1776 Temple, Long Beach, CA 90804
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1776 Temple,Long Beach, CA 90804
$2,485,000
- - Beds
- - Baths
- 6,288 sq. ft.
- Multi-family
- Active
Listed by: erik ransdell
Office: erik michael ransdell, broker714-392-6380
MLS#:PW26094866
Source:CRMLS
Price summary
- Price:$2,485,000
- Price per sq. ft.:$395.2
About this home
We are pleased to present 1776 Temple Avenue, an 8-unit multifamily investment located in the highly desirable Eastside Long Beach submarket. Built in 1987 and configured exclusively as spacious 2-bedroom/2-bathroom units with private balconies, the property offers an investor a rare combination of strong in-place cash flow at a 5.29% cap rate and meaningful rental upside as units turn — with comparable 2BR/2BA market rents in the Zaferia submarket supporting a stabilized cap rate of 6.65%. The property features assigned carport parking, on-site laundry, and additional surface parking that contributes to ancillary income. Positioned just minutes from CSULB, the VA Hospital, the Traffic Circle, and 4th Street Retro Row, 1776 Temple Avenue benefits from one of the deepest and most consistent rental demand pockets in coastal Los Angeles County. This offering presents a compelling opportunity to acquire a stabilized, well-located coastal multifamily asset with a clear path to enhanced returns through organic rent growth and operational optimization....
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Home facts
- Year built:1987
- Listing ID #:PW26094866
- Added:12 day(s) ago
- Updated:May 14, 2026 at 10:26 AM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Convection Oven, Dishwasher, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Refrigerator
- Living area:6,288 sq. ft.
Heating and cooling
- Cooling:Attic Fan
- Heating:Central
Structure and exterior
- Roof:Shingle
- Year built:1987
- Building area:6,288 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Rectangular Lot
- Construction Materials:Concrete
Utilities
- Water:Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$2,485,000
- Price per sq. ft.:$395.2
Features and amenities
- Appliances:Convection Oven, Dishwasher, Electric Range, Freezer
- Amenities:Balcony, Water Heater
Parking
- Total parking spaces:12
- Parking description:12 Carport Space(s), Attached Carport, Carport, Covered
- Carport spaces:12
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