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Listed by: Erik Ransdell (714) 392-6380 DRE #02077589 | Erik Michael Ransdell, Broker (714) 392-6380
$2,385,000
Monthly Est:$11,871
16 Beds
16 Baths
6,288sqft
1776 Temple, Long Beach, CA 90804
$2,385,000
$11,871/moEst:
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Apartment
Built in 1987
$-- HOA
6,753 sqft lot
$379/sq.ft
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.
- Houzeo last checked: 0 minutes ago
- Listing updated: August 17, 2026 at 7:36 pm
- Source: California Regional MLS-CA | MLS#: PW26094866
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1987
HOA Fees
-
Finished Area
6,288 sqft
Lot Size
6,753 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26094866
MLS Status
Active
Days on Market
184
Cumulative Days on Market
105
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 16
Bathrooms: 16
Interior
Appliances
Six Burner Stove, Convection Oven, Dishwasher, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Water Heater
Sewer
Public Sewer
Cooling
Attic Fan
Heating
Central
Flooring
Laminate
Interior Features
Balcony, Bedroom On Main Level, Main Level Primary
Construction
Year Built
Year Built: 1987
Home type
Apartment
Roof
Shingle
Construction Materials
Concrete
Utilities & Energy
Electric
Standard
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Fireplace Features
None
Security Features
Security Gate, Resident Manager
Pool Features
None
Parking Features
Attached Carport, Covered, Carport
Laundry Features
Common Area
Other Features
Community Features
Suburban
Lot Features
Rectangular Lot
Price History
| Date | Event | Price |
|---|---|---|
06/09/2026 Source: | Price Decreased | $2,450,000 -1.41% $390/sqft |
05/04/2026 Source: | Listed for Sale | $2,485,000 +4.19% $395/sqft |
05/04/2026 Source: | Price Decreased | $2,385,000 -4.02% $379/sqft |
05/01/2026 Source: | Coming Soon | $2,485,000 $395/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 08:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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