Seller's Agent in 2024
Kurt Wood
Belmont Brokerage & Mgmt. INC.
(562) 301-6763
2 in this area
20 Total Sales
757 Freeman Ave Long Beach, CA 90804
Rose Park Neighborhood
15
Beds
10
Baths
6,355
Sq Ft
6,754
Sq Ft Lot
Highlights
- Laundry Room
- Block Wall Fence
- 2-minute walk to Rose Park
- Woodrow Wilson High School Rated A
- Level Lot
About This Home
As of October 2024This building, built in 1964 is located in a great Eastside area of Long Beach. Strong renal demand. The building consists of two 1 bdrm/1 bath, four 2 bdrm/1 bath, one 2 bdrm/2 bath, and one 3 bdrm/2 bath units. Current rent is $15,940 (including $425 for garages and parking place). That is a GRM of 11.8 x Actual rents. With delivered rent increases starting 8/1/24 and 9/1/24, scheduled rents will increase to $15,940 per month. This will decrease the GRM to 11.3 x Actual. Market rents are $18,590 per month. This would decrease the GRM to 10.0 x Market Rents.
******PLEASE NOTE! WE BELIEVE THIS IS A PERFECT BUILDING TO ADD TWO TO THREE ADU's! CHECK WITH YOUR CONTRACTOR.*******
*****NOTE-ADDRESS ON BUILDING IS 759 FREEMAN AVE.*******
Last Agent to Sell the Property
Belmont Brokerage & Mgmt. INC. Brokerage Phone: 562-301-6763 License #00452182 Listed on: 07/15/2024
Property Details
Home Type
- Apartment
Year Built
- Built in 1964
Lot Details
- 6,754 Sq Ft Lot
- No Common Walls
- Block Wall Fence
- Level Lot
Parking
- 4 Car Garage
- 1 Carport Space
- Parking Available
- Assigned Parking
Home Design
- Entry on the 1st floor
- Asphalt Roof
Interior Spaces
- 6,355 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 15 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Additional Features
- Exterior Lighting
- Suburban Location
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 16 / C
- Assessor Parcel Number 7258019018
- $1,580 per year additional tax assessments
Community Details
Overview
- 8 Units
- Eastside Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $190,476
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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 |
|---|---|---|---|---|
| 10/23/2024 10/23/24 | Sold | $2,175,000 | -3.3% | $342 / Sq Ft |
| 08/08/2024 08/08/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | For Sale | $2,250,000 | -- | $354 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,269 | $2,175,000 | $900,000 | $1,275,000 |
| 2024 | $9,269 | $616,526 | $199,947 | $416,579 |
| 2023 | $9,101 | $604,438 | $196,027 | $408,411 |
| 2022 | $8,576 | $592,587 | $192,184 | $400,403 |
| 2021 | $8,358 | $580,968 | $188,416 | $392,552 |
| 2019 | $8,238 | $563,738 | $182,829 | $380,909 |
| 2018 | $7,953 | $552,686 | $179,245 | $373,441 |
| 2016 | $7,299 | $531,227 | $172,286 | $358,941 |
| 2015 | $7,028 | $523,249 | $169,699 | $353,550 |
| 2014 | $7,020 | $513,000 | $166,375 | $346,625 |
Source: Public Records
Agents Affiliated with this Home
-
Kurt Wood
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,212 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24144969
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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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