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1776 Temple , Long Beach, CA 90804
$2,450,000
Est. Payment: $12,328.01/mo
8 Bed
8 Bath
0 Sqft
Status: active | Days on site: 105
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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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. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.16

County

Los Angeles

Listing ID

PW26094866

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:8
  • ▪ Full Bathrooms:

Exterior Features

Zoning:Public Rec
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.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-08T22:20:38.000Z

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