$1,475,000
For Sale

387 Freeman Avenue

Long Beach, CA 90814
0.15 acres | #PW24106426
Listing OfficePabst, Kinney & Associates
Browse 36 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

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.

  • Property Details
      • Lot DescriptionNearPublicTransit, StreetLevel, Walkstreet
      • Stories2
    • Measurements
      • Acres0.1493
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1923
    • Material information
      • FoundationRaised
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionBelmont Heights (BH)
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,600,000
  • Other
      • MLS #PW24106426

Location

Marylin PaulReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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