387 Freeman Avenue, Long Beach, CA 90814 (MLS # PW24106426)

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PRICE $1,395,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 4,066 sqft
LOT SIZE 6,504 sqft

***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.

DAYS ON MARKET 157 LAST UPDATED 10/30/2024
TRACT Belmont Heights (BH) YEAR BUILT 1923
COMMUNITY Belmont Heights, Alamitos Heights COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Jul 30, '24 $1,600,000
Jul 30, '24 - Sep 11, '24 $1,525,000
Sep 11, '24 - Oct 23, '24 $1,475,000
Oct 23, '24 - Today $1,395,000


ADDITIONAL DETAILS
AIR None
AREA Belmont Heights, Alamitos Heights
CONSTRUCTION Stucco, Wood Siding
GARAGE Driveway
HOA DUES 0
LOT 6502 sq ft
LOT DESCRIPTION Near Public Transit, Street Level, Walkstreet
LOT DIMENSIONS 50 X 130
PARKING Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Bungalow, Spanish
SUBDIVISION Belmont Heights (BH)
UTILITIES Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Electricity - On Property
VIEW DESCRIPTION None
WATER Public
ZONING LBR2A
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Pabst, Kinney & Associates

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/2/24 12:21 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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