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Listed by: Erik Ransdell DRE #02077589 | Erik Michael Ransdell, Broker (714) 392-6380
$2,485,000
16 Beds
16 Baths
--sqft
1776 Temple, Long Beach, CA 90804
$2,485,000
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Apartment
Built in 1987
$-- HOA
6,753 sqft lot
--/sqft
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 Hospita...
Continue Reading- Houzeo last checked: 41 Minutes ago
- Listing updated: May 5, 2026 at 9:27 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
- sqft
Lot Size
6,753 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26094866
MLS Status
Active
Days on Market
29
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