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1776 Temple, Long Beach, CA 90804

  • $2,485,000

  • bed

  • bath

Multi-family for sale 8 days
Movoto is helping 68 homebuyers near you

About 1776 Temple

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 6,753 Sqft
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - Erik Ransdell
Listing Agent Contact: 714-392-6380
Listing Office - Erik Michael Ransdell, Broker
Source: CRMLS mls logo
MLS#PW26094866 • last updated 5 days ago
Movoto checked CRMLS for data 4 minutes ago
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Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.155
Lot Size (SqFt) 6753
Year Built 1987
Interior
Laundry Common Area
Flooring Laminate
Appliances 6 Burner Stove, Convection Oven, Gas Cooktop, Water Heater, Refrigerator, Freezer, Gas Oven, Dishwasher, Gas & Electric Range
Interior Features Balcony, Attic Fan
Accessibility Features No Interior Steps, Parking
Exterior
Construction Concrete
Building Area Square Feet, 6288
Roof Shingle
Parking Covered, Carport, Attached Carport
# Carport Spaces 12
# Parking Spaces 12
Lot Description Lot 6500-9999, Rectangular Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Electric Standard
Spa None
Pool None
Location
View City Lights
County Los Angeles
Community Features Suburban
Directions Pacific Coast Hwy & Temple Ave
APN 7259031003
Multifamily Details
Vacancy Allowance 6151
Expense: Trash 3425
Laundry Income 1275
Operating Expense 42515
Cap Rate 5.29
Expense: Insurance 6150
Total Expenses 72335
Expense: Maintenance 22365
Expense: Water/ Sewer 3425
Gross Income 209895
Expense: Electric 2350
Gross Scheduled Income 209895
Expense: Fuel 4800
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around Zaferia

Explore everything this neighborhood has to offer. Learn more about Zaferia.
74/100
Walk
82/100
Family
91/100
Dining
97/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Long Beach
  • 90804
  • Zaferia
  • 1776 Temple

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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