For Sale
$2,385,000
1776 Temple
Long Beach, CA 90804
- 6,753 sq ft lot
- Built 1987
Listed by: Erik Michael Ransdell, Broker · 714-392-6380
About this home
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 5.56% 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 6.98%. 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.
Home details
Interior
- Flooring
- Laminate
- Appliances
- 6 Burner Stove, Convection Oven, Gas Cooktop, Water Heater, Refrigerator, Freezer, Gas Oven, Dishwasher, Gas & Electric Range
- Interior features
- Balcony, Attic Fan
- Laundry
- Common Area
- Fireplace
- None
- Heating
- Central
Exterior & lot
- Lot size
- 6,753 sq ft (0.16 acres)
- Lot features
- Lot 6500-9999, Rectangular Lot
- View
- City Lights
- Pool
- None
- Garage spaces
- 0
- Parking
- Covered, Carport, Attached Carport
- Common walls
- 2+ Common Walls
- Security
- Resident Manager, Automatic Gate
Property & community
- Property type
- Apartment
- Year built
- 1987
- Community
- Suburban
- County
- Los Angeles
- MLS #
- PW26094866
- Listed
- May 4, 2026
Location
Listed by: Erik Michael Ransdell, Broker · 714-392-6380
Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.
Listing data last updated Oct 16, 2026 3:30 am.
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Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.