NOT LISTED FOR SALE

4339 Elm Ave Long Beach, CA 90807

Bixby Knolls Neighborhood

Estimated Value: $1,266,000 - $1,734,000

6 Beds
3 Baths
3,076 Sq Ft
$506/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $1,000,000 $325 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,365/month

6 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • No HOA
  • Los Cerritos Elementary School Rated A
  • Lawn
  • Neighborhood Views

About This Home

As of July 2017

Great 2 Story 4 plex in prime Bixby Knolls. Walking distance to Atlantic Avenue shopping and Trader Joes. Close to freeways. All large 2 bedroom, 769 sq ft each. Huge 8528 sq foot lot. 4 garages - 2 2 car - rented separately. Separate gas and electrical meters. Great street, just a few blocks to Virginia Country Club and Sherer Park. There is a small room off garage with washer hook ups.

Last Agent to Sell the Property

Maggie Shapiro

Keller Williams Coastal Prop. License #01299535 Listed on: 06/10/2017

Keller Williams Coastal Prop.

Last Buyer's Agent

Kevin Hoban

Kevin C. Hoban, Broker License #00924277

Kevin C. Hoban, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 8,528 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Chain Link Fence
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 3,076 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Neighborhood Views
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 13130
  • Assessor Parcel Number 7134016006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $2,700
  • Gross Income $66,864

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Bixby Knolls (BK)
  • View: Yes
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7134016006
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 325.10

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Disposal
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Near Public Transit
  • Lot Size Sq Ft: 8528.00

Rental Info

  • Garage Rental Rate: 100.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 769 Square Feet
  • Gross Income: 66864.00
  • Gross Scheduled Income: 78672.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 66864.00
  • Total Expenses: 2700.00

Tax Info

  • Tax Census Tract: 5715.02
  • Tax Lot: 18
  • Tax Tract Number: 13130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2017
Closed on
Jul 6, 2017
Sold by
Condoretti Samuel R
Bought by
4339 Elm Llc
Seller's Agent
Maggie Shapiro
Keller Williams Coastal Prop.
Buyer's Agent
Kevin Hoban
Kevin C. Hoban, Broker
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Current Estimated Value
$1,556,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,285
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Sep 17, 2004
Sold by
Thav Michael V and Thav Jocelyn C
Bought by
Condoretti Samuel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,750
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2004
Sold by
Thav Michael V
Bought by
Thav Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2001
Sold by
Chung Jocelyn
Bought by
Thav Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
7.24%

Purchase Details

Closed on
Jun 4, 2001
Sold by
Ellinoy Brian J and Ellinoy Bruce R
Bought by
Thav Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,200
Interest Rate
7.24%

Purchase Details

Closed on
Apr 21, 1998
Sold by
Stephen I Ellinoy Trust and Brian J
Bought by
Ellinoy Brian J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
4339 Elm Llc $1,000,000 Old Republic Title Company
Condoretti Samuel R $745,000 Lawyers Title
Thav Michael -- Ort
Thav Michael -- --
Thav Michael $309,000 --
Ellinoy Brian J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Condoretti Samuel R $558,750
Previous Owner Thav Michael $333,700
Previous Owner Thav Michael $197,200
Closed Thav Michael $50,000
Closed Condoretti Samuel R $111,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2017 07/12/17 Sold $1,000,000 -3.8% $325 / Sq Ft
06/13/2017 06/13/17 Price Changed $1,040,000 +4.5% $338 / Sq Ft
06/10/2017 06/10/17 For Sale $995,000 -- $323 / 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 $14,724 $1,137,826 $682,696 $455,130
2024 $14,724 $1,115,516 $669,310 $446,206
2023 $14,475 $1,093,644 $656,187 $437,457
2022 $13,592 $1,072,201 $643,321 $428,880
2021 $13,318 $1,051,178 $630,707 $420,471
2019 $13,128 $1,020,000 $612,000 $408,000
2018 $13,758 $1,000,000 $600,000 $400,000
2016 $10,768 $877,229 $694,721 $182,508
2015 $10,338 $864,053 $684,286 $179,767
2014 $10,276 $847,128 $670,882 $176,246
Source: Public Records

Agents Affiliated with this Home

  • Maggie Shapiro

    Seller's Agent in 2017

    Maggie Shapiro

    Keller Williams Coastal Prop.

    (562) 260-3072

    15 Total Sales

    Maggie Shapiro
    Section Image
  • Kevin Hoban

    Buyer's Agent in 2017

    Kevin Hoban

    Kevin C. Hoban, Broker

    (562) 708-0393

    1 in this area

    12 Total Sales

    Kevin Hoban
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17132052

California Regional Multiple Listing Service (CRMLS)

APN: 7134-016-006

California Los Angeles County Long Beach 90807 Bixby Knolls

4339 Elm Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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