387 Freeman Avenue, Long Beach, CA 90814
Property
Sold November 2024
Listing Agent: Mark Kachigan (DRE #00644779) · Listing Office: Pabst, Kinney & Associates · Contact: 562-225-4848 · Bought with: David Goodwin · Fiv Realty Co · MLS #PW24106426 · Source: CRMLS
About this property
***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.
Listing description from the November 2024 sale, as reported to CRMLS.
Sale history