729 Freeman Avenue

Long Beach, CA 90804
$1,850,000
729 Freeman Avenue is a 6-unit multifamily investment opportunity located in Long Beach, California. Constructed in 1978, the property features approximately 5,319 net rentable square feet situated on a 0.15-acre parcel. The property features a desirable unit mix of 2 one-bed/one-bath units, 3 two-bed/one-bath units, and 1 three-bed/two-bath unit. CommunityRead MoreRead Less
Property listed by Marcus & Millichap RE Invest, Tyler Leeson [email protected]
Listing Snapshot
Days Online
35
Last Updated
Property Type
Apartment
Lot Size
0.15 Acres
Year Built
1978
MLS Number
OC26180182
Property Location Map
Additional Details
Building
Built in 1978, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: First level
Community
Curbs, Gutters, StreetLights, Sidewalks
Expenses
Electric: $1,434, Fuel: $1,434, Insurance: $5,000, Maintenance: $4,800, Operating: $47,119, Trash: $1,434, Water/Sewer: $1,434
Garage
6 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $153,552, Gross ScheduledIncome: $151,692, Net Operating Income: $101,882
Laundry
CommonArea
Lot
0.15 acres, StreetLevel
Parking
6 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7258019010, Tax Block: C, Lot: 8
Utilities
Water Source: Public, 6 separate electric meters, 6 separate gas meters
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Monthly Payment
$0
Tina Burke
Realtor / CALDRE #01838777
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.