1710 Freeman Ave, Long Beach, California 90804, Long Beach, 90804 - 0 bed, 0 bath
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Long Beach, California 90804
This Income-Generating Triplex represents a strategic Value-Add Asset listed at $1,260,000. Positioned relative to a $1,003,725 Fair Market Value, the property offers significant long-term upside in the high-demand Eastside Long Beach market. Featuring a Condition Rating of 5, the century-old structure—comprising a three-bedroom home and two additional units—requires modernization of systems to capture maximum market rents. Its proximity to Cal State Long Beach and the 9/10 rated Fremont Elementary ensures consistent tenant demand and stable cash flow. This acquisition is best suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1710 Freeman Ave Subject | $1,260,000* List Price | 0 | 0 | 2,358 | $426 | - |
A 926 928 Newport Sold | $1,085,000 | 0 | 0 | 2,193 | $495 | 0.7 mi |
B 1425 Park Sold | $1,100,000 | 6 | 4 | 2,680 | $410 | 0.6 mi |
C 735 Newport Avenue Sold | $935,000 | 0 | 0 | 1,768 | $529 | 0.9 mi |
D 932 Coronado Avenue Sold | $1,300,000 | 0 | 0 | 2,714 | $479 | 0.7 mi |
E 932 Coronado Avenue Sold | $1,300,000 | 5 | 5 | 2,714 | $479 | 0.7 mi |
F 1073 Orizaba Avenue Pending | $1,195,000 List Price | 0 | 0 | 2,044 | $585 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property is over a century old. The listing provides no interior images or details about recent renovations, particularly for kitchens and bathrooms. The property analysis explicitly notes 'Age of Property,' 'outdated systems,' 'unspecified unit condition' suggesting a need for modernization, and 'potential for capital expenditures' for major systems. While the exterior appears maintained, the lack of interior information and the age-related weaknesses indicate that the property likely requires substantial repairs and rehabilitation to meet current living standards and address potentially outdated systems.
Elementary School: Fremont Elementary School (9/10).
The property is a triplex consisting of a 3-bedroom, 2-bedroom, and 1-bedroom unit, providing diversified rental income streams and strong cash flow potential.
Strategically located in Eastside Long Beach, minutes from Cal State Long Beach, the Traffic Circle amenities, and the vibrant restaurants and entertainment of Belmont Shore, ensuring high tenant demand.
Built in 1921, the property is over a century old, which may lead to higher maintenance costs, outdated systems, and potential for deferred repairs.
The description does not detail any recent renovations or upgrades to the individual units, suggesting they may require modernization to maximize rental income and tenant appeal.
As an older multi-unit property, there is an inherent risk of needing significant capital expenditures for major system replacements (e.g., roof, plumbing, electrical) in the near future.
Pleased to present the opportunity to acquire The Freeman Triplex in Long Beach. Located in Eastside Long Beach, the property consists of a three bedroom home, two bedroom unit, and one bedroom unit. Tenants appreciate garage parking, central courtyard, and close proximity to the amenities available at the Traffic Circle. The property's ideally located just minutes away from Cal State Long Beach as well as the restaurants and entertainment options in Belmont Shore making this an ideal asset for consistent cash flow with future upside.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,358 | 1,972 | 67% |
| Lot Size | 6,500 | 6,254 | 67% |
| Price | $1.26M | $1.05M | 62% |
| Price per sq ft | $534 | $534 | 50% |
| Built year | 1921 | 1924 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 135 | 189 | 33% |
Mar 7, 2026
$1,260,000
$1,285,000
-2% Price Drop
Initial Listing
Dec 8, 2025
$1,285,000
Initial Listing