Long Beach, CA 90814,387 Freeman Avenue
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Long Beach, CA 90814,387 Freeman Avenue
Long Beach, CA 90814,387 Freeman Avenue
Long Beach, CA 90814,387 Freeman Avenue
Long Beach, CA 90814,387 Freeman Avenue
Listed by Mark Kachigan • Pabst, Kinney & Associates

$1,300,000

Est. payment /mo

$1,395,000

6.8%
Est.Price: ?

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387 Freeman Avenue Long Beach, CA 90814

4,066 SqFt

SOLD DATE : 11/22/2024

Key Details

Sold Price $1,300,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,066 sqft

Price per Sqft $319

Subdivision Belmont Heights

MLS Listing ID PW-24106426

Sold Date 11/22/24

Style Bungalow,Spanish

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

Zoning LBR2A

Interior

Cooling None

Laundry Community

Exterior

Garage Driveway

Pool None

Community Features Sidewalks

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description Level with Street, Near Public Transit, Walkstreet

Sewer Public Sewer

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