440 East San Antonio Drive

Long Beach, CA 90807

$1,600,000
Last Sold Price
5
Beds
8
Baths
4,370 Sq. Ft.
$366 / Sq. Ft.
4,370
Sq. Ft.
$366
per Sq. Ft.

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,...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.
  1. Listed by Steven Bogoyevac • DRE #01332755 • Brokerage DRE #01332755 • Steven M. Bogoyevac, Broker

Property Details for 440 East San Antonio Drive

Parking Spaces Total
5
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4370
Assessor Parcel Number
7139-008-004
Property Attached YN
false

Location

Listing Courtesy of Steven M. Bogoyevac, Broker, Steven Bogoyevac, DRE #01332755

Sold By Keller Williams Pacific Estate, Andrea Testa, DRE #01936362

Add your commute
LISTING UPDATED: 08/19/2021 01:04 AM

Property Details for 440 East San Antonio Drive

StatusClosed
MLS #PW21019397
Days on Market186
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1970
Lot Size0.14 AC / 5,959 SF
CountyLos Angeles County

Location

Listing Courtesy of Steven M. Bogoyevac, Broker, Steven Bogoyevac, DRE #01332755

Sold By Keller Williams Pacific Estate, Andrea Testa, DRE #01936362

Add your commute

Building Information for 440 East San Antonio Drive

Stories-Residences-Year Built1970Building Size-Lot Size0.14 AC / 5,959 SF

Payment Calculator

$10,504 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$1,772

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 440 East San Antonio Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $96,293
  • Gross Scheduled Income: $96,293
  • Net Operating Income: $64,271
  • Gross Multiplier: 17.12
  • Cap Rate: 3.9
  • Financing: Cash
Expense Details
  • Operating Expense: $29,133
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $29,133
Tax / Assessment Info
  • Tax Tract Number: 10579
  • Tax Census Tract: 5719.00
  • Tax Lot: 66
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Bixby Knolls
  • Builders Tract Code: Bixby Knolls (BK)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,295
  • Unit Type Total Rent: $2,295
  • Unit Type Pro Forma: 2895
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,910
  • Unit Type Total Rent: $5,729
  • Unit Type Pro Forma: 2395
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0

Property History for 440 East San Antonio Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 440 East San Antonio Drive

Taxable ValueLand$816,000Additions$816,000Total$1,632,000
Tax Record2023$21,258 ($1,772 / month)
Home Facts
Total Finished SqFt4,370 SqFtAbove Grade Finished SqFt4,370 SqFtLot Size5,959 SqFtStyleQuadraplexYear Built1970ZoningLBR3SCountyLOS ANGELESAPN7139-008-004

Schools near 440 East San Antonio Drive

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Longfellow Elementary School
PublicK to 5

Hughes Middle School
Public6 to 8

Polytechnic High School
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steven M. Bogoyevac, Broker, Steven Bogoyevac, DRE #01332755

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.