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1215 Temple Avenue, Long Beach, CA 90804

Property

1215 Temple Avenue, Long Beach, CA 90804 Sold October 2024 CRMLS
$1,825,000Sold October 2024

Listing Agent: Robert Stepp (DRE #01456379) · Listing Office: Keller Williams - Santa Monica · Contact: 310-463-2916 · Bought with: Jonathan Swire · The Agency · MLS #PW23165957 · Source: CRMLS

6,995 sqft
Lot Size
1984
Year Built
Property
Type
5
Garage

About this property

1215 Temple Avenue is a 7-unit apartment asset in Long Beach, California. The property is offered at 11.17 GRM and 6.00% cap rate on current rents. The property is comprised of one 4BD / 3BA townhouse-style unit; two 2BD / 2BA units; two 1BD / 1BA units; two studios. Studio units feature private yards. Six of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled units offer in-unit washers and dryers. There are five garages and one surface parking spot. The garages offer the opportunity for ADU conversion to capture additional rental income.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$1,825,000
Sold October 2024 · orig. $2,200,000, on market September 2023 · MLS #PW23165957 · Source: CRMLS
Listing Agent: Robert Stepp · Listing Office: Keller Williams - Santa Monica · Contact: 310-463-2916 · Bought with: Jonathan Swire · The Agency
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