$929,000
SOLD MAR 5, 2025
2 Beds
4 Baths
1,905 Sq Ft
3,108 Sq Ft Lot

Recently Sold

$488 Per Sq Ft

2% Below List Price

24 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Walk-In Closet
  • Longfellow Elementary School Rated A-
  • Balcony
  • Tile Countertops

About This Home

As of March 2025

Delight in the charm of Long Beach with this four-unit income property located in the Bixby Knolls area. Nested in a tree-lined street with a mix of homes, condos, and other small income properties, this excellent investment opportunity awaits. The property showcases two one-bedroom units and two single units. Residents benefit from designated parking and convenient on-site laundry facilities. A prime location offers easy access to a variety of amenities including Trader Joe's, local businesses, and casual and fine dining options. Enjoy a walkability score of 90 combined with convenient proximity to transportation, fantastic bikeability, and stress-free freeway access. Nearby parks include Scherer Park, Bixby Knolls Park and Somerset Park.
Currently the upper one bedroom is vacant, providing a fantastic chance for a buyer to occupy and have their mortgage paid. This is a property that delivers a perfect blend of convenient location, desirable living space and an investment opportunity for a 1031 exchange, first time buyer or move up investor.

Last Agent to Sell the Property

Kara Welliver

Harcourts Prime Properties Brokerage Phone: 949-391-5585 License #01358366 Listed on: 12/30/2024

Harcourts Prime Properties

Last Buyer's Agent

Juan Huizar

Sage Real Estate Group, Inc. License #01417642

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 1953

Lot Details

  • 3,108 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Quadruplex
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,905 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Paved Parking
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 29 / B
  • Tax Tract Number 4333
  • Assessor Parcel Number 7139009027
  • $708 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Bixby Knolls Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $40,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,722

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 237250
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Bixby Knolls (BK)
  • View: Yes
  • Zoning: LBR4N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7139009027
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Tile Counters
  • Stories: 2
  • Entry Location: 1 and 2
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 487.66
  • Room Type: Kitchen, Living Room, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Paved, On Site
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sprinkler System
  • Lot Size Sq Ft: 3108.00
  • Lot Size Acres: 0.0713

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Average Studio Area: 400 Square Feet
  • Gross Scheduled Income: 40653.00
  • Laundry Equipment Own Lease: Own
  • Lease Term: 12 Months
  • Lot Size Area: 3108.0000 Square Feet
  • Net Operating Income: 40653.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 2
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Rent Control: No

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5719.00
  • Tax Lot: 29
  • Tax Tract Number: 4333
  • TaxOtherAnnualAssessmentAmount: 708.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Jan 24, 2025
Sold by
Fields Hill Linda
Bought by
Kwok Wesley and Kwok Alexander Yhu
Seller's Agent
Kara Welliver
Harcourts Prime Properties
Buyer's Agent
Juan Huizar
Sage Real Estate Group, Inc.
List Price
$949,000
Sold Price
$929,000
Premium/Discount to List
-$20,000
-2.11%
Views
45
Current Estimated Value
$949,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,519
Avg. Annual Appreciation
5.21%
Original Mortgage
$696,750
Outstanding Balance
$693,246
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$256,273

Purchase Details

Closed on
Aug 11, 2022
Sold by
Hill Linda Fields and Hill Samuel Blake
Bought by
Hill Linda Fields

Purchase Details

Closed on
Mar 3, 2011
Sold by
Aurora Loan Services Llc
Bought by
Hill Linda Fields and Hill Samuel Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2010
Sold by
Yiaba John S
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 14, 2005
Sold by
Tomac Juliet
Bought by
Yiaba John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
Lowenthal Joshua
Bought by
Tomac Juliet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Tanaka Asami
Bought by
Lowenthal Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2002
Sold by
Urie Brad
Bought by
Lowenthal Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.37%

Purchase Details

Closed on
Dec 12, 2001
Sold by
Sugiyama Richard Y
Bought by
Urie Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.94%

Purchase Details

Closed on
Sep 2, 1993
Sold by
Sugiyama Waka
Bought by
Sugiyama Richard Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.24%
Source: Public Records

Similar Homes in Long Beach, CA

  • 5444 Lime Ave, Long Beach, CA 90805

    $868,000

    • 4 Beds
    • 2 Baths
    • 1,558 Sq Ft
    • 5444 Lime Ave
    • Long Beach, CA

    Price reduction on this charming duplex with Long-Term Tenants – Great Investment Opportunity! Don't miss this well-maintained duplex featuring two separate units, each offering 2 bedrooms and 1 bathroom. Both units include separate utilities, washer and dryer hookups for added convenience. Long-term, reliable tenants are already in place, making this an ideal opportunity for investors seeking

    Jenny Yin HomeSmart Evergreen Realty

    Section Image
  • 1648 E Plymouth St, Long Beach, CA 90805

    $895,000

    • 4 Beds
    • 3 Baths
    • 1,733 Sq Ft
    • 1648 E Plymouth St
    • Long Beach, CA

    Well-maintained and move-in ready duplex located in a clean, quiet North Long Beach neighborhood with great curb appeal. The front unit is a 1 bed / 1 bath featuring new wood-look flooring, fresh paint, recessed lighting, and a remodeled bathroom with tiled shower. It has both front and back entrances. Estimated rent potential of $2,000/month. The back unit is a spacious 3 bed / 2 bath with a

    Kevin Huynh HNA Realty, Inc.

    Section Image
  • 1725 E 55th St, Long Beach, CA 90805

    $775,000

    • 4 Beds
    • 1,613 Sq Ft
    • 1725 E 55th St
    • Long Beach, CA

    Welcome to this exceptional two-unit property in the heart of Long Beach, offering an incredible opportunity for both investors and first-time buyers. Each unit features two spacious bedrooms and well-appointed living areas, making it perfect for tenants or owner-occupants alike. The property includes a long, private driveway that leads to abundant garage space in the back, providing ample

    Alberto Sanchez Century 21 A Better Service

    Section Image
  • 325 E 59th St, Long Beach, CA 90805

    $749,000

    • 4 Beds
    • 2 Baths
    • 1,340 Sq Ft
    • 325 E 59th St
    • Long Beach, CA

    This versatile duplex in the heart of Long Beach offers an excellent opportunity for investors. Each unit features 2 spacious bedrooms and 1 full bathroom, along with individual 1-car garages, they each have private washer/dryer hookups, providing privacy and independence for each household. Recent upgrades include updated plumbing within the last 5 years and a brand-new water heater installed in

    Alberto Sanchez Century 21 A Better Service

    Section Image
  • 5886 Myrtle Ave, Long Beach, CA 90805

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,535 Sq Ft
    • 5886 Myrtle Ave
    • Long Beach, CA

    We are pleased to present a rare and exceptional opportunity to own a fully remodeled duplex in the heart of Long Beach, ideally located just minutes from the ocean. This beautifully updated property offers both comfort and versatility, making it well-suited for owner-occupants, investors, or multigenerational living arrangements.Front Unit (2 Bedrooms / 1 Bathroom): The front unit has

    Kristal Parseghian Century 21 On Target

    Section Image
  • 2590 E Carson St, Long Beach, CA 90810

    $695,000

    • 4 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 2590 E Carson St
    • Long Beach, CA

    We are pleased to present this well-located Carson duplex featuring (2) spacious 2-Bed/1-Bath units— the property boasts a desirable single-story construction, ideal for long-term tenant retention and ease of management. Carson follows AB-1482, no specific city rent control.Each unit offers its own private 1-car garage, presenting ADU potential (buyer to verify) for additional income

    Kristopher German RE/MAX 2000 REALTY

    Section Image
  • 5920 Cerritos Ave, Long Beach, CA 90805

    $785,000

    • 4 Beds
    • 3 Baths
    • 1,598 Sq Ft
    • 5920 Cerritos Ave
    • Long Beach, CA

    Great opportunity for owner-users, investors, or developers! Whether you're looking to live in one unit and rent out the other, or add to your investment portfolio, this versatile property offers multiple income-producing options.The front house features 3 bedrooms, 2 bathrooms, and in-unit laundry. The back house is a 1 bedroom, 1 bathroom unit, also with laundry. Each unit has separate gas,

    Ibrahim Shakir Power Brokers

    Section Image
  • 5959 Cherry Ave, Long Beach, CA 90805

    $825,000

    • 4 Beds
    • 3 Baths
    • 2,463 Sq Ft
    • 5959 Cherry Ave
    • Long Beach, CA

    Great opportunity to own a mixed use property. Both residential units are occupied and not on leases.Commercial unit is vacant.Formally built out as dispensary.Nearly ready to go, a plug and play dispensary. Perfect for a social equity applicant.

    Timothy Lewis Elliot Lewis, Broker

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $929,000 Monarch Title
Quit Claim Deed -- None Listed On Document
Grant Deed $320,000 Lsi Title Company
Trustee Deed $345,000 None Available
Grant Deed $699,000 Diversified Title
Grant Deed $515,000 First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $380,000 Fidelity National Title Co
Grant Deed $232,500 Lawyers Title
Quit Claim Deed -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $696,750 New Conventional
Previous Owner $239,000 New Conventional
Previous Owner $240,000 New Conventional
Previous Owner $680,000 Negative Amortization
Previous Owner $85,000 Stand Alone Second
Previous Owner $640,500 Balloon
Previous Owner $90,000 Credit Line Revolving
Previous Owner $524,250 New Conventional
Previous Owner $412,000 Purchase Money Mortgage
Previous Owner $305,000 Unknown
Previous Owner $304,000 No Value Available
Previous Owner $186,000 No Value Available
Previous Owner $85,000 No Value Available
Closed $51,500 No Value Available
Closed $104,850 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $929,000 -2.1% $488 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $949,000 -- $498 / 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 $5,722 $409,963 $217,793 $192,170
2024 $5,722 $401,925 $213,523 $188,402
2023 $5,619 $394,045 $209,337 $184,708
2022 $5,286 $386,320 $205,233 $181,087
2021 $5,167 $378,746 $201,209 $177,537
2019 $5,093 $368,134 $195,242 $172,892
2018 $4,928 $360,929 $191,414 $169,515
2016 $4,539 $346,320 $183,982 $162,338
2015 $4,365 $341,119 $181,219 $159,900
2014 $4,353 $334,438 $177,670 $156,768
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24247368

California Regional Multiple Listing Service (CRMLS)

APN: 7139-009-027