$4,795,000
$4,895,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
372 Freeman AVE Long Beach, CA 90814
11,187 SqFt
Key Details
Sold Price $4,795,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 11,187 sqft
Price per Sqft $428
MLS Listing ID PW24150865
Sold Date 10/04/24
HOA Y/N No
Year Built 1969
Lot Size 0.298 Acres
Acres 0.2985
Property Description
We are pleased to present a 14-unit multifamily property. Built in 1969, the subject property consists of 11,187 rentable square feet spread throughout a 13,002 square foot lot. The building consists of ten 1-Bedroom / 1-Bathroom units, two 2-Bedroom / 2-Bathroom units, and two 3-Bedroom / 2-Bathroom units. It contains 14 garages providing ample on-site parking.
Tenants enjoy living in the Bluff Heights Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LBR2A
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Radiant
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 14.0
Garage Description 14.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 14
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer, Septic Type Unknown
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7257012027
Energy Description 2875.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Anthony Walker • Buckingham Investments, Inc