Bixby, Bixby Knolls, Los Cerritos (6) Homes with Apartment Subtype

Bixby, Bixby Knolls, Los Cerritos (6) Homes with Apartment Subtype

Welcome to the vibrant and charming neighborhoods of Bixby, Bixby Knolls, and Los Cerritos in Long Beach, California! Nestled within the heart of Los Angeles County, these areas are celebrated for their rich history, diverse community, and unique architectural styles that reflect the charm of Southern California living.

Bixby Knolls, known for its tree-lined streets and family-friendly atmosphere, offers a delightful blend of residential homes and local businesses. Here, you’ll find an array of well-maintained properties, many of which feature spacious layouts ideal for families and professionals alike. The neighborhood is also home to several parks and recreational areas, perfect for outdoor enthusiasts looking to enjoy the sunny California weather.

Just a stone's throw away, Los Cerritos boasts a more suburban feel, with its beautifully manicured lawns and picturesque streets. This area is particularly appealing for those seeking homes with an apartment subtype, making it an excellent choice for multi-generational living or rental opportunities. The homes here often come with modern amenities while retaining a classic charm, providing the perfect backdrop for a comfortable lifestyle.

Bixby, with its eclectic mix of cultures and community events, adds to the allure of these neighborhoods. Residents enjoy easy access to local shops, farmers' markets, and a variety of dining options, creating a vibrant community atmosphere.

Whether you’re searching for a family home or an investment opportunity, Bixby, Bixby Knolls, and Los Cerritos offer the ideal blend of comfort, convenience, and charm. Explore the possibilities today and discover why so many are proud to call this area home!

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

4126 Elm Ave, Long Beach
$2,900,000
PW26208894 MLS ⋅ Active Status
We are pleased to present 4126 Elm Ave, an 8 unit condo-quality trophy investment opportunity in Long Beach's Bixby Knolls. Built in 1977, the two-story building sits just two blocks off of the Atlantic Avenue corridor and just a few miles from the ocean and Downtown Long Beach. The 9,761 SF building sits on a 10,755 SF lot with an unusually large unit mix: three 1+1 units, four 2+2 units and one 3+2.5 owner’s unit, with the average SF of each unit being roughly 1,220 SF. Each unit has its own fireplace, heating and air conditioning, patio or balcony and garage parking, which is currently provided at no charge, providing immediate additional upside for a new buyer. Current rents average $2,256 against market rents of $3,008 — about 33% of upside — taking the property from a 4.61% cap rate to 7.47% pro forma. Bixby Knolls is a Walk Score 84 neighborhood anchored by the Atlantic Avenue corridor, SteelCraft Long Beach and the Expo Arts Center, with the 405 a mile south and Long Beach Airport under four miles away.

4126 Elm Ave, 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.

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