Bixby, Bixby Knolls, Los Cerritos (6) Homes with Multi Family Subtype

Bixby, Bixby Knolls, Los Cerritos (6) Homes with Multi Family Subtype

Welcome to the charming neighborhoods of Bixby, Bixby Knolls, and Los Cerritos in Long Beach, California! Nestled in the heart of Los Angeles County, these vibrant communities offer a unique blend of suburban tranquility and urban convenience, making them ideal for families, professionals, and investors alike.

Bixby is known for its picturesque streets lined with beautiful trees and a strong sense of community. This area boasts a variety of local parks, boutique shops, and delightful dining options, providing residents with a warm, welcoming atmosphere. Just a stone's throw away, Bixby Knolls shines with its rich history and architectural diversity, featuring stunning mid-century homes and charming craftsman bungalows. The neighborhood is also home to the popular Bixby Knolls Business Improvement Association, which hosts lively events and promotes local businesses, creating a dynamic community spirit.

Los Cerritos, with its lush landscapes and well-maintained properties, offers a serene environment that attracts families looking for a peaceful place to call home. This neighborhood is particularly known for its excellent schools and family-friendly amenities, making it a sought-after destination for those seeking a balanced lifestyle.

For those considering investment opportunities, this region features a growing number of multi-family homes. These properties not only provide potential rental income but also foster a sense of community among residents. With their proximity to local attractions and the bustling downtown Long Beach, multi-family homes in Bixby, Bixby Knolls, and Los Cerritos are an excellent choice for savvy investors looking to capitalize on the area's enduring appeal.

Explore the charm and vibrancy of these neighborhoods, where community and opportunity intertwine seamlessly!

Newest Bixby, Bixby Knolls, Los Cerritos (6) Homes with Multi Family Subtype

$1,450,000
PW26142362 MLS Active Under Contract Status
Rare opportunity to acquire a well-maintained 4-unit apartment building in the heart of Bixby Knolls, one of Long Beach's most desirable and consistently strong rental neighborhoods. Built in 1944, this 3,466 square foot multifamily property sits on an oversized 9,983 square foot lot and features a total of 10 bedrooms and 4 bathrooms, consisting of two spacious 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The property offers exceptional parking with six total spaces, including four private garage spaces and a covered two-car parking pad—an increasingly valuable amenity for tenants in this high-demand area. Major capital improvements have already been completed, including: Composition shingle reroof on both the main building and garage Four replaced water heaters Twenty-one upgraded windows installed in 2018 Located just blocks from the vibrant Atlantic Avenue corridor, tenants enjoy easy access to Trader Joe's, Smart & Final, Marshalls, USPS, Crunch Fitness, Pet Food Express, and an excellent selection of local restaurants, coffee shops, breweries, and boutique shopping. The property's prime location also provides access to highly regarded schools, including Los Cerritos Elementary School and Hughes Middle School, enhancing long-term rental appeal. Bixby Knolls continues to be one of Long Beach's strongest rental submarkets, known for stable occupancy, neighborhood charm, excellent walkability, and convenient access to major freeways, Downtown Long Beach, and surrounding employment centers. Portfolio Opportunity: This property may be purchased individually or together with 4411 Linden Ave and 4322 Elm Ave, two additional multifamily properties offered by the same owners within close proximity. Acquire one asset or secure all three to build immediate scale in one of Southern California's most desirable multifamily investment markets. Drive-by only. Please do not disturb occupants.

4407 Linden Avenue, Long Beach

$1,699,000
PW26129735 MLS Active Under Contract Status
This 6 unit multifamily investment property at 4411 Linden Ave is located in the Bixby Knolls neighborhood of Long Beach, California, zip code 90807. Built in 1954, the building spans 3,956 square feet on a 9,018 square foot lot and offers a strong unit mix of four two bedroom, one bathroom units and two one bedroom, one bathroom units, 10 bedrooms and 6 bathrooms total. The property also includes a dedicated laundry room, 4 garage spots, and 2 additional parking pads, totaling 6 dedicated parking spaces. Recent capital improvements include six replaced water heaters and 32 windows changed out in 2018, giving investors a Long Beach rental property with major systems already addressed. Location is the driver here. 4411 Linden Ave sits within walking distance of the Atlantic Avenue corridor, the heart of Bixby Knolls, lined with restaurants, coffee shops, and boutique shopping. Tenants can walk to Trader Joe's, Pet Food Express, MOD Pizza, Jersey Mike's, Verizon, and Crunch Fitness, everyday retail and dining that make life easy without needing to drive. The property is also served by Los Cerritos Elementary and Hughes Middle School, two of the most sought after schools in the Long Beach Unified School District. For tenants, that combination of walkable grocery, dining, fitness, and strong schools makes this a high value area to live, which translates to steady demand and long term occupancy for the owner. 4411 Linden Ave is the largest of three Bixby Knolls apartment buildings offered by the same owners, alongside 4407 Linden Ave and 4322 Elm Ave, all clustered within close distance of one another. Acquire this six unit asset on its own or combine all three into a single Long Beach multifamily portfolio. Drive by only, please do not disturb tenants.

4411 Linden Avenue, Long Beach

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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.