1776 Temple Ave, Long Beach, CA 90804 (MLS # PW26094866)

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PRICE $2,485,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 6,288 sqft
LOT SIZE 6,752 sqft
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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.

DAYS ON MARKET 1 LAST UPDATED 5/4/2026
YEAR BUILT 1987 COMMUNITY 3 - Eastside, Circle Area
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR Attic Fan
AIR CONDITIONING Yes
APPLIANCES Convection Oven, Dishwasher, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Water Heater
AREA 3 - Eastside, Circle Area
CONSTRUCTION Concrete
EXTERIOR Balcony
HEAT Central
INTERIOR Master Downstairs
LOT 6752 sq ft
LOT DESCRIPTION Rectangular Lot
LOT DIMENSIONS 6753
PARKING Attached Carport, Covered, Carport
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
UTILITIES Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
VIEW Yes
VIEW DESCRIPTION City Lights
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Listed with Erik Michael Ransdell, Broker

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