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1776 Temple
For Sale $2,485,000
$2,485,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 6,753 Sq Ft
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,485,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1987 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7259031003 |
| MLS # | PW26094866 |
| Property ID | 322811226 |
| Lot Sqft | 6,753 |
| Zoning | Unknown |
| Total Units | 8 |
| Days on Market | 12 |
| Original List Price | $2,485,000 |
| Applicances | 6 Burner Stove,Convection Oven,Dishwasher,Electric Range,Freezer,Gas Cooktop,Gas Oven,Gas Range,Refrigerator,Water Heater% |
| Date Updated | May 05, 2026 |
| Date Created | April 24, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $17,085 | $0 |
| Net Income (Yr) | $ 131,409 |
| Cap Rate | 5.29% |
Listing Provided By
Erik Ransdell an agent of . Lic #02077589
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 05, 2026 The 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.
Robert Crawford
REAL ESTATE AGENT