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1776 Temple

long beach, CA 90804

$2,485,000

    Interested? Let's Connect

    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.

    Details

    6,288 Sq Ft

    6,753 Sq Ft Lot Size

    apartment

    Built in 1987

    MLS/Listing ID PW26094866

    8 Units

    Amenities & Features

    Public Sewer

    Dishwasher

    Convection Oven

    Community - Suburban

    Construction - Concrete

    Cooling - Attic Fans

    Electric Range

    Freezer

    Gas Cooktop

    Gas Oven

    Gas Range

    Refrigerator

    Water Heater

    No Stairs

    Parking

    Shingle

    City Lights View

    Parking - Attached Carport

    Parking - Carport

    Parking - Covered

    Lot - Rectangular Lot

    Common Area

    Balcony

    Bedroomon Main Level

    Main Level Primary

    Laminate

    Good Condition

    Security

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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