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 5.36% 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.
6,288 Sq Ft
6,753 Sq Ft Losgröße
wohnung
Integriert 1987
MLS/Listing-ID PW26094866
8 Einheiten
Parking - Carport
Parken – überdacht
Lot - Rectangular Lot
Gemeinschaftsbereich
Balkon
Schlafzimmer im Erdgeschoss
Hauptgeschoss Primär
Laminat
Warmwasserbereiter
Keine Treppen
Parken
Guter Zustand
Sicherheit
Cooling - Attic Fans
Construction - Concrete
Community - Suburban
Konvektionsofen
Geschirrspüler
Elektroherd
Gefrierschrank
Gasherd
Gasofen
Gasherd
Kühlschrank
Public Sewer
Shingle
City Lights View
Parking - Attached Carport
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