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$6,000,000
360 Freeman Ave, Long Beach, CA 90814
0 Beds
0 Baths
11,187 SqFt

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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
  • Price:
  • $6,000,000
  • Square Footage:
  • 11,187
  • Acreage:
  • 0.30
  • Year Built:
  • 1969
  • Listing ID #:
  • OC22068380
  • Street Address:
  • 360 Freeman Ave
  • City:
  • Long Beach
  • State:
  • California
  • Postal Code:
  • 90814
  • County:
  • Los Angeles
  • Community:
  • Belmont Heights/ Alamitos Heights
  • Subdivision:
  • Belmont Heights (bh)
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Entry Level:
  • 1
  • Number Of Floors In Unit:
  • Two
  • Number Of Units:
  • 14
  • Stories:
  • 2
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 11187
  • Walls:
  • 2+ Common Walls
  • Year Built:
  • 1969
  • Year Built Source:
  • Public Records
  • Annual Electric Expenses:
  • 1624
  • Annual Insurance Expenses:
  • 6843
  • Annual Maintenance Expenses:
  • 10208
  • Annual Water/Sewer Expenses:
  • 5359
  • Net Operating Income:
  • 216088
  • Operating Expense:
  • 51092
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Lbr2a
  • Lot Features:
  • 11-15 Units/Acre
  • Lot Size:
  • 13003
  • Lot Square Footage:
  • 13003
  • Community Features:
  • Biking, Dog Park, Street Lights, Sidewalks
  • Days On Market:
  • 180
  • Lease Rate:
  • 21185
  • On Market Date:
  • 2022-04-06
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, Conventional
  • Subdivision:
  • Belmont Heights (bh)
  • Laundry:
  • In Garage
  • Garage Parking Spaces:
  • 9
  • Has Garage:
  • Yes
  • Parking Description:
  • Garage
  • Parking Spaces:
  • 9
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Michelle Towell with People Realty
  • CACRMLS

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