StatusAccepting Backup Offers (Active Under Contract)
About 651 E 46th St
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.
Property Details
Property Features
Property Information:
Year Built: 1973
Stories: 2
Listing Office:
Office Name: Keller Williams - Santa Monica
Office Phone: (310) 463-2916
Listing Agent: Robert Stepp
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 10 spaces
Lot Features
Lot Information:
Lot Size: 0.26 Acres
Utilities
Utilities Information:
Heating: Radiant
Other
Directions Information:
Directions: Atlantic Ave
Price Information
Listing Price Info
Price Summary:
List Price: $2,895,000
Tax Information:
Annual Amount: $11,768
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Long Beach, CA.
This property is $2.0M more than the Median Sold Price in Long Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW24210020
Listing Office:
Office Name: Keller Williams - Santa Monica
Office Phone: (310) 463-2916
Listing Agent: Robert Stepp
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 4:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 10, 1993
Feb 10, 1993Home Sold
$500,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,768
$800,807
2020
$11,599
$792,597
2019
$11,149
$777,057
2018
$11,032
$761,822
2017
$11,032
$746,885
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Barton Elementary School
1100 E Del Amo Blvd
Distance between this listing and this school0.42 miles
Public District Grades KG-5
5
/10
Dooley Elementary School
5075 Long Beach Blvd
Distance between this listing and this school0.72 miles
Public District Grades KG-5
5
/10
Addams Elementary School
5320 Pine Ave
Distance between this listing and this school0.78 miles
Public District Grades KG-5
Nearby Schools
5
/10
Lindbergh STEM Academy
1022 E Market St
Distance between this listing and this school0.77 miles
Public District Grades 6-8
3
/10
Perry Lindsey Academy
5075 Daisy Ave
Distance between this listing and this school0.90 miles
Public District Grades 6-8
6
/10
Hughes Middle School
3846 CA Ave
Distance between this listing and this school1.05 miles
Public District Grades 6-8
Nearby Schools
2
/10
The Education Corps
3635 Atlantic Ave
Distance between this listing and this school1.36 miles
Public Charter Grades 9-12
3
/10
Rancho Dominguez Preparatory School
4110 Santa Fe Ave
Distance between this listing and this school1.92 miles
Public District Grades 6-12
3
/10
Jordan High School
6500 Atlantic Ave
Distance between this listing and this school2.03 miles
The neighbors living near this home have an average income of $53,191. The majority of Long Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 651 E 46th St
What is the listing price of this property?
The listing price of 651 E 46th St property is $2,895,000.
What type of property is this?
The property 651 E 46th St is a condo located in Long Beach, California, 90807.
Is this property for sale now?
Accepting Backup Offers: 651 E 46th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,768 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 10, 1993 for $500,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 651 E 46th St is 1973.
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This home is located at 651 E 46th St in Long Beach, CA and zip code 90807 in the The Harbor neighborhood. This home, which was built in 1973, sits on a 0.26 acre lot. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $2,895,000.
In October 2024, from all listings sold in Long Beach, CA there were more than 94 sold above asking price, over 83 sold below and more than 35 were sold right at the asked price. Between September 2024 and October 2024, Long Beach, CA real estate market has seen decrease in the number of listings by 0.1%. While the average time on the market in October 2024 was 34 days, the median list price was $824,667.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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