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For sale
    • Listed by: Erik Michael Ransdell, Broker • Erik Ransdell • Contact: 714-392-6380
    Price cut: $35K (6/9)
    $2,450,000

    1776 Temple Ave, Long Beach, CA 90804

    16beds
    16baths
    6,288sqft
    : 
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    Multi Family
    Built in 1987
    -- sqft lot
    $2,330,800 Zestimate®
    $390/sqft
    $-- HOA

    What's special

    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 5.36% 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.
    71 days
    |
    40
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Erik Ransdell DRE #02077589 714-392-6380,

    Erik Michael Ransdell, Broker

    Source: CRMLS,MLS#: PW26094866MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 16
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Features: Main Level Primary
      Bedroom
      • Features: Bedroom on Main Level
      Heating
      • Central
      Cooling
      • Attic Fan
      Appliances
      • Included: 6 Burner Stove, Convection Oven, Dishwasher, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Water Heater
      • Laundry: Common Area
      Features
      • Balcony, Bedroom on Main Level, Main Level Primary
      • Flooring: Laminate
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 6,288
      • Total interior livable area: 6,288 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: Attached Carport, Covered, Carport
      • Carport spaces: 12
      Accessibility
      • Accessibility features: No Stairs, Parking
      Features
      • Entry location: Street access
      • Pool features: None
      • Spa features: None
      • Fencing: Good Condition,Security
      • Has view: Yes
      • View description: City Lights
      Lot
      • Size: 6,753 Square Feet
      • Features: Rectangular Lot
      Details
      • Parcel number: 7259031003
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Concrete
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1987

      Utilities & green energy

      • Electric: Standard
      • Sewer: Public Sewer
      • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

      Community & HOA

      Community
      • Features: Suburban
      • Security: Security Gate, Resident Manager
      Location
      • Region: Long Beach

      Financial & listing details

      • Price per square foot: $390/sqft
      • Date on market: 5/4/2026
      • Cumulative days on market: 71 days
      • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,FHA
      • Total actual rent: 17085
      • Road surface type: Paved

        Estimated market value

        $2,330,800

        $2.21M - $2.45M

        $3,067/mo

        Price history

        DateEventPrice
        6/9/2026Price change$2,450,000-1.4%$390/sqft
        Source: CRMLS #PW26094866 Report a problem
        5/4/2026Listed for sale$2,485,000$395/sqft
        Source: CRMLS #PW26094866 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Zaferia

        Getting around

        85 / 100
        Very Walkable
        42 / 100
        Some Transit
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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