3945 North Virginia Road

Closed 2/5/26
Closed 2/5/26
Gallery Image 1
Sold
Last Sold Price
$6,300,000
1 bed25 baths18,184 sqft
3945 N Virginia Rd, Long Beach, CA 90807
Multi FamilyProperty Type
0.34 acresLot Size
1988Year Built
$346/sq ftPrice per sq ft
25 carsParking Spaces

Description

We are proud to present Virginia Country Club Apartments, a rare 25-unit multifamily community in the highly coveted Los Cerritos neighborhood of Bixby Knolls. This desirable submarket is recognized for its historic homes, tree-lined streets, and affluent demographics, making it one of the most stable and in-demand rental markets in Long Beach. Currently operating as a 55+ senior living community, the property represents the largest available multifamily asset in the neighborhood today and one of...We are proud to present Virginia Country Club Apartments, a rare 25-unit multifamily community in the highly coveted Los Cerritos neighborhood of Bixby Knolls. This desirable submarket is recognized for its historic homes, tree-lined streets, and affluent demographics, making it one of the most stable and in-demand rental markets in Long Beach. Currently operating as a 55+ senior living community, the property represents the largest available multifamily asset in the neighborhood today and one of only a handful of buildings above 20 units in all of Bixby Knolls. The unit mix consists of twenty-two (22) spacious one-bedrooms and three (3) studios, supported by a secured parking garage with twenty-five (25) parking spaces and twelve (12) rentable storage units—features rarely found in competing rental properties. Residents enjoy balconies, dishwashers, gas stoves, wood or tile flooring, and community conveniences such as an elevator, recreation room, and on-site laundry. Each unit is individually metered for gas and electricity, reducing landlord expenses and providing long-term operational efficiency. With current rents approximately 30% below market, investors are presented with a clear mark-to-market strategy that allows for significant near-term income growth with limited capital expenditure. Combined with the neighborhood’s low vacancy, high household income base, and strong barriers to entry for new construction, Virginia Country Club Apartments offers investors both immediate upside and long-term stability.
  • Listed by: Christopher Walker DRE #01905338 Brokerage DRE #01921625 • Triqor Group chris.walker@triqorgroup.com
Listing closed: 02/05/2026 12:00 AM • Source: CRMLS, MLS#: PW25223690

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Recent comparable sales

Median sold price

$2,735,375

Avg days on market

73

Sale-to-list ratio

94.9%

Long Beach, CA

9 comparable properties found

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Bedrooms
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520 East Adams Street, Long Beach, CA 90805

a view of a brick building with many windows
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518 East 4th Street, Long Beach, CA 90802

$2,735,375 | 540 East Adams Street, Long Beach, CA 90805
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561 East 64th Street, Long Beach, CA 90805

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4110 Elm Avenue, Unit 203, Long Beach, CA 90807

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Location

Listing Courtesy of Triqor Group, Christopher Walker, DRE #01905338

Sold By Triqor Group, Christopher Walker, DRE #01905338

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Principal and Interest

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Property Taxes

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Property Information for 3945 North Virginia Road

Property Details
  • MLS Type: Residential Income / Res Income 2-4 Units
  • County: Los Angeles County
  • Parking Spaces Total: 25
  • Private Pool: No
  • Total Units: 25.0
  • Building Type: Attached
  • Lot Size Source: Public Records
  • Living Area: 18184
  • Assessor Parcel Number: 7139-017-010
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 18184
  • Building Area Units: Square Feet
  • Stories Total: 3
  • Entry Level: 1
  • Pool: No
  • Zoning: Public Rec
  • Senior Community: Yes
  • Age Restrictions: Other/Remarks
  • Parcel Number: 7139017010
  • Area: Not Defined (699)
  • Directions: Driving North on Long Beach Blvd., Turn Left Onto E. Roosevelt Rd., Immediately Make a Slight Right Turn Onto N. Virginia Rd., Property Will Be On Your Left
Building Information
  • Building/Complex: 3945 N Virginia Rd
  • Stories: 3
  • Year Built: 1988
Income / Expense / Tax Details
Income Details
  • Gross Income: $526,582
  • Gross Scheduled Income: $542,868
  • Net Operating Income: $336,457
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $190,125
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $190,125
Tax / Assessment Info
  • Tax Tract Number: 1225
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 0
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: /
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Irregular Lot
  • Number Of Units: 25
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 25
  • Parking Garage Spaces: 25
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,122
  • Unit Type Total Rent: $3,366
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 22
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 22
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,889
  • Unit Type Total Rent: $41,558
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 25
  • Number Of Separate Gas Meters: 25
  • Number Of Separate Water Meters: 1

Property History for 3945 North Virginia Road

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Sold

CLAW #PW25223690MR

$6,300,000—
Feb 5, 2026

Sold

SDMLS #PW25223690

$6,300,000—
Feb 5, 2026

Sold

CRMLS #PW25223690

$6,300,000—
DateEvent & SourcePrice
02/05/2026

Sold

CLAW #PW25223690MR

$6,300,000
02/05/2026

Sold

SDMLS #PW25223690

$6,300,000
02/05/2026

Sold

CRMLS #PW25223690

$6,300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 3945 North Virginia Road

Taxable ValueLand$1,905,719Additions$1,270,475Total$3,176,194
Tax Record2025$44,635 ($3,720 / month)
Home Facts
Baths25Total Finished SqFt18,184 SqFtAbove Grade Finished SqFt18,184 SqFtStories2Lot Size14,642 SqFtStyleMulti-Family Dwelling (2-4)Year Built1988Year Renovated1988ZoningLBR34CountyLOS ANGELESAPN7139-017-010

Schools near 3945 North Virginia Road

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Los Cerritos Elementary School
Public - K to 5
Hughes Middle School
Public - 6 to 8
Polytechnic High School
Public - 9 to 12
IVA - Intellectual Virtues Academy Middle School
Charter - 6 to 8
Rating
School
Distance
Los Cerritos Elementary School
PublicK to 5

Hughes Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

IVA - Intellectual Virtues Academy Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 3945 North Virginia Road, Long Beach, CA 90807
$6,300,000
1
25
18,184
14,642
4005 North Virginia Road, Unit 14, Long Beach, CA 90807
$335,000
2
1,591
–
4005 North Virginia Road, Unit 4, Long Beach, CA 90807
$451,000
2
1,496
–
4005 North Virginia Road, Unit 3, Long Beach, CA 90807
$650,000
2
1,539
21,638
4005 North Virginia Road, Unit 16, Long Beach, CA 90807
$675,000
2
1,530
21,641
4005 North Virginia Road, Unit 15, Long Beach, CA 90807
$660,000
2
2
1,496
–

Explore Nearby Homes

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Listing Courtesy of Triqor Group, Christopher Walker, DRE #01905338

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.