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1776 Temple Long Beach, CA $ 2,485,000
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1776 Temple
$ 2,485,000
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1776 Temple

Long Beach, CA, 90804
$ 2,485,000
Baths2.0 Sq 6,288

Monthly Estimate*

$ 15,301

Listed by Erik Michael Ransdell, Broker
​
Studio

Multi-Family Home for sale in Long Beach, CA

for $2,485,000 with 2 full baths. This 6,288 square foot home was built in 1987 on a lot size of 0.155.

Strands Realty Group is 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.

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Multi-Family Coming Soon

Price

$ 2,485,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.155

Year Built

1987

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26094866

Days on Market

9
Features
General
Sewer Public Sewer
Heating Central
Cooling Attic Fan
Utilities Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Available Sewer Connected Water Available Water Connected
Roof Shingle
Appliances 6 Burner Stove Convection Oven Dishwasher Electric Range Freezer Gas Cooktop Gas Oven Gas Range Refrigerator Water Heater
Garage Spaces 0
Pool Features None
Security Features Security Gate Resident Manager
Construction Materials Concrete
Year Built 1987
Electric Standard
View City Lights
Property Subtype Apartment
Gross Income 209895
Community Features Suburban
Accessibility No Stairs Parking
County Los Angeles
Net Operating Income 131409
Operating Expense 42515
Insurance Expense 6150
New Construction false
Property Type Residential Income
MaintenanceExpense 22365
Garage Y/N false
Special Listing Conditions Standard
Status Coming Soon
Directions Pacific Coast Hwy & Temple Ave
City Long Beach
Entry Location Street access
Senior Community Y/N false
Number Of Units Total 8
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 6753
Carport Spaces 12
Carport Y/N true
Number of Units Leased 8
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange FHA
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 2350
Fuel Expense 4800
Trash Expense 3425
Water Sewer Expense 3425
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Coming Soon
Year Built Source Public Records
Tax Lot 3
Total Actual Rent 17085
Property Sub Type Additional Apartment
Expected Active Date 2026-05-04
Taxes 29820
Cap Rate 5.29
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Interior
Interior Amenities Balcony Bedroom on Main Level Main Level Primary
Flooring Laminate
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Good Condition Security
Parking Features Attached Carport Covered Carport
Lot Features Rectangular Lot
Total Parking 12
Lot Size Area 6753
Number of Buildings 1
Spa false
Building Area Total 6288
Lot Size Acres 0.155
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Road Frontage Type City Street
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* Excluded Features
List By
Erik Michael Ransdell, Broker

Broker

erik.ransdell@strandsrealtygroup.com

Email

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$15,301
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Monthly Principal & Interest
$15,301
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/1/2026$2,485,000 Listed Price

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1776 Temple, Long Beach, CA, 90804 is a Multi-Family Home for sale at $2,485,000 with 6,288 sqft and a lot size of 0.155. 1776 Temple is a studio with 2.0 baths and was built in 1987. The property's zip code is 90804 which is in Long Beach, CA

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