Contact Xavier Gomez
Schedule A Showing
3945 Virginia Road, Long Beach, CA 90807
Priced at Only: $6,995,000
For more Information Call
Mobile: 714.478.6676
Address: 3945 Virginia Road, Long Beach, CA 90807
Property Photos

Property Location and Similar Properties
- MLS#: PW25223690 ( Apartment )
- Street Address: 3945 Virginia Road
- Viewed: 3
- Price: $6,995,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1988
- Bldg sqft: 0
- Days On Market: 28
- Additional Information
- County: LOS ANGELES
- City: Long Beach
- Zipcode: 90807
- Provided by: Triqor Group
- Contact: Christopher Christopher
- DMCA Notice
-
DescriptionWe are proud to present Virginia Country Club Apartments, a rare 25 unit multifamily community in the highly coveted Los Cerritos neighborhood of Bixby Knolls. This desirable submarket is recognized for its historic homes, tree lined streets, and affluent demographics, making it one of the most stable and in demand rental markets in Long Beach. Currently operating as a 55+ senior living community, the property represents the largest available multifamily asset in the neighborhood today and one of only a handful of buildings above 20 units in all of Bixby Knolls. The unit mix consists of twenty two (22) spacious one bedrooms and three (3) studios, supported by a secured parking garage with twenty five (25) parking spaces and twelve (12) rentable storage unitsfeatures rarely found in competing rental properties. Residents enjoy balconies, dishwashers, gas stoves, wood or tile flooring, and community conveniences such as an elevator, recreation room, and on site laundry. Each unit is individually metered for gas and electricity, reducing landlord expenses and providing long term operational efficiency. With current rents approximately 30% below market, investors are presented with a clear mark to market strategy that allows for significant near term income growth with limited capital expenditure. Combined with the neighborhoods low vacancy, high household income base, and strong barriers to entry for new construction, Virginia Country Club Apartments offers investors both immediate upside and long term stability.
Features
Building Area Total
- 18184.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Electric Expense
- 0.00
Fuel Expense
- 0.00
Garage Spaces
- 25.00
Insurance Expense
- 0.00
Laundry Features
- Common Area
Lot Features
- Irregular Lot
Netoperatingincome
- 336457.00
Number Of Separate Electric Meters
- 25
Number Of Separate Gas Meters
- 25
Parcel Number
- 7139017010
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 447796365:CRM
Totalexpenses
- 190125.00
Trash Expense
- 0.00
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1988
Year Built Source
- Public Records

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com