Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
1721 Freeman Ave
Long Beach, CA 90804
Asking Price
$5.00M
Cap Rate
5.34%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
16 Units | Eastside Long Beach | Turnkey - $1.150M in CapEx <ul><li>Turn-key Asset with Approximately $1.150M in Capital Improvements</li><li>Updated Electrical and Plumbing Systems & 2 Newly-Contructed 2BD ADUs</li><li>High-Quality Renovations and Elevated Exterior Aesthetics Drive Premium Rents</li><li>Eastside Location Presents High-Demand Rental Market - 89.3% Renter Population</li></ul>
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
1.60%
DSCR
0.27
Underwater
Cash-on-Cash
-14.45%
Monthly Payment
$24,712.535
Annual Cash Flow
$-216,550.416
