Seller's Agent in 2019
Brian Ngoy
Real Brokerage Technologies
(626) 232-0713
57 Total Sales
4186 Elm Ave Long Beach, CA 90807
Bixby Knolls Neighborhood
1
Bed
2
Baths
5,041
Sq Ft
10,624
Sq Ft Lot
About This Home
As of January 2019Rare 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
Real Brokerage Technologies License #01821280 Listed on: 03/22/2018
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 | $28,838 | $2,175,257 | $1,115,517 | $1,059,740 |
| 2024 | $28,838 | $2,132,606 | $1,093,645 | $1,038,961 |
| 2023 | $28,329 | $2,090,791 | $1,072,201 | $1,018,590 |
| 2022 | $26,605 | $2,049,796 | $1,051,178 | $998,618 |
| 2021 | $26,053 | $2,009,605 | $1,030,567 | $979,038 |
| 2020 | $25,988 | $1,992,000 | $1,020,000 | $972,000 |
| 2019 | $27,631 | $1,953,000 | $1,000,000 | $953,000 |
| 2018 | $14,264 | $1,026,498 | $511,749 | $514,749 |
| 2016 | $13,155 | $983,756 | $491,878 | $491,878 |
| 2015 | $12,655 | $968,980 | $484,490 | $484,490 |
| 2014 | $12,636 | $950,000 | $475,000 | $475,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Ngoy
-
Bradley Johnson
B
Buyer's Agent in 2019
Bradley Johnson
Bradley Johnson, Broker
(714) 282-9689
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS18065828
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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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