$929,000
$949,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
3,105 Sqft Lot
SOLD DATE : 03/05/2025
Key Details
Sold Price $929,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Bixby Knolls (Bk)
MLS Listing ID PW24247368
Sold Date 03/05/25
HOA Y/N No
Rental Info 12 Months
Year Built 1953
Lot Size 3,105 Sqft
Property Sub-Type Quadruplex
Property Description
Delight in the charm of Long Beach with this four-unit income property located in the Bixby Knolls area. Nested in a tree-lined street with a mix of homes, condos, and other small income properties, this excellent investment opportunity awaits. The property showcases two one-bedroom units and two single units. Residents benefit from designated parking and convenient on-site laundry facilities. A prime location offers easy access to a variety of amenities including Trader Joe's, local businesses, and casual and fine dining options. Enjoy a walkability score of 90 combined with convenient proximity to transportation, fantastic bikeability, and stress-free freeway access. Nearby parks include Scherer Park, Bixby Knolls Park and Somerset Park.
Currently the upper one bedroom is vacant, providing a fantastic chance for a buyer to occupy and have their mortgage paid. This is a property that delivers a perfect blend of convenient location, desirable living space and an investment opportunity for a 1031 exchange, first time buyer or move up investor.
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Zoning LBR4N
Interior
Interior Features Balcony, Tile Counters, Walk-In Closet(s)
Heating Wall Furnace
Cooling None
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Oven
Laundry Common Area
Exterior
Parking Features Assigned, On Site, Paved
Fence Block
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N Yes
View Neighborhood
Roof Type Rolled/Hot Mop
Accessibility No Stairs
Total Parking Spaces 3
Private Pool No
Building
Lot Description Rectangular Lot, Sprinkler System
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7139009027
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Juan Huizar • Sage Real Estate Group, Inc.