Description

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.

Property details

Year built

1987

Property type

Residential Income

Lot size

6,753 sqft

Location

1776 Temple • Long Beach, CA 90804

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Listed by

Erik Ransdell · Erik Michael Ransdell, Broker

Similar Listings

Recent sales near 1776 Temple

1717 Temple Avenue: Sold $1,850,000 · Jul 2026 · 0.1 mi
T.N.G. Real Estate Consultants | DRE #01366220
Buyer's agent: Mey Ly, T.N.G. Real Estate Consultants | DRE #01970907
1717 Temple Avenue: Sold $1,850,000 · 9 bd · 9 ba · 4,746 sqft · Jul 2026 · 0.1 mi
T.N.G. Real Estate Consultants | DRE #01366220
Buyer's agent: Mey Ly, T.N.G. Real Estate Consultants | DRE #01970907
1519 Temple Avenue: Sold $790,000 · 3 bd · 2 ba · 1,140 sqft · Jul 2026 · 0.2 mi
Compass | DRE #01825463
Buyer's agent: David Montgomery, Montgomery & Associates R.E. | DRE #01836006
2901 E 15th Street: Sold $920,000 · 6 bd · 4 ba · 1,739 sqft · Jul 2026 · 0.2 mi
Keller Williams Beverly Hills | DRE #01824930
Buyer's agent: Victoria Bravo, Eversell Realty | DRE #01084555
2922 E 15th Street: Sold $1,165,000 · Aug 2026 · 0.2 mi
Keller Williams Coastal Prop. | DRE #01396646
Buyer's agent: Jonathan Gallagher, Landmark Realtors, Inc. | DRE #01909989
1509 Stanley 204: Sold $489,025 · 2 bd · 2 ba · 942 sqft · Aug 2026 · 0.3 mi
eXp Realty of California Inc | DRE #01846104
Buyer's agent: Jobie Battle, The Agency | DRE #02151728
2332 E 17th Street 103: Sold $389,000 · 2 bd · 2 ba · 805 sqft · Jul 2026 · 0.3 mi
Coldwell Banker Envision | DRE #02026487
Buyer's agent: Melissa Banuelos, RE/MAX Parkside Real Estate | DRE #02008408
2788 E 14th Street: Sold $668,500 · 2 bd · 1 ba · 734 sqft · Oct 2026 · 0.4 mi
Goza Realty | DRE #02259653
Buyer's agent: Mario Calderon Gonzalez, Goza Realty | DRE #02259653

Closed sales reported in 90804, nearest first, last 12 months. All recent sales in Long Beach →

Residential Income - 1776 Temple, Long Beach, CA