387 Freeman Avenue
$1,300,000
1
6
4,066
4,066
$320
Closed 11/22/24
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....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.
- Listed by Mark Kachigan • DRE #00644779 • Brokerage DRE #00858534 • Pabst, Kinney & Associates • 562-225-4848
Property Details for 387 Freeman Avenue
Architectural Style
Bungalow, Spanish
ViewNone
Parking Spaces Total4
Private PoolNo
Cooling TypeN/K
Total Units6.0
Building TypeAttached
Lot Size SourceAssessor
LISTING UPDATED: 12/12/2024 02:50 AM
Property Details for 387 Freeman Avenue
Status | Closed |
---|---|
MLS # | PW24106426 |
Days on Market | 167 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
County | Los Angeles County |
Building Information for 387 Freeman Avenue
Building/Complex387 Freeman AveFloor-Stories2Residences-Pet Policy-Year Built1923Building Size-
Property Information for 387 Freeman Avenue
Property History for 387 Freeman Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 387 Freeman Avenue
Taxable ValueLand$199,046Additions$207,169Total$406,215
Tax Record2024$6,222 ($519 / month)
Home Facts
Total Finished SqFt4,066 SqFtAbove Grade Finished SqFt4,066 SqFtLot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLBR2ACountyLOS ANGELESAPN7257-011-016
Schools near 387 Freeman Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mann Elementary School PublicK to 5 | ||
Jefferson Leadership Academies School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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