Seller's Agent in 2023
Michelle Towell
The Childress Group, Inc
(661) 912-2395
1 in this area
53 Total Sales
360 Freeman Ave Long Beach, CA 90814
Bluff Heights Neighborhood
8
Beds
7
Baths
11,187
Sq Ft
0.3
Acres
Highlights
- 0.3 Acre Lot
- No HOA
- 9 Car Garage
- Woodrow Wilson High School Rated A
- Laundry Room
- Bike Trail
About This Home
As of April 2023This 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
Last Agent to Sell the Property
The Childress Group, Inc License #01869208 Listed on: 04/06/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 0.3 Acre Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 9 Car Garage
- Parking Available
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 11,187 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 10
- Assessor Parcel Number 7257012028
Community Details
Overview
- No Home Owners Association
- 14 Units
- Belmont Heights Subdivision
Recreation
- Dog Park
- Bike Trail
Building Details
- 14 Leased Units
- 14 Separate Electric Meters
- Electric Expense $1,624
- Gardener Expense $2,480
- Insurance Expense $6,843
- Maintenance Expense $10,208
- Pest Control $440
- Professional Management Expense $14,767
- Water Sewer Expense $5,359
- Operating Expense $51,092
- Gross Income $261,836
- Net Operating Income $216,088
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2023 04/12/23 | Sold | $5,000,000 | -9.1% | $447 / Sq Ft |
| 12/27/2022 12/27/22 | Pending | -- | -- | -- |
| 10/04/2022 10/04/22 | Price Changed | $5,500,000 | 0.0% | $492 / Sq Ft |
| 10/04/2022 10/04/22 | For Sale | $5,500,000 | -8.3% | $492 / Sq Ft |
| 08/24/2022 08/24/22 | Pending | -- | -- | -- |
| 04/06/2022 04/06/22 | For Sale | $6,000,000 | 0.0% | $536 / Sq Ft |
| 08/04/2013 08/04/13 | Rented | $1,095 | +4.3% | -- |
| 07/30/2013 07/30/13 | Under Contract | -- | -- | -- |
| 07/13/2013 07/13/13 | For Rent | $1,050 | 0.0% | -- |
| 06/01/2013 06/01/13 | Rented | $1,050 | +5.5% | -- |
| 05/23/2013 05/23/13 | Under Contract | -- | -- | -- |
| 05/04/2013 05/04/13 | For Rent | $995 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $66,506 | $5,202,000 | $3,641,400 | $1,560,600 |
| 2024 | $66,506 | $5,100,000 | $3,570,000 | $1,530,000 |
| 2023 | $9,335 | $523,946 | $101,167 | $422,779 |
| 2022 | $8,835 | $513,674 | $99,184 | $414,490 |
| 2021 | $8,565 | $503,603 | $97,240 | $406,363 |
| 2020 | $8,539 | $499,560 | $96,243 | $403,317 |
| 2019 | $8,443 | $489,787 | $94,356 | $395,431 |
| 2018 | $8,043 | $480,206 | $92,506 | $387,700 |
| 2016 | $7,365 | $460,484 | $88,915 | $371,569 |
| 2015 | $7,118 | $453,568 | $87,580 | $365,988 |
| 2014 | $7,152 | $444,684 | $85,865 | $358,819 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Towell
-
Anthony Walker
Buyer's Agent in 2023
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
4 in this area
88 Total Sales
-
Mike Norton
Seller's Agent in 2013
Mike Norton
Seven Gables Real Estate
(562) 577-5021
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22068380
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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