NOT LISTED FOR SALE

4186 Elm Ave Long Beach, CA 90807

Bixby Knolls Neighborhood
1 Bed
2 Baths
5,041 Sq Ft
10,623 Sq Ft Lot

Last Sold January 02, 2019

Last sale price $1,950,000 $387 Per Sq Ft

210 Days on Market

About This Home

As of January 2019

Rare opportunity to own a 14 unit residential income in Long Beach! Located near the 405 and 710 freeway in the highly desirable Bixby Knolls neighborhood in Long Beach. On site laundry and 6 garage spaces. Master meters for all utilities. All units are leased out. This is a growing and highly sought after part of town with Trader Joes across the street and Virginia country club just a few blocks down. Inquire for more information today.

Last Agent to Sell the Property

Brian Ngoy

Real Brokerage Technologies License #01821280 Listed on: 03/22/2018

Last Buyer's Agent

Bradley Johnson

Bradley Johnson, Broker License #01896130

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 10,623 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 5,041 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 4333
  • Assessor Parcel Number 7139008016

Community Details

Overview

  • 2 Buildings
  • 14 Units

Building Details

  • 14 Leased Units
  • Electric Expense $5,562
  • Fuel Expense $2,583
  • Gardener Expense $1,140
  • Insurance Expense $2,290
  • Maintenance Expense $14,180
  • Pest Control $664
  • Professional Management Expense $8,129
  • Supplies Expense $558
  • Trash Expense $2,748
  • Water Sewer Expense $1,923
  • New Taxes Expense $28,000
  • Operating Expense $39,282
  • Gross Income $142,962
  • Net Operating Income $103,679

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 8129.00
  • Property Attached: Yes
  • Subdivision Name Other: Bixby Knolls (BK)
  • Supplies Expense: 557.86
  • Water Sewer Expenses: 1923.00
  • Zoning: LBCNR
  • Property Type: Residential Income
  • Gardener Expense: 1140.00
  • Parcel Number: 7139008016
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 386.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Pest Control Expense: 664.00
  • Sewer: Public Sewer
  • Trash Expense: 2748.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10623.00
  • Lot Size Acres: 0.2439

Multi Family

  • Average1 Bed Area: 1300 Square Feet
  • Average Studio Area: 400 Square Feet
  • Electric Expense: 5562.00
  • Fuel Expense: 2583.00
  • Gross Income: 142962.00
  • Gross Scheduled Income: 142962.00
  • Insurance Expense: 2290.00
  • Lot Size Area: 10623.0000 Square Feet
  • Maintenance Expense: 14180.00
  • Maintenance Percent: 9.90
  • Net Operating Income: 103679.00
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Operating Expense: 39282.00
  • Rent Control: No
  • Total Expenses: 39282.00

Tax Info

  • New Taxes Expense: 28000.00
  • Tax Census Tract: 5719.00
  • Tax Lot: 7
  • Tax Tract Number: 4333

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2019 01/02/19 Sold $1,950,000 -11.4% $387 / Sq Ft
12/17/2018 12/17/18 For Sale $2,200,000 0.0% $436 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
06/08/2018 06/08/18 Price Changed $2,200,000 +10.1% $436 / Sq Ft
03/22/2018 03/22/18 For Sale $1,999,000 -- $397 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Ngoy

    Seller's Agent in 2019

    Brian Ngoy

    Real Brokerage Technologies

    (626) 232-0713

    60 Total Sales

    Brian Ngoy
    Section Image

  • B

    Buyer's Agent in 2019

    Bradley Johnson

    Bradley Johnson, Broker

    (714) 282-9689

    4 Total Sales

    Bradley Johnson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18065828

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

4186 Elm Ave, Long Beach, CA

This home is located at 4186 Elm Ave, Long Beach, CA 90807 since 22 March 2018. This property was built in 1929. 4186 Elm Ave is a home located in Los Angeles County with nearby schools including Longfellow Elementary School, Hughes Middle School, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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