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Sold on 11/30/2010
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1375 Temple Ave, Long Beach, CA 90804

$1,060,000

Last sold 11/30/2010 after 63 Days

  • —

    bed

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    bath

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About 1375 Temple Ave

Property type Multi-family
Neighborhood
Year built 1986
HOA fee $0/month
Lot size 6,499 Sqft
Rental estimate
Property description
This is a wonderful investment opportunity. Great mix of all 2br/2ba units (four have cathedral ceilings) with ample parking and onsite laundry located in a high demand area of Long Beach. The railings and stairs have been upgraded along with some of the units. Copper plumbing throughout along with separate water heaters for each unit. Most units are Section 8 tenants which helps buffer against vacancies and rent decline which helps stabalize your return on investment. The Seller may carry an interest only note with as little as 25% down for 3-5 years other terms and conditions of the loan are subject to Buyer's qualification.
Listed by
Listing Agent - Christopher Kensinger
Listing Office - Keller Williams Coastal Prop.
Source: CRMLS mls logo
MLS#P754207 • last updated 15 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style See Remarks
Type Residential Income
Status Closed
Lot Size (Acres) 0.15
Lot Size (SqFt) 6499
Tax Area 11933
Year Built 1986
Condition Repairs Cosmetic
Interior
Appliances Water Heater
Exterior
Construction Stucco, Wood Siding
Building Area 5814
# Parking Spaces 12
Amenities / Utilities
Sewer/ Septic Sewer Paid
Water Source Public
Location
County Los Angeles
Subdivision Other, Other (OTHR)
Directions Take Anaheim St. To Temple Ave.. Go North On Temple Ave. And The Building Is On Your Left Hand Side.
APN 7260026015
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 3685
Operating Expense 40008
Cap Rate 7.23
Expense: Insurance 3100
Expense: Water/ Sewer 3800
Gross Income 10237
Expense: Electric 500
Gross Multiplier 8.91
Gross Scheduled Income 122844
Expense: Gardener 900
Lot/ Land Details
Rental est.: $1,475/month
Gross rent multiplier: 59.9
  • Dec 2010
    mls logo MLS # P754207
  • Dec 3, 2010 Sold
    $1,060,000
  • Sep 28, 2010 Listed
    $1,095,000
  • Nov 2010
    Public Records
  • Nov 30, 2010 Sold
    $1,060,000 (-3.2%)
  • Year Property taxes Tax assessment
  • 2024
    $18,134 +1.8%
    $1,333,911
  • 2023
    $17,821 +6.4%
    $1,333,911 +2.0%
  • 2022
    $16,745 +2.2%
    $1,307,806 +4.03%
  • 2021
    $16,384 +0.3%
    $1,257,122
  • 2020
    $16,341
    $1,257,122
  • 1375 Temple Ave
    $1.06M
  • Zaferia
    $415K +24% y/y
  • 90804
    $449K -1% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lee Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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