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 Tamanho do lote
apartamento
Construído em 1987
MLS/ID do anúncio PW26094866
8 Unidades
City Lights View
Shingle
Parking - Carport
Estacionamento - Coberto
Parking - Attached Carport
Lot - Rectangular Lot
Área comum
Nível principal Primário
Quarto no piso principal
Varanda
Gama elétrica
Máquina de lavar louça
Forno de convecção
Estacionamento
Sem escadas
Laminado
Segurança
Bom estado
Cooling - Attic Fans
Construction - Concrete
Community - Suburban
Aquecedor de água
Frigorífico
Fogão a gás
Forno a gás
Fogão a gás
Freezer
Public Sewer
CUSTO MENSAL TOTAL
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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.