Seller's Agent in 2024
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
4 in this area
81 Total Sales
1215 Temple Ave Long Beach, CA 90804
Rose Park NeighborhoodEstimated Value: $1,732,000 - $1,881,594
7
Beds
7
Baths
4,712
Sq Ft
$383/Sq Ft
Est. Value
About This Home
As of October 20241215 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.
Last Agent to Sell the Property
Keller Williams Realty Downey Brokerage Phone: 310-463-2916 License #01456379 Listed on: 09/05/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 6,995 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 1 Open Parking Space
- 5 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,712 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 3382
- Assessor Parcel Number 7260027015
- $1,302 per year additional tax assessments
Community Details
Overview
- 7 Units
- Eastside Subdivision
Building Details
- Rent Control
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $342
- Fuel Expense $998
- Gardener Expense $1,200
- Insurance Expense $4,700
- Maintenance Expense $4,900
- Other Expense $2,100
- Pest Control $900
- Professional Management Expense $8,227
- Water Sewer Expense $1,952
- New Taxes Expense $24,698
- Operating Expense $50,817
- Gross Income $164,531
- Net Operating Income $113,715
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Jan 10, 2025
Sold by
Bought by
Purchase Details
Listed on
Sep 5, 2023
Closed on
Nov 22, 2024
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
List Price
$2,200,000
Sold Price
$1,825,000
Premium/Discount to List
-$375,000
-17.05%
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.62%
Purchase Details
Listed on
Sep 5, 2023
Closed on
Aug 23, 2024
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
List Price
$2,200,000
Sold Price
$1,825,000
Premium/Discount to List
-$375,000
-17.05%
Views
61
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2018
Sold by
Bought by
Purchase Details
Closed on
Feb 19, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 28, 1998
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| $1,825,000 | Chicago Title Company | ||
| $1,400,000 | Lawyers Title | ||
| $675,000 | Commerce | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,000,000 | ||
| Previous Owner | $416,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $1,825,000 | 0.0% | $387 / Sq Ft |
| 09/25/2024 09/25/24 | Pending | -- | -- | -- |
| 06/10/2024 06/10/24 | Price Changed | $1,825,000 | -5.2% | $387 / Sq Ft |
| 05/17/2024 05/17/24 | Price Changed | $1,925,000 | -1.3% | $409 / Sq Ft |
| 03/28/2024 03/28/24 | Price Changed | $1,950,000 | -2.3% | $414 / Sq Ft |
| 02/16/2024 02/16/24 | Price Changed | $1,995,000 | -2.7% | $423 / Sq Ft |
| 11/06/2023 11/06/23 | Price Changed | $2,050,000 | -6.8% | $435 / Sq Ft |
| 09/05/2023 09/05/23 | For Sale | $2,200,000 | -- | $467 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $24,647 | $1,825,000 | $575,000 | $1,250,000 |
| 2024 | $20,786 | $1,561,723 | $892,413 | $669,310 |
| 2023 | $20,431 | $1,531,102 | $874,915 | $656,187 |
| 2022 | $19,184 | $1,501,081 | $857,760 | $643,321 |
| 2021 | $18,790 | $1,471,649 | $840,942 | $630,707 |
| 2019 | $18,522 | $1,430,800 | $816,000 | $614,800 |
| 2018 | $11,489 | $861,990 | $350,038 | $511,952 |
| 2016 | $10,568 | $825,829 | $336,447 | $489,382 |
| 2015 | $10,157 | $813,426 | $331,394 | $482,032 |
| 2014 | $10,115 | $797,493 | $324,903 | $472,590 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
Jon Swire
Buyer Co-Listing Agent in 2024
Jon Swire
The Agency
(310) 948-2631
2 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23165957
APN: 7260-027-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1200 Ohio Ave Unit 4
- 1344 Temple Ave
- 1123 Ohio Ave
- 1140 Molino Ave Unit 5
- 1148 Stanley Ave
- 1128 Stanley Ave
- 1210 Stanley Ave
- 1140 Orizaba Ave
- 2788 E 14th St
- 1012 Temple Ave
- 1341 Stanley Ave
- 1134 Raymond Ave
- 1126 Raymond Ave
- 2324 E 14th St
- 1135 Raymond Ave
- 1519 Temple Ave
- 2507 E 15th St Unit 213
- 2507 E 15th St Unit 118
- 1485 Obispo Ave Unit 6
- 1509 Stanley Ave Unit 204
- 1205 Temple Ave
- 1195 Temple Ave Unit 1195-1
- 1195 Temple Ave Unit 4
- 1195 Temple Ave Unit 1
- 1195 Temple Ave
- 1155 Temple Ave
- 1200 Ohio Ave Unit Ohio Avenue
- 1200 Ohio Ave Unit 1200
- 1200 Ohio Ave Unit 8
- 1200 Ohio Ave Unit 7
- 1200 Ohio Ave Unit 6
- 1200 Ohio Ave Unit 5
- 1200 Ohio Ave Unit 3
- 1200 Ohio Ave Unit 2
- 1200 Ohio Ave Unit 1
- 1210 Ohio Ave
- 1180 Ohio Ave
- 1145 Temple Ave
- 1150 Ohio Ave
- 1150 Ohio Ave Unit 6
Your Personal Tour Guide
Ask me questions while you tour the home.