NOT LISTED FOR SALE
4 Beds
3 Baths
-- Sq Ft
6,383 Sq Ft Lot

Sale Details

Date Sold: February 25, 2021

Last sale price $1,365,000

31 Days on Market

Highlights

  • Corner Lot
  • Private Yard
  • Laundry Facilities
  • Longfellow Elementary School Rated A-
  • Landscaped
  • Heating System Uses Natural Gas

About This Home

As of February 2021

We are pleased to present 800 E. San Antonio, a 5-unit apartment building located in the Bixby Knolls neighborhood in Long Beach, CA. Built in 1950; the property offers an excellent unit mix of four 1 bedroom units, and one 3 bedroom, plus den, 1.5 bathroom unit. The property is well maintained with a laundry facility, and four garages. The property is separately metered for electric and gas. All units have been rehabbed, new upgraded electrical panel installed and fenced yard. Walk to shopping, restaurants, Trader Joes and much more. Easy to lease units with 20%+ upside on the rents for all the units.

Last Agent to Sell the Property

George Bustamante

Coldwell Banker Commercial License #01484265 Listed on: 11/07/2020

Coldwell Banker Commercial

Co-Listed By

Steve Warshauer

Coldwell Banker Commercial License #00499477

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc License #01908153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,383 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Corner Lot
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • 2-Story Property
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 11 / V
  • Tax Tract Number 9984
  • Assessor Parcel Number 7135024011

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Bixby Knolls Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $93,420
  • Net Operating Income $60,931

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

6,383 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 4.40
  • Property Attached: Yes
  • Subdivision Name Other: Bixby Knolls (BK)
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7135024011
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Walkstreet, Yard
  • Lot Size Sq Ft: 6383.00
  • Lot Size Acres: 0.1465

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 93420.00
  • Gross Multiplier: 14.90
  • Gross Scheduled Income: 93420.00
  • Lot Size Area: 6383.0000 Square Feet
  • Net Operating Income: 60931.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 29687.00
  • Rent Control: No

Tax Info

  • Tax Block: V
  • Tax Census Tract: 5719.00
  • Tax Lot: 11
  • Tax Tract Number: 9984

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
Nov 7, 2020
Closed on
Jan 15, 2021
Sold by
Bought by
Seller's Agent
George Bustamante
Coldwell Banker Commercial
Buyer's Agent
Anthony Walker
Buckingham Investments, Inc
List Price
$1,399,000
Sold Price
$1,365,000
Premium/Discount to List
-$34,000
-2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
0.0265%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 9, 2020
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
$880,000
Interest Rate
0.0265%
Mortgage Type
Construction

Purchase Details

Closed on
May 25, 2011
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
$416,000
Interest Rate
0.0473%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 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
$367,500
Interest Rate
0.045%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
$1,365,000 Ticor Title Company Of Ca
$1,365,000 Ticor Title
$625,000 Western Resources Title
$490,000 California Title Company
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 $880,000
Previous Owner $880,000
Previous Owner $600,000
Previous Owner $577,000
Previous Owner $416,000
Previous Owner $100,000
Previous Owner $367,500
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
02/25/2021 02/25/21 Sold $1,365,000 -2.4% --
12/08/2020 12/08/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $1,399,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,871 $1,477,518 $865,945 $611,573
2024 $19,011 $1,448,548 $848,966 $599,582
2023 $18,690 $1,420,146 $832,320 $587,826
2022 $17,544 $1,392,300 $816,000 $576,300
2021 $9,743 $739,749 $372,832 $366,917
2020 $9,717 $732,165 $369,010 $363,155
2019 $9,604 $717,810 $361,775 $356,035
2018 $9,311 $703,736 $354,682 $349,054
2016 $8,561 $676,410 $340,910 $335,500
2015 $8,227 $666,251 $335,790 $330,461
2014 $8,188 $653,201 $329,213 $323,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20234848

California Regional Multiple Listing Service (CRMLS)
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