Long Beach, CA 90814,387 Freeman AVE
Long Beach, CA 90814,387 Freeman AVE
Long Beach, CA 90814,387 Freeman AVE
26
$1,300,000
$1,395,000
6.8%
Est.Price: ?

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6,502 Sqft Lot

387 Freeman AVE Long Beach, CA 90814

Est. payment /mo
SOLD DATE : 11/22/2024

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Key Details

Sold Price $1,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRPW24106426

Sold Date 11/22/24

Style Spanish,Bungalow

Originating Board California Regional MLS

Year Built 1923

Lot Size 6,502 Sqft

Property Description

***Priced Reduced*** Prime Bluff Heights location. First time for sale in 30+ years! Front Craftsman duplex plus 4 units in rear of lot. Excellent low-vacancy rental area! Unit mix: 6-(1 Br's), 4-(Parking). The low rents make this an excellent $ opportunity to create add-on value! Tenants all pay their own gas and electric. There is a laundry room in the front house shared with the whole property. The front house is a duplex with a small one bedroom in front. It has new vinyl floors but is otherwise dated. The other unit back/front is a gorgeously renovated one bedroom with new kitchen , floors , vinyl windows , dishwasher and gets great light. Pictures of this unit included. Units are appx. 600 SF each. The back four units are large one bedrooms. They have nice sized living rooms and the kitchens are connected to small dining area. Units are appx. 720 SF each. There is a large basement (access from back) but it's unused. Owner may carry 1st TD with 50% down at 5.5% for 5 years.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Interior

Cooling None

Laundry Community Facility

Exterior

Garage Other

Garage Spaces 4.0

Pool 31, None

View None

Roof Type Composition

Building

Lot Description Grade - Level

Foundation Raised

Water District - Public

Architectural Style Spanish, Bungalow

Others

Tax ID 7257011016

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MLS Listing IDX PLUS
Listed by Mark Kachigan • Pabst, Kinney & Associates
Bought with David Goodwin

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Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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