S
Seller's Agent in 2021
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1231
1 in this area
87 Total Sales
440 E San Antonio Dr Long Beach, CA 90807
Bixby Knolls NeighborhoodEstimated Value: $1,658,000 - $1,847,000
5
Beds
4
Baths
4,370
Sq Ft
$401/Sq Ft
Est. Value
Highlights
- Laundry Room
- Longfellow Elementary School Rated A-
- Rectangular Lot
About This Home
As of August 2021440 East San Antonio Drive is a fourplex for sale in Long Beach, California’s desirable Bixby Knolls neighborhood. The building is a well-maintained 1970 construction with a desirable mix of one three-bedroom/two-bath unit and three two-bedroom/one-and-one-half-bath units. This offering is a great owner/user investment opportunity with potential upside in rents. Additionally, as a fourplex this property may qualify for attractive residential financing.
The property also offers five single-car garages, private patios, an underutilized laundry room, and separate gas and electric meters. The three-bedroom unit features a fireplace and in-unit laundry, and select units have been renovated with upgraded flooring, cabinetry, countertops, and bathroom vanities.
440 East San Antonio Drive is well-located near the Virginia Country Club in the desirable Bixby Knolls neighborhood, where the average household income within one mile exceeds $111,000. The property’s convenient proximity to nearby grocery stores, dining, and retail have earned it a WalkScore of 91; tenants enjoy an easy one-block walk to a Trader Joe’s, MOD Pizza, Crunch Fitness, and more. Additionally, just a few blocks away are a Starbucks, Marshalls, Rite Aid, and more.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 01/29/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 5,959 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 5 Car Garage
Home Design
- 4,370 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Suburban Location
Listing and Financial Details
- Tax Lot 66
- Tax Tract Number 10579
- Assessor Parcel Number 7139008004
Community Details
Overview
- 4 Units
- Bixby Knolls Subdivision
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Operating Expense $29,133
- Gross Income $96,293
- Net Operating Income $64,271
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2020
Closed on
Aug 27, 2020
Sold by
Gehring Ann D and Gehring George J
Bought by
Paloma 440 Llc
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$3,795,000
Sold Price
$3,725,000
Premium/Discount to List
-$70,000
-1.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,972,724
Avg. Annual Appreciation
-13.01%
Original Mortgage
$1,000,000
Outstanding Balance
$883,746
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$868,530
Purchase Details
Closed on
May 27, 2009
Sold by
Gehring Ann D and Gehring George J
Bought by
Gehring Ann D and George J & Ann D Gehring Bypass Trust
Purchase Details
Closed on
Dec 19, 2007
Sold by
Gehring George J and Gehring Ann D
Bought by
Gehring George J
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paloma 440 Llc | $3,725,000 | Fidelity National Title Co | |
| Gehring Ann D | -- | None Available | |
| Gehring George J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paloma 440 Llc | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/16/2021 08/16/21 | Sold | $1,600,000 | -3.0% | $366 / Sq Ft | |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- | |
| 06/17/2021 06/17/21 | Price Changed | $1,649,000 | -5.8% | $377 / Sq Ft | |
| 03/08/2021 03/08/21 | Price Changed | $1,750,000 | -2.8% | $400 / Sq Ft | |
| 01/29/2021 01/29/21 | For Sale | $1,800,000 | -51.7% | $412 / Sq Ft | |
| 09/18/2020 09/18/20 | Sold | $3,725,000 | -1.8% | $359 / Sq Ft | View Prior Sale |
| 07/21/2020 07/21/20 | Pending | -- | -- | -- | |
| 06/23/2020 06/23/20 | For Sale | $3,795,000 | -- | $365 / 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 | $22,604 | $1,697,932 | $848,966 | $848,966 |
| 2024 | $21,618 | $1,664,640 | $832,320 | $832,320 |
| 2023 | $21,258 | $1,632,000 | $816,000 | $816,000 |
| 2022 | $19,951 | $1,600,000 | $800,000 | $800,000 |
| 2021 | $18,737 | $1,500,000 | $850,000 | $650,000 |
| 2020 | $7,331 | $538,605 | $185,721 | $352,884 |
| 2019 | $7,248 | $528,045 | $182,080 | $345,965 |
| 2018 | $6,985 | $517,692 | $178,510 | $339,182 |
| 2016 | $6,408 | $497,591 | $171,579 | $326,012 |
| 2015 | $6,162 | $490,117 | $169,002 | $321,115 |
| 2014 | $6,136 | $480,517 | $165,692 | $314,825 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
-
Andrea Testa
Buyer's Agent in 2021
Andrea Testa
Keller Williams Pacific Estate
(562) 833-9642
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21019397
APN: 7139-008-004
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.
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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