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1776 TempleLong Beach, CA 90804

Los Angeles County

$2,385,000List price
6,288Sq Ft
1987Year built
0.15Acre lot
2Stories
4 months agoOn market

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.

Property Information

Property type
Residential Income
Sub-type
Apartment
Year built
1987
Stories
2
Building area
6,288 Sq Ft
Lot size
0.15 acres
Parking spaces
12
Days on market
144
MLS® Listing#
PW26094866

Property Features

Interior
Master Downstairs
Exterior
Balcony
Appliances
Convection Oven · Dishwasher · Electric Range · Freezer · Gas Cooktop · Gas Oven · Gas Range · Refrigerator · Water Heater
Cooling
Attic Fan
Heating
Central
Flooring
Laminate
Fireplace
None
Pool
None
Parking
Attached Carport · Covered · Carport
Laundry
Common Area
Fencing
Security
Lot features
Rectangular Lot
Construction
Concrete
Roof
Shingle
Security
Security Gate
Community
Suburban
Utilities
Electricity Available · Electricity Connected · Natural Gas Available · Natural Gas Connected · Sewer Available · Sewer Connected · Water Available · Water Connected
Sewer
Public Sewer
Parcel number
7259031003

Directions

Pacific Coast Hwy & Temple Ave

Listing Courtesy: Erik Michael Ransdell, Broker - 714-392-6380

Presented by: Erik Ransdell

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-24 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.

Licensed in the state of California.

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