USACALong BeachEastside (Es)767 Freeman Ave
South Facing Unit!!! | Image 1
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767 Freeman Ave, Long Beach, CA

Condo

Sold

Listed price in listed location currency (USD).
$1,800,000
$1,895,000

004

MLS® PW25182759

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Approx. Age 1961
MLS® Number PW25182759

Property Address: 767 Freeman Ave, Long Beach, CA, 90804-4912

Average square foot calculated using Size range provided by listing agent.

Description

Excellent cash flow building in prime Eastside Long Beach area. 7 units total, four garages with 4 parking spaces in front of garage. All unit doors face south for lots of natural light and share common back yard space for happy tenants. Common area laundry room for convenience. All units have been well maintained and upgraded, granite counters, low maintenance tile flooring and updated bathrooms. Very little deferred maintenance. All 7 unit electrical subpanels upgraded in 2024. Great location. Rose Park is right around the corner, walking distance to shops and restaurants on 4th Street, 7th Street and Redondo. Current monthly income 13, 935 (167, 220 annual). GRM is 11.3x. Cap rate with 35% expenses is 5.7%. Market rents are 2, 250 with garage and 2050 without. Building has been professionally managed with great tenants. The building is the perfect combination of a quality and cash flow. Units show very well as they are upgraded upon vacancy. This is an easy building to own and manage with additional upside.
MLS® NumberPW25182759
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageYes
Approx. Age1961
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Sep 6, 2025End Date
$1,800,000Sold Price

Sold

Aug 14, 2025List Date
$1,895,000List Price
  • Commute

Commute

Starting Address
Destination Address
767 Freeman Ave, Long Beach, CA

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