhood of Long Beach. The property offers investors a unique opportunity to acquire a highly sought-after property with over 15% rental upside in a strong non-rent controlled market.

Located in prime Bixby Knolls across the street from the beautiful Bixby Knolls Park.

Last Agent to Sell the Property

Robert Stepp

Keller Williams Realty Downey License #01456379 Listed on: 09/07/2017

Keller Williams Realty Downey

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc License #01908153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.51 Acre Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 11 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 14,980 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Ceramic Countertops
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Additional Features

  • Outdoor Grill
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 5719
  • Assessor Parcel Number 7135026002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 20 Units

Amenities

  • Laundry Facilities

Building Details

  • 20 Separate Electric Meters
  • 20 Separate Gas Meters
  • Electric Expense $1,924
  • Gardener Expense $3,150
  • Insurance Expense $7,440
  • Maintenance Expense $10,392
  • Pest Control $737
  • Professional Management Expense $15,659
  • Supplies Expense $5,000
  • Trash Expense $1,924
  • Water Sewer Expense $1,924
  • New Taxes Expense $60,708
  • Operating Expense $112,459
  • Gross Income $313,184
  • Net Operating Income $200,724

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

11

Listing Details

  • Professional Management Expense: 15659.00
  • Property Attached: Yes
  • Subdivision Name Other: Bixby Knolls (BK)
  • Supplies Expense: 5000.00
  • Water Sewer Expenses: 1924.00
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Gardener Expense: 3150.00
  • Parcel Number: 7135026002
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Levels: Two
  • Price Per Square Foot: 325.43

Exterior Features

  • Exterior Features: Barbecue Private
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 11.00
  • Total Parking Spaces: 11.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 737.00
  • Sewer: Unknown
  • Trash Expense: 1924.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 22247.00

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average Studio Area: 545 Square Feet
  • Electric Expense: 1924.00
  • Gross Income: 313184.00
  • Gross Scheduled Income: 329667.00
  • Insurance Expense: 7440.00
  • Maintenance Expense: 10392.00
  • Net Operating Income: 200724.00
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Units Total: 20
  • Operating Expense: 112459.00
  • Rent Control: No
  • Total Expenses: 112459.00

Tax Info

  • New Taxes Expense: 60708.00
  • Tax Census Tract: 5719.00
  • Tax Lot: 12
  • Tax Tract Number: 5719

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 Sold $4,875,000 -2.5% $325 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $5,000,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Stepp

    Seller's Agent in 2018

    Robert Stepp

    Keller Williams Realty Downey

    (310) 463-2916

    1 in this area

    76 Total Sales

    Robert Stepp
    Section Image
  • Anthony Walker

    Buyer's Agent in 2018

    Anthony Walker

    Buckingham Investments, Inc

    (310) 982-7055

    3 in this area

    91 Total Sales

    Anthony Walker
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17206048

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90807 Bixby Knolls

1090 E San Antonio Dr, Long Beach, CA

Not Listed for Sale

MultiFamily

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