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$1,395,000
177 Days On Site

387 Freeman Avenue
Long Beach, CA 90814

For Sale|Apartment|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
4,066
SqFt
$343
/SqFt
1923
Built
Subdivision:
Belmont Heights (BH)
County:
Los Angeles
Listed by Mark Kachigan of Pabst, Kinney & Associates [email protected]

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387 Freeman Avenue387 Freeman Avenue387 Freeman Avenue387 Freeman Avenue
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***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.

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Listing Snapshot
Price 
$1,395,000
Days On Site 
177 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,066 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1493 Acres
Year Built 
1923
MLS® Number 
PW24106426
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Active Under Contract
a week agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $1,395,000
6 months agoListing first seen on site
General Features
Acres 
0.1493
Disclosures 
Historical
Foundation 
Raised
Number Of Stories 
2
Parking 
Driveway
Parking Spaces 
4
Property Sub Type 
Apartment
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
4066
Stories 
Two
Style 
BungalowSpanish
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LBR2A
Interior Features
Laundry Features 
Common Area
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Exterior Features
Construction Details 
StuccoWood Siding
Lot Features 
Near Public Transit
Pool Features 
None
Road Frontage 
City Street
Roof 
Composition
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
front
Community Features 
Sidewalks
Financing Terms Available 
Cash
MLS Area 
2 - Belmont Heights, Alamitos Heights
Roads 
Paved


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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