Active

1776 Temple

Long Beach, CA 90804
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Bed 0

Bed

Bath 0

Bath

SqFt6,288

Sqft

SqFt6,753

Sqft(Lot)

****Seller Financing Available**** 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 th e 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 : Residential Income

Price : $2,485,000

AD Id : 77881851

MLS Id : PW26094866

Lot Size : 6,753 Sqft

Living Area Size : 6,288

Year Built : 1987

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Sewer: Public Sewer
  • Interior Features

    Roof: Shingle Interior Features: Balcony,Bedroom on Main Level,Main Level Primary Property Appliances: 6 Burner Stove,Convection Oven,Dishwasher,Electric Range,Freezer,Gas Cooktop,Gas Oven,Gas Range,Refrigerator,Water Heater Fireplace: None Flooring: Laminate
  • Cooling Features

    Attic Fan

    Heating Source

    Central Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1987 Building Area Total: 6,288 Construction: Concrete Roof: Shingle
  • Security Features

    Security Gate,Resident Manager
  • Accessibility Features

    No Stairs,Parking

    Pool Features

    None

    Laundry Features

    Common Area

    Fencing

    Good Condition,Security

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.155
  • Lot Size Source: Assessor Lot Size Square Feet: 6753

  • Listing Price Information

    Original List Price: 2,485,000 Listing Contract Date: 2026-04-24
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7259031003

  • Garage and Parking

    Garage Description: Attached Carport,Covered,Carport

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 3 - Eastside, Circle Area Directions: Pacific Coast Hwy & Temple Ave Source Property Type: Residential Income Area: 3 - Eastside, Circle Area Property SubType: Apartment
  • Building and Construction

    Property Age: 39 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: Street access Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
730 Santiago Avenue, Long Beach, CA, 90804 $2,319,000 5 5 5,009 5,009 SqFt
1350 Quincy Avenue, Long Beach, CA, 90804 $1,030,000 3 1 1,218 1,218 SqFt
4375 E 14th Street, Long Beach, CA, 90804 $1,300,000 5 2 2,648 2,648 SqFt
4375 E 14th Street, Long Beach, CA, 90804 $1,300,000 6 -- 2,648 2,648 SqFt
1203 Ximeno, Long Beach, CA, 90804 $2,745,000 -- -- 5,700 5,700 SqFt
3745 E Ransom Street, Long Beach, CA, 90804 $999,999 2 1 1,029 1,029 SqFt
3745 E Ransom Street, Long Beach, CA, 90804 $999,999 -- -- 1,029 1,029 SqFt
3641 E Esther, Long Beach, CA, 90804 $1,300,000 3 2 1,772 1,772 SqFt
924 Termino Avenue, Long Beach, CA, 90804 $2,195,000 -- -- 3,400 3,400 SqFt
3645 E 17th Street, Long Beach, CA, 90804 $799,000 3 1 1,178 1,178 SqFt

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ByOwner last updated this listing 06/07/2026 @ 10:38

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

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