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. Community amenities include gated access, security doors, an on-site laundry facility, and six garage parking spaces, two of which offer direct access. Additionally, unit amenities feature private patios and private balconies. 729 Freeman Avenue offers investors the opportunity to acquire a well-maintained multifamily asset with a strong, diversified unit mix and premium parking accommodations. Situated in the desirable Eastside Long Beach neighborhood near Rose Park, the property boasts an excellent location just a short distance from the coast and Downtown Long Beach. Residents benefit from close proximity to major educational hubs, including California State University, Long Beach (CSULB) and Long Beach City College, as well as convenient access to vibrant local retail, dining, and entertainment options. This strategic, highly walkable location positions 729 Freeman Avenue as a highly attractive asset in a strong coastal rental market.
| MLS # | OC26180182 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1978 |
| Days On Site | 32 |
| Listing Provided By | Marcus & Millichap RE Invest | Tyler Leeson |
| SQ Feet | 5,319 |
|---|---|
| Garage | 6 |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Acreage | 0.15 |
| Lot Features | Street Level |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Gutters, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90804 |
| Area | 3 Eastside | Circle Area |
| Community Name | Eastside (ES) |
| Listing VS Median (in Eastside (ES)) | |
Price: $1,850,000 low | high Med: $1,649,000 sqft: 5,319 low | high Med: 3,320 $ / sqft: $348 low | high Med: $497 On site: 32 low | high Med: 16 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90804 |
| Area | 3 Eastside | Circle Area |
| Community Name | Eastside (ES) |
| Listing VS Median (in Eastside (ES)) | |
Price: $1,850,000 low | high Med: $1,649,000 sqft: 5,319 low | high Med: 3,320 $ / sqft: $348 low | high Med: $497 On site: 32 low | high Med: 16 | |
![]() | $2,445,000625 Orizaba 6Long Beach, CA 90814 |
![]() | $2,445,000625 Orizaba 6Long Beach, CA 90814 |