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1542 FREEMAN Ave, Long Beach, CA 90804
1542 FREEMAN Ave, Long Beach, CA 90804
1542 FREEMAN Ave, Long Beach, CA 90804
Listing courtesy of: John Giddings, CENTURY 21 Action !
For Sale (MLS-listed)
$699,000

1542 FREEMAN Ave Long Beach, CA 90804

Beds: 6
Baths: 4
Sq. Ft.: 3,035
$/Sq. Ft.: $230
Lot Size: 5,590 Sq. Ft.
Property Type:Multi-Family
Style:Contemporary
Year Built: 1980
Community: Eastside/Circle Area
County: Los Angeles
MLS#: P706351
Source: SoCalMLS
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 46 days
Great curb appeal! Built in 1980. Upper units have vaulted ceilings. Coin operated laundry room. 5 garages & additional parking. Separate gas & electrical meters. Drive by only, tenants are unaware of sale.

Heating & Cooling

  • Floor Furnace

Community Features

  • Units in Complex (Total): 4

Unit 1 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $975
  • Monthly Rent (Total): $975

Unit 4 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $840
  • Monthly Rent (Total): $840

Property Information

  • Land Lease Type: Fee
  • Square Footage Source: Public Records
  • Tax Parcel Number: 7259027013

Listing Information

  • MLS: SoCalMLS
  • Listing Terms: Cash To New Loan

Parking Information

  • # of Parking Spaces (Total): 8
  • # of Garages: 5
  • Assigned

Property Features

  • Grab Bars In Bathroom(s)

Unit 2 Information

  • Number: 1
  • # of Beds: 2
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $1,050
  • Monthly Rent (Total): $1,050

Lot Information

  • Lot Size (Sq. Ft.): 5,590
  • Dimensions: 49x130
  • Lot Size Source: Public Records

Financial Information

  • Capitalization Rate (%): 6.03
  • Net Operating Income: $42,180
  • Monthly Gross Income: $3,715
  • Actual Gross Annual Income: $42,180
  • Gross Scheduled Income: $44,580
  • Actual Annual Gross Rent: $44,580
  • Gross Rent Multiplier: 15.68
  • No Private Transfer Taxes

Building Information

  • Ground Level Entry (No Steps)
  • Stucco Exterior
  • Builders Tract Name: Eastside
  • Builders Tract Code: ES

Multi-Family Information

  • Type of Business: 4 units 2/2br 2/1br +5 garages
  • # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1

Unit 3 Information

  • Number: 1
  • # of Beds: 1
  • # of Baths: 1
  • Unfurnished
  • Monthly Rent: $850
  • Monthly Rent (Total): $850

Location Information

  • Cross Streets: 15th and Obispo
  • Driving Directions: South of PCH, North of Anaheim St. West of Redondo Ave
  • Tax Area: 5500
  • Legal Block #: 1
  • Legal Lot #: 1

Expense Information

  • Insurance: $500
  • Licenses: $300
  • Maintenance: $50
  • Operating: $200

Listing last changed

November 9, 2009, 1:22 PM

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Property History for 1542 FREEMAN Ave

Date Event Price Appreciation Source
Nov 09, 2009 Price Changed $699,000 -- SoCalMLS #P706351
Oct 08, 2009 Listed $749,000 -- SoCalMLS #P706351
Jun 01, 2004 Sold (Public Records) $725,000 >1,000%/yr Public Records
Dec 16, 2003 Sold (Public Records) $142,000 -- Public Records

NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.

Public Facts for 1542 FREEMAN Ave

Beds: 8
Baths: 4.0
Finished Sqft: 3035
Unfinished Sqft: -
Total Sqft: 3035
Floors: 1
Lot Size: 5,590
Style: Multi-Family (2-4 Unit)
Year Built: 1980
Year Renovated: -
County: Los Angeles County
APN: 7259027013
Last Updated: November 19, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $480,274
Additions $320,183
Total $800,457
Tax (2008) $8,818

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