NOT LISTED FOR SALE

Estimated Value: $1,396,300

4 Beds
2 Baths
3,156 Sq Ft
$442/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $955,000 $303 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,435/month

42 Days on Market

Highlights

  • Corner Lot
  • Longfellow Elementary School Rated A-
  • Laundry Room

About This Home

As of November 2019

LOCATION! SIZE! GREAT INVESTMENT! This property has it all. Located directly across the street from the exclusive Steelcraft, this property is in the best location in Bixby Knolls. Beautifully upgraded and large spaces for living will make whoever is living there feel lucky to live here. Walking distance to stores, restaurants, award winning schools, metro, Long Beach Memorial Hospital, freeways and more! The location alone keeps these properties from ever being vacant and they are always in high demand when a tenant has moved out (which doesn't happen often because it is such a nice place). The huge driveway could afford to have 8 cars parked on the property so you never have to worry about guest parking. This building also has a detached two car garage with separate garage doors for both units for more storage of cars or property. Priced to sell and not too many opportunities come up in Bixby Knolls for multi units of this caliber. Submit your offer as soon as possible!

Last Agent to Sell the Property

Derek Johnson

Christie's Southern California License #01885580 Listed on: 09/06/2019

Christie's Southern California

Last Buyer's Agent

Victoria Gibo

Re/Max R. E. Specialists License #01876306

Re/Max R. E. Specialists

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,968 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Parking

  • 8 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 3,156 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 4333
  • Assessor Parcel Number 7139012011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Bixby Knolls (BK)
  • Property Type: Residential Income
  • Parcel Number: 7139012011
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 302.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6968.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6968.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 3700.00

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 4333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2020
Sold by
301 Bixby Llc
Bought by
Santoro Louis V and Broom Kerry L
Current Estimated Value
$1,396,300

Purchase Details

Listed on
Sep 6, 2019
Closed on
Nov 14, 2019
Sold by
Killingsworth Kathleen Mcfadden
Bought by
Killingsworth Kim Baird
Seller's Agent
Derek Johnson
Christie's Southern California
Buyer's Agent
Victoria Gibo
Re/Max R. E. Specialists
List Price
$1,030,000
Sold Price
$955,000
Premium/Discount to List
-$75,000
-7.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 24, 2019
Sold by
Killingswoth Family Llc
Bought by
Bixby Llc
Seller's Agent
Derek Johnson
Christie's Southern California
Buyer's Agent
Victoria Gibo
Re/Max R. E. Specialists
List Price
$1,030,000
Sold Price
$955,000
Premium/Discount to List
-$75,000
-7.28%

Purchase Details

Closed on
Jun 1, 2007
Sold by
Killingsworth Laura C and Laura C Killingsworth 1991 Tru
Bought by
Killingsworth Family Llc
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
Santoro Louis V $955,000 Orange Coast Title
Killingsworth Kim Baird -- Orange Coast Title
Bixby Llc $955,000 Orange Coast Title
Killingsworth Family Llc -- None Available
Killingsworth Gregor Lee -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2019 11/21/19 Sold $955,000 -3.5% $303 / Sq Ft
10/10/2019 10/10/19 Price Changed $990,000 -3.9% $314 / Sq Ft
09/06/2019 09/06/19 For Sale $1,030,000 -- $326 / 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 $13,596 $1,044,427 $606,971 $437,456
2024 $13,596 $1,023,949 $595,070 $428,879
2023 $13,365 $1,003,872 $583,402 $420,470
2022 $12,550 $984,189 $571,963 $412,226
2021 $12,293 $964,893 $560,749 $404,144
2020 $12,261 $955,000 $550,000 $405,000
2019 $2,429 $135,557 $85,911 $49,646
2018 $2,313 $132,900 $84,227 $48,673
2016 $2,123 $127,741 $80,957 $46,784
2015 $2,054 $125,823 $79,741 $46,082
2014 $2,051 $123,359 $78,179 $45,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19214338

California Regional Multiple Listing Service (CRMLS)

APN: 7139-012-011