We are pleased to present a 36-unit multifamily property located at 910-930 Freeman Avenue located in Long Beach, CA. Built in
1963, the subject property consists of 27,124 rentable square feet spread throughout a 27,013 square foot lot. The building consists of four 1-
bedroom / 1-bathroom units, and thirty-two 2-bedroom / 1 -bathroom unit. It contains twenty-four garages and numerous communal patios for
tenants.
The units were fully renovated and re-imagined, including creative amenities such as new kitchens & bathrooms, vinyl floors, and open living
areas. The layout for each unit was redesigned to maximize living space, emphasize natural light, and to accentuate modern architectural
elements.
Tenants enjoy living between Downtown Long Beach and Belmont Shore, 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. The city is undergoing a building boom with more than $5 billion in private and public investments in various stages of
development. The new $520 million Long Beach Civic Center development will house a new City Hall, Port of Long Beach headquarters and the
Main Library. Long Beach sustains its ability to attract renters due to its strong economy and quality of life.