Long Beach, CA 90807,404 E Freeland ST
Long Beach, CA 90807,404 E Freeland ST
Long Beach, CA 90807,404 E Freeland ST
41
$1,225,000
$1,249,000
1.9%
Est.Price: ?

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9,583 Sqft Lot

404 E Freeland ST Long Beach, CA 90807

Est. payment /mo
SOLD DATE : 11/13/2019

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Key Details

Sold Price $1,225,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Bixby Knolls (Bk)

MLS Listing ID SB19215024

Sold Date 11/13/19

HOA Y/N No

Year Built 1945

Lot Size 9,583 Sqft

Property Description

We are proud to present 404 E Freeland St located in Long Beach in Bixby Knolls. This 4-unit features (4) 2-Bedroom/1-Bath modern units for a total living area of 3,256 Sqft and (4) car garage spaces with an additional 7 on-site parking. This property features a 400-amp electrical service box that has been newly installed. Water heaters have been upgraded to tankless and are plumbed into the unit. Original heaters in each unit were upgraded to high-efficiency direct vent heaters. The original roof has been stripped and replaced with 40-year shingles to both building and garage. In addition, each unit has newly installed garbage disposals. All windows have been replaced with dual pane energy-efficient windows. All tenants have access to shared laundry. This property has been owned by the same owner since 1948. Over the past few years, Bixby Knolls has seen a huge amount of changes attracting businesses and people from all over. Bixby Knolls offers residents access to popular destinations such as Steelcraft, Bake and Broil and has recently attracted multiple brewers including Liberation Brew Co., Smog City Brewing, and Dutches Brewhouse to name a few. This property is an incredible opportunity for an investor and/or own-user to own a trophy property in an area that is rapidly growing, with upward potential in the current rents.

Location

State CA

County Los Angeles

Area 6 - Bixby, Bixby Knolls, Los Cerritos

Zoning LBR3S

Interior

Fireplace No

Laundry Common Area, Stacked

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Suburban, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7134017007

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Stiegler II • Lyon Stahl Investment Real Estate, Inc.
Bought with Andrew McAllister • Nationwide Real Estate Execs

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Valencia Marlowe

Agent | License ID: 01498425

+1(310) 780-0461

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