724 Temple Long Beach, CA $ 1,365,000
724 Temple
$ 1,365,000
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724 Temple

Long Beach, CA, 90804
$ 1,365,000
Bedrooms-- Baths1.0 Sq 2,916

Monthly Estimate*

$ 9,428

Listed by Robert Stepp, Keller Williams Realty Downey, rstepp@steppcommercial.com
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Multi-Family Home for sale in Long Beach, CA

for $1,365,000 with 1 full bath. This 2,916 square foot home was built in 1952 on a lot size of 0.1408.

724 Temple Avenue is a six-unit apartment building located in the desirable Rose Park neighborhood of Long Beach. The property features five one-bedroom units and one two-bedroom/one-bathroom unit. Built in 1952, this single-story apartment building sits on an approximately 6,132-square-foot lot and offers seven on-site parking spaces, on-site laundry, and numerous capital improvements. Recent improvements include an updated electrical panel, copper plumbing, a new water heater, vinyl plank flooring throughout all units, and fresh exterior paint. The property's location in Rose Park offers residents convenient access to Long Beach's established residential neighborhoods, local restaurants, cafés, neighborhood retail, and everyday amenities. Situated near the East 4th Street corridor, residents can enjoy the area's popular dining and shopping destinations while benefiting from convenient access to Downtown Long Beach, California State University, Long Beach, and the coastal amenities that make the city an attractive place to live. The surrounding area combines neighborhood charm with urban convenience, supporting demand from renters seeking an accessible Long Beach location. With its functional unit mix, seven on-site parking spaces, on-site laundry, recent capital improvements, and potential for rental growth, 724 Temple Avenue presents an attractive opportunity for investors seeking a multifamily asset in an established Long Beach neighborhood. Note: The property is not located within the Rose Park Historic District.

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Multi-Family Active

Price

$ 1,365,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1408

Year Built

1952

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26228215

Days on Market

2

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1952
Property Subtype Mixed Use
Gross Income 125456
Community Features Sidewalks
County Los Angeles
Net Operating Income 83098
Operating Expense 42358
Insurance Expense 5500
New Construction false
Property Type Residential Income
MaintenanceExpense 3600
Subdivision Name Rose Park
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions E 7th St
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 7
Number Of Units Total 6
MLS Area 7 - North Long Beach
Lot Size Units Square Feet
Lot Size Square Feet 6132
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 938
Fuel Expense 938
Trash Expense 938
Water Sewer Expense 938
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Mixed Use
Taxes 18640
Cap Rate 6.09
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Interior
Total Stories 1
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 7
Lot Size Area 6132
Number of Buildings 1
Building Area Total 2916
Lot Size Acres 0.1408
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Robert Stepp

Listing Agent

Keller Williams Realty Downey

Broker

rstepp@steppcommercial.com

Email

Affordability Calculator

$9,428
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,428
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
10/21/2026$1,365,000 Listed Price

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724 Temple, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,365,000 with 2,916 sqft and a lot size of 0.1408. 724 Temple has 1.0 baths and was built in 1952. The property's zip code is 90804 which is in Long Beach, CA