1776 Temple, Long Beach, California 90804

  • $2,385,000
  • $2,450,000
1776 Temple, Long Beach, California 90804
Active
1776 Temple, Long Beach, California 90804
1776 Temple, Long Beach, California 90804
  • $2,385,000
  • $2,450,000

Description

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.

  • Address 1776 Temple, Long Beach, California 90804
  • City Long Beach
  • State/county CA
  • Zip/Postal Code 90804
  • Country US

Details

Updated on August 17, 2026 at 7:36 pm
  • Property ID: PW26094866
  • Price: $2,385,000
  • Property Size: 6288 Sqft
  • Land Area: 0.155 Acres
  • Year Built: 1987
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA
  • Roof: Shingle
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sewer: Public Sewer
  • Cooling: Attic Fan
  • Heating: Central
  • Flooring: Laminate
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: Attached Carport, Covered, Carport
  • Community Features: Suburban

Contact Information

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