Listed by Robert Stepp, Keller Williams - Santa Monica, (310) 482-2200 . Bought with BRC Advisors BH
651 E 46th St
Long Beach, CA 90807
Bixby Area- 16 Beds
- 14 Baths
- 10,062 sqft (on 0.26 acres)
16 Beds
14 Baths
10,062 sqft
(on 0.26 acres)
Local Information
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Description
651 E. 46th Street is a 12-unit value add investment asset located in the Bixby Knolls neighborhood of Long Beach. The property offers a new investor 34% total rental upside potential for a 7.8% market cap rate. Situated on a 11,154-square-foot lot, the building features all spacious units: (9) 1BD/1BA; (1) 2BD/1BA; (1) 2BD/2BA; and (1) 3BD/2BA. Additionally, the 100% electric building includes copper plumbing throughout. Onsite laundry provides a convenient facility for tenants and an added income stream for the owner. Ten (10) garages and two (2) surface spaces offer the potential to provide additional income as well as ADU opportunities. Located within steps to Aldi and other amenities, the property is also in close proximity to Atlantic Avenue's restaurants, coffee shops and amenities. In recent years the area has become a dynamic locale for exciting new businesses. The Bixby Knolls location offers convenient proximity to both the 710 and 405 freeways, providing quick and easy access to all areas of Southern California.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 14, 2025
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 651 E 46th St
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Beds & Baths Number of Bedrooms: 16Number of Bathrooms: 14 |
Appliances & Utilities Laundry: Common Area |
Heating & Cooling Heating: RadiantHas HeatingHeating Fuel: Radiant |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 10Number of Covered Spaces: 10Open Parking Spaces: 2Has a GarageParking Spaces: 12Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 19 |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7135005026 |
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Price List Price: $2,895,000 |
Status Change & Dates Off Market Date: Mon Oct 28 2024 |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Bixby Knolls (Bk) |
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Building Area Building Area: 10062 Square Feet |
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Community Features: SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.26 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, 1031 Exchange |
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Has Rent Control |
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Mls Number: PW24210020Living Area Range Units: Square FeetAttribution Contact: 310-463-2916Common Interest: Community ApartmentUniversal Property Id: US-06037-N-7135005026-R-N |
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Sidewalks |
Last check for updates: about 9 hours ago
Listed by Robert Stepp DRE #01456379, (310) 463-2916
Keller Williams - Santa Monica
Todd Hawke DRE #01376219, (562) 209-7783
Keller Williams - Santa Monica
Bought with: Avinash Narang DRE #01448548, (818) 288-0697, BRC Advisors BH
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24210020

Price History for 651 E 46th St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/20/2024 | $2,770,000 | Sold | CRMLS #PW24210020 |
| 12/05/2024 | $2,895,000 | Pending | CRMLS #PW24210020 |
| 10/29/2024 | $2,895,000 | Contingent | CRMLS #PW24210020 |
| 10/10/2024 | $2,895,000 | Listed For Sale | CRMLS #PW24210020 |
Comparable Sales for 651 E 46th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.83 | Multi-Family Home | $1,750,000 | 07/22/25 | 14 | 7 | 6,525 | |
0.37 | Multi-Family Home | $1,250,000 | 08/30/25 | 9 | 5 | 3,516 | |
0.37 | Multi-Family Home | $1,260,000 | 12/11/25 | 8 | 4 | 3,266 | |
0.94 | Multi-Family Home | $6,300,000 | 02/05/26 | 22 | 25 | 18,184 | |
0.68 | Multi-Family Home | $1,750,000 | 03/17/26 | 11 | - | 6,048 | |
1.84 | Multi-Family Home | $2,735,375 | 10/20/25 | 16 | 16 | 10,212 | |
1.84 | Multi-Family Home | $2,735,375 | 10/20/25 | 16 | 16 | 10,310 | |
1.87 | Multi-Family Home | $2,779,812 | 10/20/25 | 16 | 16 | 10,310 | |
1.23 | Multi-Family Home | $4,345,000 | 05/15/26 | 36 | 32 | 15,632 | |
0.86 | Multi-Family Home | $1,327,000 | 03/27/26 | 8 | 6 | 3,628 |
Assigned Schools
These are the assigned schools for 651 E 46th St.
What Locals Say about Bixby Area
At least 153 Trulia users voted on each feature.
94 % Say there are sidewalks
92 % Say it's dog friendly
87 % Say it's walkable to grocery stores
78 % Say car is needed
76 % Say it's walkable to restaurants
75 % Say streets are well-lit
73 % Say yards are well-kept
73 % Say there's holiday spirit
61 % Say people would walk alone at night
61 % Say parking is easy
57 % Say they plan to stay for at least 5 years
56 % Say it's quiet
56 % Say kids play outside
55 % Say neighbors are friendly
51 % Say there's wildlife
31 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 651 E 46th St
651 E 46th St, Long Beach, CA 90807 is a 16 bedroom, 14 bathroom, 10,062 sqft multi-family built in 1973. 651 E 46th St is located in Bixby Area, Long Beach. This property is not currently available for sale. 651 E 46th St was last sold on Dec 20, 2024 for $2,770,000 (4% lower than the asking price of $2,895,000). The current Trulia Estimate for 651 E 46th St is $2,748,300.