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915 Freeman Avenue, Long Beach, CA 90804

Property · 2 recorded sales since 2016

915 Freeman Avenue, Long Beach, CA 90804 Sold November 2017 CRMLS
$1,399,000Sold November 2017

Listing Agent: Andrew McAllister (DRE #01946829) · Listing Office: Nationwide Real Estate Execs · Contact: 562-423-8134 · Bought with: Elaine Hutchinson · CRMLS · MLS #RS17165616 · Source: CRMLS

6,774 sqft
Lot Size
1949
Year Built
Property
Type
1
Stories
2
Garage
None
Cooling
WallFurnace
Heating
$7,068/yr
Taxes

About this property

Back 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.

Listing description from the November 2017 sale, as reported to CRMLS.

Sale history

$1,399,000
Sold November 2017 · on market July 2017 · MLS #RS17165616 · Source: CRMLS
Listing Agent: Andrew McAllister · Listing Office: Nationwide Real Estate Execs · Contact: 562-423-8134 · Bought with: Elaine Hutchinson · CRMLS
$980,000
Sold August 2016 · listed $950,000, on market May 2016 · MLS #PW16092699 · Source: CRMLS
Listing Agent: Ryan Rayburn · Listing Office: Marcus & Millichap · Contact: 562-257-1200 · Bought with: Ryan Rayburn · Marcus & Millichap
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