1510 Freeman Avenue Long Beach, CA 90804
First time on the market in over 15 years and ownership has never aggressively raised rents. Built in 1953, the Freeman Apartments Features 5 single-story units comprised of (5) 1 Bed / 1 Bath units, (3) on-site garages & leased coin operated laundry (month to month). Huge value add opportunity with roughly 44% upside in rents and a market cap rate of 6.63%.
|5 months ago||Listing updated with changes from the MLS|
|5 months ago||Listing first seen online|
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, 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.
Visit RubyHome’s articles for sellers for more information about selling your home.
Check out RubyHome’s articles for buyers for more information about buying a home.
Real Estate Terms
Visit our real estate glossary for more real estate and financing terminology.