NOT LISTED FOR SALE

4375 Elm Ave Long Beach, CA 90807

Bixby Knolls Neighborhood

Estimated Value: $1,376,000 - $2,199,676

8 Beds
4 Baths
3,024 Sq Ft
$575/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2018

Last sale price $1,435,000 $475 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,148 / mo

44 Days on Market

About This Home

As of October 2018

Elm at Bixby Knolls Apartment Homes in Long Beach, CA, presents a TURNKEY INVESTMENT with UNBEATABLE INPLACE CASH FLOW. The property is located in the strong and desirable rental market adjacent to Virginia Country Club and walkable to many Retail amenities. Built in 1945, Elm has 3,024 square feet of rentable space via its four (4) two-bedroom one-bathroom units. The property sits upon a on a HUGE COMPELTELY REDESIGNED 9,298-SF LOT and benefits from EXTENSIVE MAJOR RENOVATIONS that were just completed including, but not limited to, new paint, stainless steel appliances, completely remodeled kitchens and flooring, hardscaping and landscaping. There are four single car garages, one for each unit that produce income. The Bixby area is a quiet, upscale neighborhood with tree-lined streets. Use 30Yr Financing to SECURE GREAT LONG TERM CASH FLOW.

Last Agent to Sell the Property

Daniel Blackwell

CB Richard Ellis, Inc. License #01854961 Listed on: 08/07/2018

Last Buyer's Agent

Matthew Beatty

Keller Williams Pacific Estate License #02000175

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 9,298 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7134-016-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

9,298 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3024
  • Stories: 2
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 495.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 345700
  • Assessed Land Value: 479300
  • Assessor Parcel Number: 7134-016-001
  • Geocode Override: No
  • Lot Size Area: 9298

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 14.54
  • Number Of Units: 4
  • Type Of Units: Apartments

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 14, 2018
Sold by
Bought by
Seller's Agent
Daniel Blackwell
CB Richard Ellis, Inc.
Buyer's Agent
Matthew Beatty
Keller Williams Pacific Estate
List Price
$1,499,000
Sold Price
$1,435,000
Premium/Discount to List
-$64,000
-4.27%
Current Estimated Value
$1,739,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,169
Avg. Annual Appreciation
2.52%
Original Mortgage
$595,000
Outstanding Balance
$517,806
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,221,363

Purchase Details

Closed on
Dec 20, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,500
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,400
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,100
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,435,000 Ticor Title Company Of Calif
$950,000 Ticor Title Company Of Ca
-- None Available
$820,000 Chicago Title Co
$538,000 Ticor Title Company
$241,000 Gateway Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $595,000
Previous Owner $665,000
Previous Owner $688,500
Previous Owner $430,400
Previous Owner $232,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2018 10/01/18 Sold $1,435,000 -4.3% $475 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $1,499,000 +57.8% $496 / Sq Ft
03/15/2017 03/15/17 Sold $950,000 0.0% $314 / Sq Ft View Prior Sale
12/14/2016 12/14/16 Pending -- -- --
12/08/2016 12/08/16 For Sale $950,000 -- $314 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,266 $1,600,765 $780,861 $819,904
2024 $20,351 $1,569,378 $765,550 $803,828
2023 $20,010 $1,538,607 $750,540 $788,067
2022 $18,778 $1,508,439 $735,824 $772,615
2021 $18,411 $1,478,863 $721,397 $757,466
2019 $18,148 $1,435,000 $700,000 $735,000
2018 $12,388 $969,000 $581,400 $387,600
2017 $10,735 $825,000 $479,300 $345,700
2016 $10,169 $825,000 $479,300 $345,700
2015 $9,454 $785,000 $456,100 $328,900
2014 $9,575 $785,000 $456,100 $328,900
Source: Public Records

Agents Affiliated with this Home

  • Daniel Blackwell

    Seller's Agent in 2018

    Daniel Blackwell

    CB Richard Ellis, Inc.

    (949) 423-6111

    49 Total Sales

    Daniel Blackwell
    Section Image

  • M

    Buyer's Agent in 2018

    Matthew Beatty

    Keller Williams Pacific Estate

    Section Image

  • C

    Seller's Agent in 2017

    Chet Johnston

    Chet Johnston

  • William Larson

    Buyer's Agent in 2017

    William Larson

    First Team Real Estate

    (866) 525-3656

    23 Total Sales

    William Larson
    Section Image
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Map

Source: The MLS

MLS Number: 18-373444

The MLS

APN: 7134-016-001

California Los Angeles County Long Beach 90807 Bixby Knolls

4375 Elm Ave, Long Beach, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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