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1776 Temple

Long Beach, CA 90804
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Bed 16

Bed

Bath 16

Bath

SqFt6,753

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,385,000

AD Id : 89244200

MLS Id : PW26094866

Beds : 16

Lot Size : 6,753 Sq. Ft

Year Built : 1987

County : Los Angeles

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Feature Features

  • Interior Features

    Balcony, BedroomOnMainLevel, MainLevelPrimary
    Roof: Shingle
    Appliances: SixBurnerStove, ConvectionOven, Dishwasher, ElectricRange, Freezer, GasCooktop, GasOven, GasRange, Refrigerator, WaterHeater
    Laundry Features: CommonArea
  • Heating & Cooling

    Has Heating: Yes Heating: Central Cooling: AtticFan

  • Building Information

    Year Built: 1987
    Building Area Total: 6288
    Construction Materials: Concrete
    Pool Features: None
    Private Pool: No
    View: CityLights

  • Lot Information

    Main Square Feet: 6753 Lot Size Acres: 0.155 Lot Size Source: Assessor Lot Size Square Feet: 6,753 Lot Description: RectangularLot

  • Listing Price Information

    Listing Price: $2385000
    Original Price: $2485000
    Cash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031, FHA

  • Tax Information

    Parcel Number: 7259031003 Tax Lot: 3

  • Utility Information

    ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
  • Location Information

    Direction: Pacific Coast Hwy & Temple Ave Security Features: SecurityGate,ResidentManager
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
825 Roswell Avenue, Long Beach, CA, 90804 $2,850,000 5 4 -- 0.13 Acre
3822 E 7th Street, Long Beach, CA, 90804 $1,425,000 6 5 -- 5,014 Sq. Ft
3622 E 11th, Long Beach, CA, 90804 $1,595,000 8 7 -- 6,214 Sq. Ft
1137 Junipero Avenue, Long Beach, CA, 90804 $2,400,000 3 3 -- 0.15 Acre
2123 E 7th, Long Beach, CA, 90804 $1,325,000 3 2 -- 6,060 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/06/2026 @ 03:52

MLS: PW26094866 LISTED BY: Erik Ransdell, Erik Michael Ransdell, Broker 714-392-6380 SOURCE: CRMLS

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