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1776 Temple , Long Beach, CA 90804
$2,450,000
Est. Payment: $12,328.01/mo
16 Bed
16 Bath
6288 Sqft
Status: active | Days on site: 95
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Chris Heller
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House 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 5.36% 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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Highlights

Listed by Erik Ransdell , 714-392-6380 Erik Michael Ransdell, Broker , 714-392-6380. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.16

Year Built

1987

County

Los Angeles

Area

3 - Eastside, Circle Area

Listing ID

PW26094866

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:16
  • ▪ Bathrooms:16
  • ▪ Full Bathrooms:
Appliances:6 Burner Stove, Convection Oven, Dishwasher, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Water Heater
Air Cond:Attic Fan
Fireplaces:
Floor:Laminate
Other:Balcony,Bedroom on Main Level,Main Level Primary

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:12
Roof:Shingle
Others:Concrete,2+ Total Units
Sewer:Public Sewer
Parking Features:Attached Carport,Covered,Carport
Principal Interest
$12,328
Taxes
$1,562

Home Price

$2,450,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$490,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,328.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,328.01 $1,561.88 $0.00 $13,889.89
Yearly $147,936.15 $18,742.50 $0.00 $166,678.65
Total $4,438,084.56 $562,275.00 $0.00 $5,000,359.56

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-09T00:36:01.000Z

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