Leslie Stonick
Compass
(424) 381-0410
72 Total Sales
1 in Rose Park
$826,000 Price
915 Freeman Ave Long Beach, CA 90804
Rose Park Neighborhood
4
Beds
3
Baths
3,502
Sq Ft
6,774
Sq Ft Lot
Highlights
- Property is near public transit
- Landscaped
- Level Lot
- Wilson High School Rated A
- Laundry Facilities
- 1-minute walk to Rose Park
About This Home
As of November 2017Back on Market, Buyer fell out of escrow. The Freeman Apartments is a Six-Unit complex located in the Rose Park area of Long Beach, CA and is NOT subject to rent control. This is a value add investment opportunity, as current ownership renovated Two out of the Six units, but rents are still below market. There are (2) on-site garages and the unit mix is comprised of (1) large 2 Bed / 1 Bath, (5) 1 Bed / 1 Bath units. A new investor can realize a significant upside in rents by renovating the remaining Four units and updating the exterior of the building. Great Rose Park location with a Walk Score of 86.
Last Agent to Sell the Property
eXp Realty of Greater L.A License #01946829 Listed on: 07/24/2017
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,068
Year Built
- Built in 1949
Lot Details
- 6,774 Sq Ft Lot
- No Common Walls
- Landscaped
- Level Lot
Parking
- 2 Car Garage
Home Design
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,502 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Location
- Property is near public transit
- Urban Location
Additional Features
- Rain Gutters
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 8 / A
- Tax Tract Number 1
- Assessor Parcel Number 7258014009
Community Details
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Fuel Expense $574
- Gardener Expense $600
- Insurance Expense $1,953
- Maintenance Expense $3,924
- Supplies Expense $1,500
- Water Sewer Expense $2,450
- New Taxes Expense $17,301
- Operating Expense $29,677
- Gross Income $104,700
- Net Operating Income $72,938
Additional Features
- 6 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 25, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,386,000
Outstanding Balance
$1,188,744
Interest Rate
4.6%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Jul 24, 2017
Closed on
Oct 6, 2017
Sold by
Bought by
Seller's Agent
Andrew McAllister
eXp Realty of Greater L.A
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,399,000
Sold Price
$1,399,000
Purchase Details
Listed on
May 2, 2016
Closed on
Aug 8, 2016
Sold by
Bought by
Seller's Agent
Ryan Rayburn
Marcus & Millichap
Buyer's Agent
Ryan Rayburn
Marcus & Millichap
List Price
$950,000
Sold Price
$980,000
Premium/Discount to List
$30,000
3.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.20%
Original Mortgage
$600,000
Interest Rate
3.59%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rose Park, CA
-
Leslie Stonick
-
Gina Bryson
Gina Bryson
IFG Realty
(562) 620-3688
43 Total Sales
1 in Rose Park
$955,000 Price
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
119 Total Sales
1 in Rose Park
$1,115,000 Price
-
Mel Macklin
Mel Macklin
HomeSmart, Evergreen Realty
(747) 307-7003
49 Total Sales
2 in Rose Park
$475,000 Price Range
-
John Rudy
John Rudy
Trends RE Inc.
(747) 271-4844
33 Total Sales
1 in Rose Park
$975,000 Price
-
Angela Weeks
Angela Weeks
Responds QuicklyFirst Team Real Estate
(949) 438-4986
42 Total Sales
3 in Rose Park
$407K - $425K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $1,400,000 | None Available | ||
| $1,399,000 | Ticor Title | ||
| $980,000 | Ticor Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,386,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $324,000 | ||
| Previous Owner | $235,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/02/2017 11/02/17 | Sold | $1,399,000 | 0.0% | $399 / Sq Ft | |
| 07/24/2017 07/24/17 | For Sale | $1,399,000 | +42.8% | $399 / Sq Ft | |
| 08/19/2016 08/19/16 | Sold | $980,000 | +3.2% | $280 / Sq Ft | View Prior Sale |
| 05/26/2016 05/26/16 | Pending | -- | -- | -- | |
| 05/02/2016 05/02/16 | For Sale | $950,000 | -- | $271 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $21,051 | $1,561,722 | $892,413 | $669,309 |
| 2024 | $20,165 | $1,531,101 | $874,915 | $656,186 |
| 2023 | $19,822 | $1,501,080 | $857,760 | $643,320 |
| 2022 | $18,607 | $1,471,648 | $840,942 | $630,706 |
| 2021 | $18,234 | $1,442,793 | $824,453 | $618,340 |
| 2019 | $17,974 | $1,400,000 | $800,000 | $600,000 |
| 2018 | $17,795 | $1,399,000 | $800,000 | $599,000 |
| 2016 | $7,068 | $539,302 | $215,041 | $324,261 |
| 2015 | $6,797 | $531,202 | $211,811 | $319,391 |
| 2014 | $6,778 | $520,797 | $207,662 | $313,135 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew McAllister
A
Seller's Agent in 2017
Andrew McAllister
eXp Realty of Greater L.A
(562) 423-8134
14 Total Sales
-
G
Buyer's Agent in 2017
General NONMEMBER
NONMEMBER MRML
-
R
Seller's Agent in 2016
Ryan Rayburn
Marcus & Millichap
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS17165616
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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