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 Dimensione del lotto
appartamento
Costruito in 1987
MLS/ID annuncio PW26094866
8 Unità
City Lights View
Shingle
Parking - Carport
Parcheggio - Copert
Parking - Attached Carport
Lot - Rectangular Lot
Area comune
Livello principale Primario
Camera da letto al piano principale
Balcone
Gamma elettrica
Lavastoviglie
Forno a convezione
Parcheggio
Nessuna scala
Laminato
Sicurezza
Buone condizioni
Cooling - Attic Fans
Construction - Concrete
Community - Suburban
Scaldabagno
Frigorifero
Cucina a gas
Forno a gas
Piano cottura a gas
Freezer
Public Sewer
COSTO MENSILE TOTALE
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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.