1776 Temple, Long Beach, CA — listing photo 1
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FOR SALE

1776 Temple

Long Beach, CA 90804
6,753 Lot Sq Ft
Built 1987
$2,385,000
Price ReducedWas $2,485,000 — $2,385,000 (-$100,000)

Property Overview

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.

Home Details

Property type
Residential Income - Apartment
Year built
1987
Lot size
6,753 sq ft
Parking
12 spaces
Carport
12 spaces
Stories
2
Days on market
105
MLS status
Active

Features & Amenities

Interior

  • Balcony
  • Bedroom On Main Level
  • Main Level Primary

Appliances

  • Six Burner Stove
  • Convection Oven
  • Dishwasher
  • Electric Range
  • Freezer
  • Gas Cooktop
  • Gas Oven
  • Gas Range
  • Refrigerator
  • Water Heater

Parking

  • Attached Carport
  • Covered
  • Carport

Pool

  • None

Lot

  • Rectangular Lot

Security

  • Security Gate
  • Resident Manager

Community, Schools & Utilities

Community

View
CityLights

Utilities

Heating
Central
Cooling
AtticFan
Electric
Standard
Sewer
PublicSewer
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Location & Neighborhood

1776 Temple

Long Beach, CA 90804

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Frequently Asked Questions About 1776 Temple

Property type: Residential Income

The current asking price is $2,385,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1776 Temple. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1987. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 105 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Erik Ransdell
MLS ID: PWRANSERI

Available property

$2,385,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.