Long Beach, CA 90814,372 Freeman AVE
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Long Beach, CA 90814,372 Freeman AVE
Long Beach, CA 90814,372 Freeman AVE
Long Beach, CA 90814,372 Freeman AVE
Long Beach, CA 90814,372 Freeman AVE

$4,795,000

Est. payment /mo

$4,895,000

2.0%
Est.Price: ?

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372 Freeman AVE Long Beach, CA 90814

0.3 Acres Lot

SOLD DATE : 10/04/2024

Key Details

Sold Price $4,795,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24150865

Sold Date 10/04/24

HOA Y/N No

Year Built 1969

Lot Size 0.298 Acres

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

Interior

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

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California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap • kking@marcusmillichap.com
Bought with Anthony Walker • Buckingham Investments, Inc

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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