440 E San Antonio Drive, Long Beach, CA 90807

$1,649,000
List Price
$1,649,000
Price Change
▼ $101,000 1623976174
Status
ACTIVE
MLS#
PW21019397
Year Built
1970
Lot Size
5,959
Acres
0.14
Lot Location
Rectangular Lot
Days on Market
185
Property Type
Multifamily
Neighborhood
Bixby Knolls (Bk)

Property Description

440 East San Antonio Drive is a fourplex for sale in Long Beach, California’s desirable Bixby Knolls neighborhood. The building is a well-maintained 1970 construction with a desirable mix of one three-bedroom/two-bath unit and three two-bedroom/one-and-one-half-bath units. This offering is a great owner/user investment opportunity with potential upside in rents. Additionally, as a fourplex this property may qualify for attractive residential financing. The property also offers five single-car garages, private patios, an underutilized laundry room, and separate gas and electric meters. The three-bedroom unit features a fireplace and in-unit laundry, and select units have been renovated with upgraded flooring, cabinetry, countertops, and bathroom vanities. 440 East San Antonio Drive is well-located near the Virginia Country Club in the desirable Bixby Knolls neighborhood, where the average household income within one mile exceeds $111,000. The property’s convenient proximity to nearby grocery stores, dining, and retail have earned it a WalkScore of 91; tenants enjoy an easy one-block walk to a Trader Joe’s, MOD Pizza, Crunch Fitness, and more. Additionally, just a few blocks away are a Starbucks, Marshalls, Rite Aid, and more.

Additional Information

Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Number Of Units Total
4
Gross Scheduled Income
$96,293
Operating Expense
29133

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Steven Bogoyevac from Steven M. Bogoyevac, Broker

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.