C
Seller's Agent in 2017
Chet Johnston
Chet Johnston
4471 Atlantic Ave Long Beach, CA 90807
Bixby Knolls NeighborhoodEstimated Value: $1,286,000 - $1,654,180
8
Beds
4
Baths
3,024
Sq Ft
$491/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Laundry Room
- 4 Car Garage
- Los Cerritos Elementary School Rated A
- Tile Flooring
- Turnkey
About This Home
As of April 2017Turnkey residential 4-plex in the heart of Bixby Knolls in Long Beach, right on Atlantic Avenue! Great location for an owner-occupant. Walk to Trader Joe’s, Starbucks, and the rest of the Bixby Knolls Business District. Minutes from the 405 and 710 freeways. All units have 2 bedrooms and 1 bath, front and rear entrances, and a refrigerator and gas stove. Each is separately metered for gas and electricity. Building has a 12-year-old roof, and Section I termite has already been cleared. Plenty of street parking on the Atlantic frontage road. A separate garage building has two double garages, and next to it is a two-car uncovered parking pad for a total of six off-street spaces. A wide, concrete alley gives access to the parking. The garage building also houses a coin-op laundry room with rented machines on a month-to-month contract. This property has a ~7,300 sq ft lot and is zoned R-4-N, which allows for a substantially taller building than currently exists. Long Beach has no rent control. Tenants enjoy a distinctly open, outdoor experience in this community, as all buildings have generous front and rear yards with an abundance of mature trees.
Last Agent to Sell the Property
Chet Johnston
Chet Johnston License #01452092 Listed on: 04/01/2017
Last Buyer's Agent
Chet Johnston
Chet Johnston License #01452092 Listed on: 04/01/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 7,313 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Chain Link Fence
- Fence is in average condition
- Back and Front Yard
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Quadruplex
- Turnkey
- Raised Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,024 Sq Ft Home
- Tile Flooring
- Gas Cooktop
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, trash collection
- Tax Lot 59
- Tax Tract Number 13130
- Assessor Parcel Number 7134023022
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $981
- Gardener Expense $1,440
- Insurance Expense $1,760
- Maintenance Expense $3,125
- Pest Control $624
- Supplies Expense $567
- Water Sewer Expense $837
- New Taxes Expense $12,320
- Operating Expense $22,100
- Gross Income $9,000
- Net Operating Income $58,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 7, 2020
Sold by
Liew Curtis Sheldon and Curtis Sheldon Liew Family Tru
Bought by
Liew Vincent Sherman and Liew Catherine Suen
Current Estimated Value
Purchase Details
Listed on
Apr 1, 2017
Closed on
Apr 7, 2017
Sold by
Johnston Chet A
Bought by
Liew Curtis Sheldon and Curtis Sheldon Liew Family Trust
Seller's Agent
Chet Johnston
Chet Johnston
Buyer's Agent
Chet Johnston
Chet Johnston
List Price
$1,095,000
Sold Price
$1,040,000
Premium/Discount to List
-$55,000
-5.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Purchase Details
Closed on
May 16, 2005
Sold by
Thai Sophan
Bought by
Johnston Chet A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 13, 2004
Sold by
Thai Sophan
Bought by
Thai Sophan
Purchase Details
Closed on
Aug 11, 1995
Sold by
Thai Robert and Nguyen Michael
Bought by
Thai Sophan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Liew Vincent Sherman | -- | None Available | |
| Liew Curtis Sheldon | $1,040,000 | Ticor Title Company Of Ca | |
| Johnston Chet A | $864,000 | Fidelity National Title Co | |
| Thai Sophan | -- | -- | |
| Thai Sophan | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Johnston Chet A | $648,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2017 04/19/17 | Sold | $1,040,000 | -5.0% | $344 / Sq Ft |
| 04/06/2017 04/06/17 | Pending | -- | -- | -- |
| 04/01/2017 04/01/17 | For Sale | $1,095,000 | -- | $362 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,755 | $1,225,426 | $706,977 | $518,449 |
| 2024 | $15,755 | $1,201,399 | $693,115 | $508,284 |
| 2023 | $15,489 | $1,177,843 | $679,525 | $498,318 |
| 2022 | $14,333 | $1,137,389 | $656,186 | $481,203 |
| 2021 | $14,045 | $1,115,088 | $643,320 | $471,768 |
| 2020 | $14,009 | $1,103,655 | $636,724 | $466,931 |
| 2019 | $13,816 | $1,079,615 | $749,735 | $329,880 |
| 2018 | $11,958 | $935,000 | $648,500 | $286,500 |
| 2016 | $9,687 | $785,000 | $544,500 | $240,500 |
| 2015 | $9,435 | $785,000 | $544,500 | $240,500 |
| 2014 | $9,554 | $785,000 | $544,500 | $240,500 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17061972
APN: 7134-023-022
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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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