372 Freeman Avenue

Long Beach, CA 90814

PRICE REDUCED

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-$100,000 (-2.00%)

$4,895,000

List Price

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1969

calendar_month Built

Property Description

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.

Listing Information

List Price $4,895,000
Status Active
MLS PW24150865
Type Residential Income
Subtype Apartment
Year Built 1969
Lot Size 13,002
Structure Size N/A
DOM 34
Courtesy Of Marcus & Millichap
Listing Agent Kevin King DRE#01158184

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Kevin King, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 26th, 2024 at 9:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.