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 5.56% 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 6.98%. 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 Lot Size
apartment
Built in 1987
MLS/Listing ID PW26094866
8 Units
City Lights View
Shingle
Parking - Carport
Parking - Covered
Parking - Attached Carport
Lot - Rectangular Lot
Common Area
Main Level Primary
Bedroomon Main Level
Balcony
Electric Range
Dishwasher
Convection Oven
Parking
No Stairs
Laminate
Security
Good Condition
Cooling - Attic Fans
Construction - Concrete
Community - Suburban
Water Heater
Refrigerator
Gas Range
Gas Oven
Gas Cooktop
Freezer
Public Sewer
TOTAL MONTHLY COST
US$0
US$0
US$0
Based on information from California Regional Multiple Listing Service, Inc. 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.