1215 Temple Avenue Long Beach, CA ^$ 1,825,000

1215 Temple Avenue

^$ 1,825,000

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1215 Temple Avenue

Long Beach, CA, 90804

^$ 1,825,000

Bedrooms10 Baths7.0 Sq 4,712

Monthly Estimate*

^$ 10,930

Listed by Keller Williams - Santa Monica

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Multi-Family Home for sale in Long Beach, CA

for $1,825,000 with 10 bedrooms and 7 full baths. This 4,712 square foot home was built in 1984 on a lot size of 0.1606.

1215 Temple Avenue is a 7-unit apartment asset in Long Beach, California. The property is offered at 11.17 GRM and 6.00% cap rate on current rents. The property is comprised of one 4BD / 3BA townhouse-style unit; two 2BD / 2BA units; two 1BD / 1BA units; two studios. Studio units feature private yards. Six of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are five garages and one surface parking spot. The garages offer the opportunity for ADU conversion to capture additional rental income.

Multi-Family Active

Price

^$ 1,825,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1606

Year Built

1984

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW23165957

Days on Market

383

Features

General

Sewer PublicSewer

Zoning LBR2N

Garage Spaces 5.0

Pool Features None

Year Built 1984

Property SubType MixedUse

Gross Income 164531.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 113715.0

Operating Expense 50817.0

Insurance Expense 4700.0

New Construction N

Property Type ResidentialIncome

Home Owner Assoc N

Attached Garage N

Subdivision Name Eastside (ES)

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions E Anaheim St & Obispo Ave

City Long Beach

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 1.0

NumberOfUnitsTotal 7

MLS Area 3 - Eastside Circle Area

Lot Size Units SquareFeet

Lot Size Square Feet 6995.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Terms Cash CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 342.0

Home Warranty Y/N N

Fuel Expense 998.0

Trash Expense 0.0

Water Sewer Expense 1952.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 360

Building Area Units SquareFeet

Standard Status Active

Year Built Source Other

Tax Lot 16

Property Sub Type Additional MixedUse

Taxes 24698.0

Cap Rate 5.96

Exterior

Lot Features Item610UnitsAcre

Water Source Public

Total Parking 6.0

Lot Size Area 6995.0

Number of Buildings 1

Spa N

Building Area Total 4712.0

Lot Size Acres 0.1606

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 7

Number of Separate Electric Meters 7

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1215

* Excluded Features

List By

Keller Williams - Santa Monica

Broker

(310) 774-3740

Phone

Affordability Calculator

$10,930

Per Month

Monthly Principal & Interest: $10,930
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,892,117

Percent of Sale Price 4%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/10/2024	$1,825,000	-5.19%	Price Down
5/17/2024	$1,925,000	-1.28%	Price Down
3/28/2024	$1,950,000	-2.26%	Price Down
2/16/2024	$1,995,000	-2.68%	Price Down
11/7/2023	$2,050,000	-6.82%	Price Down
9/6/2023	$2,200,000		Listed Price

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1215 Temple Avenue, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,825,000 with 4,712 sqft and a lot size of 0.1606. 1215 Temple Avenue has 10 bedrooms, 7.0 baths, and was built in 1984. The property's zip code is 90804 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/22/2024. 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.

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1215 Temple Avenue

Multi-Family Home for sale in Long Beach, CA

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