Bixby, Bixby Knolls, Los Cerritos (6) Homes with Residential Income Property Type

Bixby, Bixby Knolls, Los Cerritos (6) Homes with Residential Income Property Type

Welcome to the vibrant neighborhoods of Bixby, Bixby Knolls, and Los Cerritos, nestled in the heart of Long Beach, California. These charming communities are known for their rich history, tree-lined streets, and a delightful blend of residential and commercial spaces that create a unique sense of place.

Bixby Knolls, in particular, is celebrated for its mid-century architecture and community spirit. The area boasts a variety of homes, many of which come with residential income property options, making it an attractive choice for both homeowners and investors alike. Imagine living in a beautifully restored bungalow while generating income from a separate unit on the property—it's a dream come true for those looking to maximize their investment.

Just a stone's throw away, Los Cerritos offers a tranquil suburban feel with well-maintained parks and excellent schools, making it ideal for families. The neighborhood's diverse housing options cater to various lifestyles, from cozy single-family homes to multi-unit residences that provide lucrative rental opportunities.

Bixby, with its historic charm and close-knit community vibe, invites you to explore its local boutiques, trendy cafes, and vibrant art scene. The area's commitment to preserving its heritage while embracing modern living creates an inviting atmosphere for all.

Whether you're seeking a serene family home or a savvy investment property, Bixby, Bixby Knolls, and Los Cerritos stand out as exceptional choices in Long Beach. Come experience the warmth and allure of these neighborhoods, where your dream home awaits!

Newest Bixby, Bixby Knolls, Los Cerritos (6) Homes with Residential Income Property Type

$1,350,000
OC26161764 MLS ⋅ Active Status
4445 Atlantic Avenue is a 4-unit multifamily investment opportunity located in the highly desirable Bixby Knolls neighborhood of Long Beach. Constructed in 1946, the property sits on a 0.18-acre parcel and features approximately 3,256 net rentable square feet. The unit mix consists exclusively of 4 two-bed/one-bath units. Parking is provided through 4 garage spaces, creating a ratio of one garage space per unit. The parking is separately monetized, providing an additional revenue stream beyond the property’s residential rents. The property is positioned directly across Atlantic Avenue from Bixby Knolls Shopping Center, a major neighborhood retail destination anchored by Smart & Final Extra! and Marshalls, with numerous additional restaurants, retailers and service-oriented businesses. Residents are also within walking distance of ALDI and the year-round Uptown Bixby Knolls Certified Farmers Market, providing convenient access to groceries, prepared foods and other everyday necessities. Located just north of California Heights, Long Beach’s largest historic district, the property benefits from its position along the revitalized Atlantic Avenue commercial corridor. The surrounding area has developed into a popular dining and entertainment destination featuring local establishments such as Bixby Provisions, Dutch’s Brewhouse, Lola’s Mexican Cuisine, Sushi Nikkei and the longstanding Bake n Broil. The corridor is also home to the EXPO Arts Center and the monthly First Fridays Art Walk, which brings together local restaurants, retailers, artists and residents.

4445 Atlantic Avenue, Long Beach
$27,995,000
SR26157524 MLS ⋅ Active Status
The Linden Plaza Apartments is a well maintained 93-unit community located in the Bixby Knolls area of Long Beach. Built in 1973, the community offers residents covered parking, swimming pool, storage, elevator, gym, putting green, and a barbecue and sitting area. The units are one-bedroom one-bathroom and two-bedroom and one-bathroom and range in size from 617 square feet up to 994 square feet. The property is conveniently located near the 405 and 710 Freeways, the Long Beach Airport, Memorial Medical Center, Downtown Long Beach, etc.

3415 Linden, Long Beach
$1,475,000
4 Beds ⋅ 4 Baths ⋅ 26861363 MLS ⋅ Active Status
Experience a premier turnkey investment in the heart of Bixby Knolls. Following an extensive 2022 transformation, the property features high-end modern upgrades and designer finishes throughout, offering a sophisticated, low-maintenance asset for any portfolio. The flagship residence is an expansive two-story, townhouse-style unit featuring two bedrooms, and two bathrooms. The interior shines with stylish new flooring, custom cabinetry, and sleek countertops. The thoughtful layout includes a versatile downstairs den and seamless access to a large private patio and deck. This unit also includes its own private garage and in-unit laundry hookups. The front one-bedroom, one-bathroom unit has been equally updated with a keen eye for detail, ensuring high appeal. Each unit enjoys the rare luxury of its own private patio, a standout feature for tenants. Spanning a total of 3,330 square feet of total living space, this oversized triplex is perfectly positioned near the boutique shops and vibrant dining scene that define the Bixby Knolls lifestyle. A rare find for those seeking quality and style in a prime location.

1610 E Carson Street, Long Beach
$1,350,000
PW26129727 MLS ⋅ Active Under Contract Status
This well maintained quadruplex at 4322 Elm Ave is a 4 unit multifamily investment property in the Bixby Knolls neighborhood of Long Beach, California, zip code 90807. Built in 1944, the 3,076 square foot building sits on a 9,458 square foot lot and delivers four two bedroom, one bathroom units, 8 bedrooms and 4 bathrooms total. The property offers 5 parking spaces, with 4 located in a garage off the alley. Capital improvements are extensive and recent. The building features a new asphalt and fiberglass composition shingle roof installed over solid sheathing, 36 windows replaced in 2022, and four water heaters replaced in 2022. For investors searching for a turnkey Long Beach rental property with major systems already updated, this asset checks the boxes. Location is a major driver of value here. 4322 Elm 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. 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. 4322 Elm Ave is offered alongside two additional Bixby Knolls apartment buildings, 4407 Linden Ave and 4411 Linden Ave, all owned by the same owners and clustered within close distance of one another. Buy this clean, updated fourplex on its own or combine all three buildings into a single Long Beach multifamily portfolio. Drive by only, please do not disturb tenants.

4322 Elm Avenue, Long Beach
$1,699,000
PW26147239 MLS ⋅ Active Under Contract Status
Six unit building in a proven Bixby Knolls rental pocket. Constructed in 1954, the property spans 3,956 square feet on a 9,018 square foot lot, with 10 bedrooms and 6 bathrooms across the units. The lot also includes 4413 Linden Ave. Recent ownership investment shows, six replaced water heaters and 32 windows changed out in 2018. Please note that all three buildings are available, 4407 Linden Ave, 4411 Linden Ave, and 4322 Elm Ave, all offered by the same owners and clustered within close distance in Bixby Knolls. As the largest of the three, this building lets an investor step into scale and density, whether purchased on its own or as part of the full portfolio, in a neighborhood with steady, long term demand. Drive by Only!

4411 Linden Avenue, Long Beach
$1,450,000
PW26129743 MLS ⋅ Active Under Contract Status
Solid quadruplex opportunity in the heart of Bixby Knolls. Built in 1944, this 3,466 square foot building sits on a generous 9,983 square foot lot and offers 10 bedrooms and 4 bathrooms in total. Owners have kept up on the big items, with four water heaters replaced, a recent reroof on both the main dwelling and the garage in composition shingles, and 21 windows changed out in 2018. Please note that all three buildings are available, 4407 Linden Ave, 4411 Linden Ave, and 4322 Elm Ave, all offered by the same owners and clustered within close distance in Bixby Knolls. Buy one or acquire the full portfolio for real scale in one of Long Beach's most consistent rental submarkets. Drive by Only.

4407 Linden Avenue, Long Beach
$950,000
PW26106282 MLS ⋅ Active Status
Located in the desirable California Heights neighborhood, this duplex offers a great opportunity for owner-users or investors. Each unit features 2 bedrooms and 1 bathroom with a unique floor plan that includes connected rooms, where one room is accessed through another. Additional features include a two-car garage and separate utility rooms for each unit, both equipped with a washer and dryer. One utility room is larger and offers additional storage space. The rear yard presents potential for future expansion or added outdoor enjoyment (buyer to verify). A great opportunity to update and make this property your own while building value in a sought-after neighborhood. Conveniently located with easy access to the 405, and 710 freeways, and just moments from Bixby Knolls dining, shopping, and amenities.

3581 Cherry, Long Beach
$1,149,900
SB26074076 MLS ⋅ Active Under Contract Status
Great opportunity to buy in good location located in Bixby knolls, Los Cerritos Subdivision Long Beach.. Front house with 3 bedrooms, 2 bath and 2 car garage, large kitchen and dining area. Front house has 1584 sq.ft per tax record. House offers a cozy fireplace, covered patio and a potential extra room on top of two car garage or ADU. Back unit is separate building with 2 bedrooms and 1 bath, 818 sq ft per tax record. Back unit has a large backyard, perfect for a room addition or a large master bedroom. Please check with the city for all information. Both units needs work and TLC, back unit has new roof. The two units are perfect for an owner occupied or investor who wants to fix and hold for more gain. Property is sold "AS IS" condition.

3706 Pine, Long Beach
$1,600,000
PW26068624 MLS ⋅ Active Status
Discover a rare real estate gem in the heart of the historic California Heights neighborhood. This expansive residential property spans three parcels totaling nearly 10,000 square feet, offering an unparalleled combination of privacy, versatility, and investment potential. Unlike traditional multi-family layouts, this property is uniquely comprised of three distinct, standalone-style residences, providing each occupant with a level of seclusion seldom found in multi-family living. The primary residence and front house is a sprawling 3-bedroom, 2-bathroom home encompassing 1,886 square feet. Highlights include original hardwood floors, a spacious living room with fireplace, a versatile den, perfect for a home office or library and an oversized patio and private backyard, ideal for California indoor-outdoor living. Residence 2: The Carriage House is positioned above the 3 separate, 1-car garages for maximum privacy, this unit also features a generous 3-bedroom, 2-bathroom floor plan with updated kitchen cabinets and granite countertops. Residence 3: The Garden Cottage is a charming standalone 1-bedroom, 1-bathroom unit with vaulted ceilings that create an airy, expansive feel. It has updated kitchen cabinets, a private yard and parking for one vehicle plus two exclusive storage units. Each residence is equipped with individual electric and gas meters. All of this is located in the highly sought-after Cal Heights and greater Bixby Knolls neighborhood, known for its strong sense of community and proximity to some of the city’s best shopping, dining, and essential services. Residents also enjoy easy access to award-winning schools, public transportation, and major thoroughfares and just a short distance from Long Beach Airport. Whether you're a savvy investor seeking a high-yield asset or a homeowner looking for an opportunity to live in on unit while the two additional units generate substantial rental income to help offset your mortgage, this property has it all!

3711 Lemon, Long Beach
$1,499,999
DW26044674 MLS ⋅ Active Status
Don't settle for someone else's layout. At 1429 South Street, you get to be the architect of your own destiny. This triplex offers a blank canvas with a rare incentive: the landlord is ready to build-out according to your specs. Here is your chance to secure a prime piece of Long Beach real estate where the landlord is willing to assist with your vision for lease or will consider a sale. Located at 1429 South St, this triplex is a diamond in the rough waiting for the right investor or entrepreneur to unlock its value. While the property is not yet turnkey, that is exactly where the money is made. If you have dreamed of owning apartments, this property could grow into that with versatility in use and space. Mix use gives the option to live in one, run a business out of the rest. Why act now? Because this is a limited-time, owner-assisted renovation opportunity. You bring the vision (Call Center, Warehouse, Residential Living Facility, or Apartments), and they bring the capital to make it happen. The Canvas: · Structure: Solid triplex with gated parking ready for immediate renovation. Unit A 2/1 Unit B 2/1 both with street and parking access, Unit C To be Determined- · Zoning: LBCNR - MFR allowing for 5x density residential units up to 11 units or use existing building and convert to 5-7 units, Subtype Storefront, Retail, Residential with 96 feet on South St plus Signage, built in 1959, Renovated 2018 Offering 5500 Sq FR, 6 Parking Spaces, . The list of potentials include Church, Ministry, Residential Living, Skilled Nursing, Apartments 8-11 units (Can be built up to 2 story), Call Center, Warehouse, Retail, etc. Buyer to check intended purpose with City. · Expansion: Two-story potential to double your space. How It Works: You secure the property via lease or purchase (financing available), submit your design plans, and the landlord gets to work. You get a brand-new, custom-built space without the construction headache. This is not a drill. The landlord is motivated and ready to make this happen either for lease or sale. Contact for more information or a private showing

1429 E South, Long Beach
$950,000
PW26053430 MLS ⋅ Active Status
This is a mixed use property consisting of a 2 bedroom, 2 bath Classic Spanish single family home with gorgeous Shiplap mantle and electric fireplace in living room. Kitchen has a newer large stainless farm sink & newer LG stove/range and new LG dishwasher and a new just remodeled hall bath with custom tile and a TOTO Drake Toilet an Washlet Bidet, an attached one car garage and private rear yard area. House features a new 200 AMP panel, and a 50 AMP generator hookup for backup. 240V electrical circuit installed @original W/D hook ups in kitchen. In addition, there are 3 commercial spaces, and an amazing loft space and large exterior storage garage. This is a unique opportunity to own a property with this configuration. Currently 1) Front small business space (currently a Hawaiian Shaved Ice Shop)with access from Wardlow 2) Larger/spacious space, access from Wardlow, features a new built-in counter/storage with double sinks and a beautiful remodeled bathroom and 3) Rear space with loft area, (currently a Brow Salon) with a remodeled .75 bath and access from Walnut, also has a storage space. Multiple ways to configure for rental and/or use. All new exterior paint and interior paint in the commercial space. New main plumbing line on the commercial side. Roof re-coat recently completed. Hardwired security cameras. Hard wired Cat6 Ethernet ports installed in home and much more.

1540 E Wardlow, 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.