NOT LISTED FOR SALE
5 Beds
3 Baths
3,516 Sq Ft
6,424 Sq Ft Lot

Last Sold August 30, 2025

Last sale price $1,250,000 $356 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Los Cerritos Elementary School Rated A
  • Laundry Room

About This Home

As of August 2025

Rare opportunity to own a five unit apartment building in the excellent rental area of Bixby Knolls. Two story building built in 1961. Unit mix consists of four two-bedroom/one-bath and one one-bedroom/one-bath. Property has two two-car garages and an on-site laundry. Close to schools and walking distance to shops and restaurants. Long term tenants with potential upside in rents.

Last Agent to Sell the Property

Russell Godin

Godin Properties Inc. Brokerage Phone: 562-233-4341 License #01209317 Listed on: 07/18/2025

Last Buyer's Agent

Russell Godin

Godin Properties Inc. Brokerage Phone: 562-233-4341 License #01209317 Listed on: 07/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,424 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,516 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection
  • Tax Lot 3
  • Tax Tract Number 13130
  • Assessor Parcel Number 7134019003
  • $1,004 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Bixby Knolls Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $400
  • Gross Income $105,840
  • Net Operating Income $105,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

6,424 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Bixby Knolls (BK)
  • Water Sewer Expenses: 400.00
  • Zoning: LBR3S
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7134019003
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 355.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6424.00
  • Lot Size Acres: 0.1475

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection

Multi Family

  • Garage Income: 100.00
  • Gross Income: 105840.00
  • Gross Scheduled Income: 105840.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 82.00
  • Lot Size Area: 6424.0000 Square Feet
  • Net Operating Income: 105840.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5715.02
  • Tax Lot: 3
  • Tax Tract Number: 13130
  • TaxOtherAnnualAssessmentAmount: 1004.00
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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
08/30/2025 08/30/25 Sold $1,250,000 -9.1% $356 / Sq Ft
07/25/2025 07/25/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $1,375,000 -- $391 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25161644

California Regional Multiple Listing Service (CRMLS)
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