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$1,920,000
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Property Description
729 Freeman Avenue is a 6-unit multifamily investment opportunity located in Long Beach, California. Constructed in 1978, the property features approximately 5,319 net rentable square feet situated on a 0.15-acre parcel. The property features a desirable unit mix of 2 one-bed/one-bath units, 3 two-bed/one-bath units, and 1 three-bed/two-bath unit. Community amenities include gated access, security doors, an on-site laundry facility, and six garage parking spaces, two of which offer direct access. Additionally, unit amenities feature private patios and private balconies. 729 Freeman Avenue offers investors the opportunity to acquire a well-maintained multifamily asset with a strong, diversified unit mix and premium parking accommodations. Situated in the desirable Eastside Long Beach neighborhood near Rose Park, the property boasts an excellent location just a short distance from the coast and Downtown Long Beach. Residents benefit from close proximity to major educational hubs, including California State University, Long Beach (CSULB) and Long Beach City College, as well as convenient access to vibrant local retail, dining, and entertainment options. This strategic, highly walkable location positions 729 Freeman Avenue as a highly attractive asset in a strong coastal rental market.
Full Property Details
Full Property Details for 729 Freeman Ave
General
- Sold For: $1,920,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26180182
- Added to Site: 58 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 6
Location
- Area: 3 - Eastside, Circle Area
- County: Los Angeles
- Development Name: 3 - Eastside, Circle Area
- Driving Directions: Cross Streets of Freeman Avenue & East 7th Street
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 6
Structural Information
- Entry Location: First level
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,319
- Year Built: 1978
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.15
- Lot Size Source: Assessor
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $360.97
- Price Per Unit: 308333
Listed by Marcus & Millichap RE Invest, Tyler Leeson
Sold by Real Brokerage Technologies, Ingrid Hooker
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Schools
Schools serving 729 Freeman Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Willard Elementary School, Long Beach, CA 1055 Freeman Avenue, Long Beach, CA 90804 | K-5 | 0.2 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 0.4 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 729 Freeman Ave
Date
Details
Price
Change
Source
9/24/2026
Sold
$1,920,000
3.78%
MLS
8/17/2026
Listed
$1,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
729 Freeman Avenue, Long Beach, CA 90804 (MLS# OC26180182) is a Multi-Family property that was sold at $1,920,000 on September 24, 2026. Want to learn more about 729 Freeman Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

