Sold

Closed

372 Freeman Avenue

Long Beach CA, 90814

$4,795,000


$428.62 per sqft

Sold

Closed

11,187 sqft

Condos

Built in 1969

Listed by Kevin King with Marcus & Millichap [email protected]

We are pleased to present a 14-unit multifamily property. Built in 1969, the subject property consists of 11,187 rentable square feet spread throughout a 13,002 square foot lot. The building consists of ten 1-Bedroom / 1-Bathroom units, two 2-Bedroom / 2-Bathroom units, and two 3-Bedroom / 2-Bathroom units. It contains 14 garages providing ample on-site parking.

Tenants enjoy living in the Bluff Heights Neighborhood East of Downtown Long Beach, a short distance to local beaches, California State University of Long Beach, as well as shopping, restaurants, and nightlife. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California.

PW24150865

MLS ID

July 23, 2024

Listed

December 5, 2024

Updated

Map

372 Freeman Avenue
Long Beach CA, 90814

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Radiant

Exterior/Building Features

Lot Size

0.3 Acres


Lot Features

11-15 Units/Acre


Sewer

Public Sewer, Septic Type Unknown

Other Property Details

Area Name

699 - Not Defined


Days on Market

72


Garage

Yes


Garage Spaces

14


Parking Total

14


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LBR2A

Listing History

Date

Event

Price

10/7/2024

Sold

$4,795,000

10/3/2024

Pending

8/26/2024

Price change

$4,895,000

-3%

Listing Contact: 562-257-1200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 6:29 AM UTC

 

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