$1,300,000
$1,395,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
387 Freeman Avenue Long Beach, CA 90814
4,066 SqFt
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,066 sqft
Price per Sqft $319
MLS Listing ID CRPW24106426
Sold Date 11/22/24
HOA Y/N No
Year Built 1923
Lot Size 6,502 Sqft
Acres 0.15
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 Listing
Zoning LBR2
Interior
Cooling None
Fireplace No
Laundry Community Facility
Exterior
View Y/N false
View None
Building
Lot Description Level, Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 7257011016
Read Less
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with DavidGoodwin