$1,260,000
SOLD DEC 11, 2025
8 Beds
4 Baths
3,266 Sq Ft
7,908 Sq Ft Lot

Recently Sold

$386 Per Sq Ft

3% Below List Price

4 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wood Fence
  • Los Cerritos Elementary School Rated A
  • Rectangular Lot
  • Wall Furnace

About This Home

As of December 2025

Rare 4 unit property in the best part of Bixby Knolls on the market for the first time in 40 years. 100% 2 bedroom 1 bath units with over 800 square feet each. Huge 40% upside in actual rents to a market GRM of 10.7X and a 6.0% cap rate. Huge lot of nearly 8000 square feet plus a separate structure with two 2 car garages and a laundry room for extra income. Separately metered for gas and electric with individual water heaters for each unit. Incredible location in one of the best neighborhoods of Bixby Knolls. Only 2 blocks from Virginia Country Club, 2 blocks from Scherer Park.
Located on a quiet residential side street, but a quick walk to retail and restaurants on Atlantic.

Last Agent to Sell the Property

Anthony Walker

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 10/10/2025

Co-Listed By

Josh Ess

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #02035659

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc Brokerage Phone: 310-561-4776 License #01908153 Listed on: 10/10/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 7,908 Sq Ft Lot
  • Two or More Common Walls
  • Northwest Facing Home
  • Wood Fence
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,266 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 13130
  • Assessor Parcel Number 7134023010
  • $875 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Fuel Expense $72
  • Gardener Expense $1,200
  • Insurance Expense $5,716
  • Pest Control $1,200
  • Professional Management Expense $4,050
  • Trash Expense $720
  • Water Sewer Expense $720
  • New Taxes Expense $16,250
  • Operating Expense $35,845
  • Gross Income $85,260
  • Net Operating Income $45,152

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.50
  • Professional Management Expense: 4050.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Bixby Knolls (BK)
  • View: No
  • Water Sewer Expenses: 720.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7134023010
  • Year Built: 1944
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 385.79

Exterior Features

  • Direction Faces: Northwest
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 1200.00
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7908.00
  • Lot Size Acres: 0.1815

Multi Family

  • Electric Expense: 720.00
  • Fuel Expense: 72.00
  • Gross Income: 85260.00
  • Gross Multiplier: 15.30
  • Gross Operating Income: 80997.00
  • Gross Scheduled Income: 85260.00
  • Insurance Expense: 5716.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7908.0000 Square Feet
  • Net Operating Income: 45152.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 35845.00
  • Rent Control: Yes
  • Total Expenses: 35845.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 16250.00
  • Tax Census Tract: 5715.02
  • Tax Lot: 50
  • Tax Tract Number: 13130
  • TaxOtherAnnualAssessmentAmount: 875.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
Rodriguez Richard B
Bought by
Rodriguez Richard Brian and Richard Rodriguez Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 Sold $1,260,000 -3.1% $386 / Sq Ft
10/14/2025 10/14/25 Pending -- -- --
10/10/2025 10/10/25 For Sale $1,300,000 -- $398 / 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 $6,119 $436,676 $174,665 $262,011
2024 $6,119 $428,115 $171,241 $256,874
2023 $6,010 $419,722 $167,884 $251,838
2022 $5,660 $411,493 $164,593 $246,900
2021 $5,525 $403,425 $161,366 $242,059
2019 $5,445 $391,461 $156,581 $234,880
2018 $5,239 $383,786 $153,511 $230,275
2016 $4,811 $368,884 $147,550 $221,334
2015 $4,629 $363,344 $145,334 $218,010
2014 $4,616 $356,228 $142,488 $213,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25237138

California Regional Multiple Listing Service (CRMLS)

APN: 7134-023-010