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Rare 4 unit property in the best part of Bixby Knolls on the market for the first time in 40 years. 100% 2 bedroom 1 bath units with over 800 square feet each. Huge 40% upside in actual rents to a market GRM of 10.7X and a 6.0% cap rate. Huge lot of nearly 8000 square feet plus a separate structure with two 2 car garages and a laundry room for extra income. Separately metered for gas and electric with individual water heaters for each unit. Incredible location in one of the best neighborhoods of Bixby Knolls. Only 2 blocks from Virginia Country Club, 2 blocks from Scherer Park. Located on a quiet residential side street, but a quick walk to retail and restaurants on Atlantic.
Property Type(s):
Residential Income
| Last Updated | 10/14/2025 | Tract | Bixby Knolls (BK) |
|---|---|---|---|
| Year Built | 1944 | Community | 6 - Bixby, Bixby Knolls, Los Cerritos |
| Garage Spaces | 4.0 | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | 6 - Bixby, Bixby Knolls, Los Cerritos |
| CONSTRUCTION | Stucco |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 7906 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| PARKING | Garage Faces Rear |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Bixby Knolls (BK) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Buckingham Investments, Inc
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