$980,000
$950,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
915 Freeman Avenue Long Beach, CA 90804
3,502 SqFt
Key Details
Sold Price $980,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,502 sqft
Price per Sqft $279
Subdivision Eastside (Es)
MLS Listing ID PW16092699
Sold Date 08/19/16
Construction Status Turnkey
HOA Y/N No
Year Built 1949
Property Description
I am proud to offer a well-maintained six-unit apartment building located at 915 Freeman Avenue in the city of Long Beach, California. The property is located south of 10th Street and three blocks west of Redondo Avenue.
Built in 1949, the wood frame and painted stucco building offers 3,502 rentable square feet and is situated on a 6,773-square foot lot. The property offers a unit mix of five one-bedroom/one-bathroom units and one two-bedroom/one-bathroom unit. The property is individually metered for gas and electricity and offers on-site laundry for the tenant’s convenience.
915 Freeman Avenue is a rare opportunity to purchase an extremely well-maintained apartment in a high-demand rental market. With a stable return on current numbers and true upside in rents for a more aggressive management-style, makes this a value-add opportunity and a perfect addition to any investor’s portfolio.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Heating WallFurnace
Cooling Electric, Gas
Flooring Carpet
Fireplaces Type Kitchen
Fireplace Yes
Appliance GasCooktop, GasOven, GasRange
Laundry CommonArea
Exterior
Garage Asphalt, DoorSingle, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence WroughtIron
Pool None
Community Features Curbs, StormDrains, StreetLights, Sidewalks
Utilities Available ElectricityAvailable, SewerConnected
Accessibility Parking
Parking Type Asphalt, DoorSingle, Garage
Total Parking Spaces 4
Private Pool No
Building
Lot Description Item610UnitsAcre
Faces East
Story 1
Foundation Slab
Water Public
Architectural Style Bungalow
Construction Status Turnkey
Others
Senior Community No
Tax ID 7258014009
Acceptable Financing Conventional
Listing Terms Conventional
Financing TrustDeed
Special Listing Condition Standard
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Bought with Ryan Rayburn • Marcus & Millichap
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442