$4,995,000
Active
43 Days Online
0 Beds0 Baths0 SQFT
Active

372 Freeman Avenue Long Beach, CA 90814

We are pleased to present a 14-unit multifamily property. Built in 1969, the subject property consists of 11,187 rentable square feet spread throughout a 13,002 square foot lot. The building consists of ten 1-Bedroom / 1-Bathroom units, two 2-Bedroom / 2-Bathroom units, and two 3-Bedroom / 2-Bathroom units. It contains 14 garages providing ample on-site parking. Tenants enjoy living in the Bluff Heights Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site42 Days
  • MLS StatusActive
  • MLS ID NumberPW24150865
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.2985 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Terms CashExchange
  • Stories 2 Story

Exterior Features

  • Pool N/K

Community Features

  • Neighborhood Bluff Heights

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Monthly Payment (Est.)

$24,164
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