Home | Los Angeles County | Long Beach | 90804 | 1776 Temple
MLS: CRPW26094866 | Status: | Price: $2,485,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,753 | 1987 |
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.
| Field | Value |
|---|---|
| MLS # | CRPW26094866 |
| MLS Source | California Regional MLS |
| Days on Site | 9 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Freezer, Other, Oven - Gas, Oven Range - Gas |
| Flooring | Laminate |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Covered Parking, Garage: 0 Car(s) |
Erik Ransdell
Erik Michael Ransdell, Broker
License #: 02077589
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Lee Elementary School | public | K-5 | 0.13 mi | 6 |
| Richard D. Browning High | public | 9-12 | 0.56 mi | 5 |
| Jessie Nelson Academy | public | 6-8 | 0.65 mi | 3 |
| Willard Elementary School | public | K-5 | 0.70 mi | 3 |
| Whittier Elementary School | public | K-5 | 0.80 mi | 5 |
| Bryant Elementary School | public | K-5 | 0.87 mi | 6 |
| Alvarado Elementary School | public | K-5 | 0.93 mi | 9 |
| Robinson Academy | public | K-8 | 0.93 mi | 5 |
| Signal Hill Elementary School | public | K-5 | 1.02 mi | 8 |
| Jefferson Leadership Academies School | public | 6-8 | 1.08 mi | 7 |
| Burbank Elementary School | public | K-5 | 1.19 mi | 7 |
| Lincoln Elementary School | public | K-5 | 1.20 mi | 7 |
| Long Beach School For Adults | public | UG | 1.21 mi | N/A |
| Long Beach Unified School District Rop | public | 10-12 | 1.22 mi | N/A |
| Wilson High School | public | 9-12 | 1.33 mi | 6 |
| Polytechnic High School | public | 9-12 | 1.43 mi | 7 |
| Fremont Elementary School | public | K-5 | 1.50 mi | 8 |
| Franklin Classical Middle School | public | 6-8 | 1.54 mi | 4 |
| Roosevelt Elementary School | public | K-5 | 1.57 mi | 5 |
| Mann Elementary School | public | K-5 | 1.57 mi | 7 |
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This listing information is up-to-date as of May 05, 2026. For the most current information, please contact Erik Ransdell.