J
Seller's Agent in 2025
John Dumke
John Dumke, Broker
767 Freeman Ave Long Beach, CA 90804
Rose Park Neighborhood
14
Beds
7
Baths
5,332
Sq Ft
6,752
Sq Ft Lot
Highlights
- Laundry Room
- Wall Furnace
- 2-minute walk to Rose Park
- Woodrow Wilson High School Rated A
- Back Yard
About This Home
As of November 2025Excellent cash flow building in prime Eastside Long Beach area. 7 units total, four garages with 4 parking spaces in front of garage. All unit doors face south for lots of natural light and share common back yard space for happy tenants. Common area laundry room for convenience. All units have been well maintained and upgraded, granite counters, low maintenance tile flooring and updated bathrooms. Very little deferred maintenance. All 7 unit electrical subpanels upgraded in 2024. Great location. Rose Park is right around the corner, walking distance to shops and restaurants on 4th Street, 7th Street and Redondo. Current monthly income 13,935 (167,220 annual). GRM is 11.3x. Cap rate with 35% expenses is 5.7%. Market rents are 2,250 with garage and 2050 without. Building has been professionally managed with great tenants. The building is the perfect combination of a quality and cash flow. Units show very well as they are upgraded upon vacancy. This is an easy building to own and manage with additional upside.
Last Agent to Sell the Property
John Dumke
John Dumke, Broker Brokerage Phone: 562-572-2296 License #01030015 Listed on: 08/14/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 6,751 Sq Ft Lot
- Two or More Common Walls
- Back Yard
Parking
- 4 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,332 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 18 / C
- Tax Tract Number 7258
- Assessor Parcel Number 7258019020
Community Details
Overview
- 7 Units
- Eastside Subdivision
Amenities
- Laundry Facilities
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $488
- Gardener Expense $1,500
- Insurance Expense $462
- Trash Expense $4,265
- Operating Expense $57,162
- Gross Income $163,320
- Net Operating Income $106,158
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Sold | $1,800,000 | -5.0% | $338 / Sq Ft |
| 09/06/2025 09/06/25 | Pending | -- | -- | -- |
| 08/14/2025 08/14/25 | For Sale | $1,895,000 | -- | $355 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
-
Anthony Walker
Buyer's Agent in 2025
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
3 in this area
86 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25182759
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. 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
Nearby Homes
- 3025 E Theresa St
- 3045 E Theresa St Unit 8
- 820 Temple Ave
- 678 Coronado Ave
- 728 Ohio Ave
- 824 Redondo Ave
- 1055 Orizaba Ave Unit 6
- 1012 Temple Ave
- 645 Temple Ave Unit 5
- 735 Newport Ave
- 605 Redondo Ave Unit 206
- 444 Obispo Ave Unit 3
- 2546 E 10th St Unit 2546
- 920 Loma Ave
- 1207 Obispo Ave Unit 210
- 1206 Gladys Ave
- 540 Loma Ave
- 1123 Ohio Ave
- 1081 Loma Ave
- 1100 Newport Ave Unit 403
Your Personal Tour Guide
Ask me questions while you tour the home.