1133 Freeman Ave, Long Beach, CA 90804
OFF MARKET
Listed by Cameron Samimi, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838 . Bought with Lyon Stahl Investment Real Estate, Inc.

1133 Freeman Ave
Long Beach, CA 90804

East Side
  • 24 Beds
  • 20 Baths
  • 10,746 sqft (on 0.29 acres)

$3,473,000

Trulia Estimate
as of May 19, 2026
Est. Refi. Payment $20,742/mo*
Refinance Your Home

$3,473,000

Trulia Estimate
as of May 19, 2026
Est. Refi. Payment $20,742/mo*
Refinance Your Home
24 Beds
20 Baths
10,746 sqft
(on 0.29 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

6.18% CAP RATE! Newer 1971 build. This 16 unit Pride of Ownership
asset is located in the highly coveted eastside of Long Beach.
Property not only is being offered at an amazing 6.18% cap rate
and a 10.5 GRM, but also comes with 9 Garages and 10 additional
exterior parking spaces for a total of 19 parking.
1133 Freeman has a very desirable unit mx consisting of (6)
2Bed+1Bath, (8) 1Bed+1Bath and (2) Studio+1Bath units. An
additional four 2 bedroom and 2 bathroom ADU's can be built in
the garages for approximately $600K while still maintaining 16
exterior parking spaces on the site. The 4 additional ADU's will
bring in $2600 a month each or $124,800 annually for a value of a
4.8 GRM or a 20% return annually.
The tax accessor has allocated 81% of the assets value to the
improvements giving a buyer a significant depreciation schedule
(Most buildings are 50/50). This will be a further help for a buyer
as they can currently collect 60% bonus depreciation and likely
100% retroactively if the current tax relief bill gets finalized on the
senate floor.
All units are separately metered for gas and electric and property
is impeccably maintained. This property has the best current cap
rate, price per foot, price per door GRM combo available on the
market. With upside to over a 10.5% CAP rate this property truly is
the best building you can buy right now and is perfect for any type
of investor.
CALL FOR OFFERS 8/14 5pm
All offers will have a chance to tour the asset the week of August
5th.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 05, 2024

Home Highlights

Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 1133 Freeman Ave

Interior Features

Beds & Baths
Number of Bedrooms: 24Number of Bathrooms: 20
Appliances & Utilities
Laundry: Inside
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 2Entry Location: Front

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 9Number of Covered Spaces: 9Has a GarageParking Spaces: 9Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 16

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 7259018026

Price & Status

Price
List Price: $3,300,000
Status Change & Dates
Off Market Date: Mon Dec 02 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Long Beach

Building

Building Area
Building Area: 10746 Square Feet

Community

Community Features: UrbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.29 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, Conventional, 1031 Exchange

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: SB24158172Living Area Range Units: Square FeetAttribution Contact: 310-259-7556Activation Date: Mon Aug 05 2024Common Interest: Community ApartmentStart Showing Date: Mon Aug 05 2024Universal Property Id: US-06037-N-7259018026-R-N

Additional Information

Urban
Last check for updates: about 11 hours ago
Listed by Cameron Samimi DRE #02035763, (310) 259-7556
Lyon Stahl Investment Real Estate, Inc.
Bought with: Michael Padilla DRE #01993341, (310) 420-2541, Lyon Stahl Investment Real Estate, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB24158172

Price History for 1133 Freeman Ave

DatePriceEventSource
12/02/2024$3,500,000Sold
CRMLS #SB24158172
08/21/2024$3,300,000ContingentCRMLS #SB24158172
08/05/2024$3,300,000Listed For SaleCRMLS #SB24158172
Skip to last item
  • Results are loading
Skip to first item

Comparable Sales for 1133 Freeman Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2516 E Anaheim St, Long Beach, CA
0.34
Multi-Family Home
$1,900,000
01/14/26
21
13
6,816
2521 E 7th St, Long Beach, CA
0.52
Multi-Family Home
$2,035,000
11/05/25
24
17
9,358
1917 E 4th St, Long Beach, CA
0.96
Multi-Family Home
$3,060,000
12/01/25
21
19
10,171
1061 Dawson Ave, Long Beach, CA
0.57
Multi-Family Home
$2,900,000
04/01/26
17
17
6,805
1334 Walnut Ave, Long Beach, CA
0.91
Multi-Family Home
$3,700,000
10/16/25
32
22
14,842
905-915 Cherry Ave, Long Beach, CA
0.72
Multi-Family Home
$4,300,000
10/15/25
28
26
15,328
920 Loma Ave, Long Beach, CA
0.40
Multi-Family Home
$2,150,000
04/28/26
17
9
7,597
1335 Stanley Ave, Long Beach, CA
0.40
Multi-Family Home
$2,030,000
12/19/25
18
10
6,810
1675 Loma Ave #1-7, Long Beach, CA
0.56
Multi-Family Home
$1,925,000
10/10/25
15
14
7,208
2422 E 11th St, Long Beach, CA
0.38
Multi-Family Home
$2,240,000
06/16/25
16
8
5,848

Assigned Schools

These are the assigned schools for 1133 Freeman Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

East Side
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about East Side

At least 241 Trulia users voted on each feature.

  • 95 % Say there are sidewalks

  • 93 % Say it's dog friendly

  • 81 % Say it's walkable to restaurants

  • 74 % Say car is needed

  • 72 % Say it's walkable to grocery stores

  • 65 % Say streets are well-lit

  • 57 % Say there's holiday spirit

  • 54 % Say people would walk alone at night

  • 52 % Say neighbors are friendly

  • 52 % Say yards are well-kept

  • 50 % Say they plan to stay for at least 5 years

  • 49 % Say kids play outside

  • 48 % Say there's wildlife

  • 38 % Say it's quiet

  • 30 % Say parking is easy

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Danata Thomas
    "I like my neighborhood, 8th and redondo is perfect, it’s quiet rarely loud, a lot of dog parents and older folks, random stragglers but nothing scary or unordinary, I’m from LA and this part of Long Beach is kind of the suburbs with streets like 4th 2nd and Redondo that you can walk down and go do social things and go home right around the corner and it’s back to quiet. "
    2
    Flag
  • Trulia User
    "It’s a friendly neighborhood, with lots and lots of store and restaurants nearby. Easy freeway access. Safe, friendly area with plenty of services near by. It’s a safe area o"
    0
    Flag
  • Trulia User
    "There are good schools over here and most people are helpful. Street parking can be a bit much when you go out which is the only downside. The area stays relatively busy during the day but quiet at night."
    2
    Flag
  • Ariah L.
    "Most of the time, the dogs are on leashes and neighbors pick up after their pets. It’s a nice area and most people have different types of dogs. There are also a few dog parks nearby as well."
    0
    Flag
  • Trulia User
    " The neighborhood is safe nice friendly there's lots of friendly people it's fun to travel and go to parks and take my dog for a walk and and go to the store"
    2
    Flag
  • Ariahlea
    "We have different outdoor everts depending on the time of year. It's safe and welcoming. More festive things happen around the holidays."
    0
    Flag
  • Trulia User
    "I have only lived in the traffic circle area for 7 months. It’s a safe and accessible area in Long Beach."
    3
    Flag
  • Trulia User
    "This neighborhood is not clean lot of homelessness and drug use neighbors don’t pick up after themselves and trash every day even after street sweeping"
    3
    Flag
  • Rnichols718
    "My commute is easy. Easy routes in every direction. Access to nearby 405 605 and the 22. Within 10 minutes to each. "
    1
    Flag
  • Jaeana M.
    "fleas and ticks in the grass other dog owners don’t clean the poop up and dogs like to go and smell it"
    4
    Flag
  • Tom G.
    "Great place to live. Easy access to the freeway. Great food and shopping. Best place I have ever lived"
    0
    Flag
  • Saahirk
    "Great place to live. Neighbors are friendly, lots of green space and parking. Pretty quiet. Most people are young families and young professionals."
    1
    Flag
  • Alnoble
    "It is a safe and friendly area. There are two Starbucks within easy walking distance. Super markets, gas stations, nail polars and just about anything you need is only a short walk away."
    1
    Flag
  • Martha_20ramirez
    "People are always walking their dogs and most owners clean up after them. It’s just some of them are off their leashes but they are well behaved "
    1
    Flag
  • Martha_20ramirez
    "Most neighbors keep to themselves but if you greet them they’ll greet you back. There’s always cars parked on the street with their emergency lights on too. "
    2
    Flag
  • Natalie J.
    "Not a fan, parking is awful and 4th Street is really loud. The people are nice enough and I don’t feel unsafe walking around, it’s just a huge hassle to go anywhere after 7:00pm on a weekday or anytime on the weekends. "
    33
    Flag
  • Nathan B.
    "I work in Torrance , so my commute is generally 30-40min each way (sometimes longer). Access to the 405 isn’t bad but with traffic can be a bit annoying. Evening rush hour causes a lot of delays."
    1
    Flag
  • Jonathan G.
    "hi you see people walking all the time they are always with a dog or 2 and they have poop pick up bags just put around on different trees with a disposal near each one so convenient "
    0
    Flag
  • Jeanette S. B.
    "This neighborhood is very nice and quiet. I used to live by Polytechnic and we had a ton of loud neighbors. Blasting music until 4am. Neighbors are very nice. Lots of parks to walk around and enjoy. "
    3
    Flag
  • Martha_20ramirez
    "There’s bus stops near by and most people get around in their cars. A couple of people commute by their bicycles. I get around by my car, most things are within a 10 minute drive. "
    1
    Flag
  • Ingrid O. .
    "I like that everything's waking distance and houses are pretty. the only things I dont like are the commercial areas too close to resendtial areas "
    5
    Flag
  • Milan d. l. R.
    "It’s a mile from the beach, just north of retro room, and in between downtown Long Beach in Belmont shore. There’s a lot of amenities in walking distance like grocery stores, coffee shops, restaurants, bars and a whole slew of other shops."
    7
    Flag
  • John L.
    "There are a lot of homeless people who live in this neighborhood. The police keep close watch over this neighborhood."
    0
    Flag
  • Virginia B.
    "I’m by the beach so you feel a nice breeze. There are also many shopping centers, community events and many eclectic cuisines restaurants. There’s many different cultures and a string acceptance of the LQBTQ community. Also, many dog friendly areas/ restaurants. "
    3
    Flag
  • Gina M.
    "Excellent Neighbors and convenient location we really love it! Close to all shopping and starbucks, vons, all the amenities and the beach is only a bike ride away! 10 mins away, not too mention Belmont Shore and surrounding areas are the best in Long Beach!"
    4
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Homes for sale near 1133 Freeman Ave

Skip to last item
Skip to first item
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. as of 2026-02-09 09:51:42 PST 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

Homes for rent near 1133 Freeman Ave

Skip to last item
  • Results are loading
Skip to first item

Off Market Homes Near 1133 Freeman Ave

Skip to last item
Skip to first item

Explore by feature

1133 Freeman Ave, Long Beach, CA 90804 is a 24 bedroom, 20 bathroom, 10,746 sqft multi-family built in 1971. 1133 Freeman Ave is located in East Side, Long Beach. This property is not currently available for sale. 1133 Freeman Ave was last sold on Dec 2, 2024 for $3,500,000 (6% higher than the asking price of $3,300,000). The current Trulia Estimate for 1133 Freeman Ave is $3,473,000.