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.
6,288 Sq Ft
6,753 Sq Ft Tamanho do lote
apartamento
Construído em 1987
MLS/ID do anúncio PW26094866
8 Unidades
Public Sewer
Máquina de lavar louça
Forno de convecção
Community - Suburban
Construction - Concrete
Cooling - Attic Fans
Gama elétrica
Freezer
Fogão a gás
Forno a gás
Fogão a gás
Frigorífico
Aquecedor de água
Sem escadas
Estacionamento
Shingle
City Lights View
Parking - Attached Carport
Parking - Carport
Estacionamento - Coberto
Lot - Rectangular Lot
Área comum
Varanda
Quarto no piso principal
Nível principal Primário
Laminado
Bom estado
Segurança
CUSTO MENSAL TOTAL
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