1776 Temple, Long Beach, CA 90804
- 6,288 sqft
Rental 
Built in 1987 
6,752sqft lot
—— car garage 
$395/sqft 
Listed 26 days ago
Property 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.
- Listing Status:
- Active
- Date Added:
- May 4, 2026
- Data Last Updated:
- May 20, 2026 at 7:16AM
- Listing Office:
- Erik Michael Ransdell, Broker : 714-392-6380
- Listing Agent:
- Erik Ransdell : 714-392-6380
- MLS ID:
- PW26094866
- General: None
- Pool: None
- Parking: Attached CarportCoveredCarportParking spaces: 12
- Roofing: Shingle
- General: Concrete2
- Road/Access: City Street
- Originating MLS: CRMLS_CRM
- County: Los Angeles
- Zoning: 7259031003
- View: City LightsView
- Fencing: Good ConditionSecurity
- Utilities: Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater ConnectedStandard
- Sewer: Public Sewer
- Source: CRMLS_CRM
This listing courtesy of Erik Ransdell , Erik Michael Ransdell, Broker
