For SaleRisky Deal2 days on market
404 E Freeland St
404 E Freeland St, Long Beach, CA 90807, Long Beach, CA 90807
$1,450,000
Estimate®:$1,437,500
Listing Price
404 E Freeland St, Long Beach, CA 90807
Loc: Long Beach, CA
Days Listed
2
Tax Assessed
$1367k
Estimate®
$1438k
Market Rate
Lot Size
9,503 sqft
Rent Estimate
$3,366/mo
Est. Cash Flow base
Type
multi family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Los Cerritos Elementary School
K-5
0.9 mi away
7
Hughes Middle School
6-8
0.8 mi away
3
Jordan High School
9-12
2.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Quadruplex1945Wall Furnace4 Garage spaces2 Days$445
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
0.84%
Total ROI
-22.9%
Cash Flow
$-6,511/mo
DSCR
0.13
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-6,511/mo net cash flow with a 0.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Long Beach, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $1,450,000 | $445 |
| 2019-11-13 | Sold | $1,225,000 | $376 |
| 2019-10-08 | Pending sale | $1,249,000 | $384 |
| 2019-09-16 | Listed for sale | $1,249,000 | $384 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,366,506 |
| 2025 | $18,037.15 | $1,339,713 |
| 2024 | $17,234.61 | $1,313,445 |
| 2023 | $16,946.05 | $1,287,692 |
| 2022 | $15,910.27 | $1,262,444 |
| 2021 | $15,593.99 | $1,237,691 |
| 2020 | $15,553.7 | $1,225,000 |
| 2019 | $15,553.7 | $410,706 |
| 2018 | $5,560.83 | $402,654 |
| 2017 | $5,560.83 | $394,760 |
| 2016 | $5,502.51 | $387,021 |
| 2015 | $5,111.58 | $381,209 |
| 2014 | $4,904.74 | $373,743 |
| 2012 | $0 | $364,761 |
| 2011 | $0 | $357,609 |
| 2010 | $0 | $354,938 |
| 2009 | $0 | $355,782 |
| 2008 | $0 | $348,807 |
| 2007 | $0 | $341,968 |
| 2006 | $0 | $335,264 |
| 2005 | $0 | $335,264 |
| 2004 | $0 | $322,247 |
| 2003 | $0 | $316,342 |
| 2002 | $0 | $300,000 |
| 2000 | $0 | $252,000 |
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