SOLD
$ 1,399,000
Date 11/02/2017
915 Freeman Avenue
Long Beach, CA 90804
Cluster
Residence
3,502
Sq. Ft.
0.16
Acre Lot
1of
Map
Photos
Courtesy: Andrew McAllister - Nationwide Real Estate Execs
Last Updated: 11/20/2017 11:53 AM
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.
RS17165616
Cluster, Other
Los Angeles
1949
0.16 Acres
Courtesy: Andrew McAllister - Nationwide Real Estate Execs
Barbara Simmons, Xome Inc., CalBRE #637579, barbara.simmons@xome.com , 844-400-9663 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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