1776 Temple Ave Long Beach, CA 90804
Zaferia NeighborhoodEstimated payment $15,984/month
Highlights
- City Lights View
- Main Floor Primary Bedroom
- Living Room
- Woodrow Wilson High School Rated A
- Balcony
- 2-minute walk to Hillbrook Park
About This Home
We are 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.
Listing Agent
Erik Michael Ransdell, Broker Brokerage Phone: 714-392-6380 License #02077589 Listed on: 05/04/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 6,753 Sq Ft Lot
- Two or More Common Walls
- Security Fence
- Fence is in good condition
- Rectangular Lot
Home Design
- Apartment
- Entry on the 1st floor
- Shingle Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 6,288 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Laminate Flooring
- City Lights Views
- Attic Fan
- Laundry Room
Kitchen
- Convection Oven
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 16 Bedrooms
- Primary Bedroom on Main
- 16 Bathrooms
Parking
- 12 Parking Spaces
- 12 Attached Carport Spaces
- Parking Available
- Automatic Gate
Accessible Home Design
- No Interior Steps
- Accessible Parking
Utilities
- Central Heating
- Water Heater
Additional Features
- Balcony
- Suburban Location
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 3
- Assessor Parcel Number 7259031003
- $1,715 per year additional tax assessments
Community Details
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,350
- Fuel Expense $4,800
- Insurance Expense $6,150
- Maintenance Expense $22,365
- Trash Expense $3,425
- Water Sewer Expense $3,425
- New Taxes Expense $29,820
- Operating Expense $72,335
- Gross Income $209,895
- Net Operating Income $131,409
Additional Features
- 8 Units
- Laundry Facilities
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $30,108 | $2,236,062 | $1,268,598 | $967,464 |
| 2024 | $28,807 | $2,192,219 | $1,243,724 | $948,495 |
| 2023 | $28,318 | $2,149,236 | $1,219,338 | $929,898 |
| 2022 | $10,971 | $794,399 | $313,911 | $480,488 |
| 2021 | $10,710 | $778,823 | $307,756 | $471,067 |
| 2020 | $10,681 | $772,038 | $304,601 | $467,437 |
| 2019 | $10,557 | $756,925 | $298,629 | $458,296 |
| 2018 | $10,235 | $742,108 | $292,774 | $449,334 |
| 2016 | $9,401 | $712,140 | $281,406 | $430,734 |
| 2015 | $9,044 | $701,444 | $277,180 | $424,264 |
| 2014 | $9,018 | $687,705 | $271,751 | $415,954 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | Off Market | $2,000 | -- | -- |
| 05/04/2026 05/04/26 | For Sale | $2,485,000 | 0.0% | $395 / Sq Ft |
| 01/08/2026 01/08/26 | Price Changed | $2,000 | 0.0% | $2 / Sq Ft |
| 01/03/2026 01/03/26 | For Rent | $2,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26094866
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
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