360 Freeman Avenue $5,500,000

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    360 Freeman Avenue Long Beach, CA 90814

    • 0 Beds
    • 0 Baths
    • 11,187 sq. ft.
    • Multi-Family
    • MLS# OC22068380
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    Views: 172 Days On Market: 182

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    Property Details

    This 14 unit investment property consists of ten 1-bedroom / 1-bathroom units, two 3-bedroom / 2 bathroom units, one 2 bedroom / 2 bathroom and one 2-bedroom / 1.5 -bathroom unit. It contains nine garages , onsite laundry and a communal courtyard. Secure, gated entry, delightfully manicured landscaping, this property offers an elegant lifestyle to its tenants Location is steps away from all the restaurants and shopping 2nd street has to offer! Blocks from the beach. Award winning Long Beach Unified School District; Lowell Elementary, Rogers Middle, Wilson High School

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 2.500 %
      • Community Features Sidewalks
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Number Of Separate Electric Meters 14
      • Number Of Separate Gas Meters 0
      • Number Of Separate Water Meters 0
      • Number Of Units Leased 14
      • Number Of Units Total 14
      • Subdivision Name Belmont Heights (BH)
      • YearBuilt 1969
    • Building Features
      • Laundry Features In Garage
      • Levels Two
    • Property Features
      • Lot Size Acres 0.29
      • Lot Features 11-15 Units/Acre
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 9.00

    Contact

    Greg Maffei

    Greg Maffei

    Broker Associate / Realtor

    DRE# 01091979

    Sepulveda Office

    Cell: 310-800-0388

    Neighborhood

    90814 (Long Beach) Demographics

    37 Median Age
    13,817 Population Density (per sq. mile)
    59% College Educated
    $81,925 Estimated Median Income
    3,088 Estimated Total Home Owners
    5,558 Estimated Total Renters
    36% / 64% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    18,714 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $759,500 Median Sales Price
    10 Homes Sold
    11 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $5,500,000
        10/4/2022 12:16:33 PM Price Reduced Source: Multiple Listing Service New Value: $5,500,000 -8.33%
        10/4/2022 12:16:33 PM Status Changed Source: Multiple Listing Service New Value: Active
        8/25/2022 9:16:28 AM Status Changed Source: Multiple Listing Service New Value: Pending
        4/6/2022 1:05:00 PM New in Database Source: Multiple Listing Service New Value: $6,000,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 10/6/2022 12:02:19 PM. 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. 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, 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.