$2,485,000
1776 Temple, Long Beach CA 90804
Multi-Family (8 Units)
Property type
35 days
On market
$395
Price per sqft
0 cars
Garage
1987
Year built
6,753 sqft
Lot size
Home highlights
Open Houses
Overview
****Seller Financing Available**** 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...
Listing provided by: Erik Ransdell DRE #02077589, Erik Michael Ransdell, Broker
Listing updated: Jun 3, 2026 at 08:09pm.
Last checked: Jun 3, 2026 at 08:30pm
Source: CRMLS #PW26094866
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $2,100 | $2,100 | $2,500 | — |
| 1 | 2 | 2 | — | $1,985 | $1,985 | $2,500 | — |
| 1 | 2 | 2 | — | $2,100 | $2,100 | $2,500 | — |
| 1 | 2 | 2 | — | $2,150 | $2,150 | $2,500 | — |
| 1 | 2 | 2 | — | $2,175 | $2,175 | $2,500 | — |
| 1 | 2 | 2 | — | $2,200 | $2,200 | $2,500 | — |
| 1 | 2 | 2 | — | $2,200 | $2,200 | $2,500 | — |
| 1 | 2 | 2 | — | $2,175 | $2,175 | $2,500 | — |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Dishwasher: 8
Ranges: 8
Refrigerator: 8
Rent Control: No
Units Leased: 8
Total Actual Rent: $17,085
Financial Snapshot
Gross Rent Multiplier
11.8x
List Price / Annual Gross Rent
Cap Rate
5.29%
NOI / List Price
Gross Scheduled Income: $209,895
Vacancy Allowance: $6,151
Operating Expense: $42,515
Net Operating Income: $131,409
Annual Operating Expenses
Electric: $2,350
Fuel: $4,800
Insurance: $6,150
Maintenance: $22,365
New Taxes: $29,820
Professional Management: $0
Trash: $3,425
Water / Sewer: $3,425
Interior
Interior Features: Balcony, Main Floor Bedroom, Main Level Primary
Room Type: Bedroom, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Flooring: Laminate
Cooling: Attic Fan
Heating: Central
Appliances: Six Burner Stove, Convection Oven, Dishwasher, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Refrigerator, Water Heater
Fireplace: None
Laundry: Common Area
Accessibility: No Stairs, Parking
Entry Location: Street Access
Exterior
Property Attached: Yes
Stories Total: 2
Roof: Shingle
Construction Materials: Concrete
Common Walls: Two Common Walls Or More
Security Features: Security Gate, Resident Manager
Lot Features: Rectangular Lot
Pool: None
Spa: None
Fencing: Good Condition, Security
Sewer: Public Sewer
Electric: Standard
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
View: City Lights
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Attached Carport, Covered, Carport
Garage Spaces: 0
Carport Spaces: 12
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7259031003
Additional Parcels: No
Tax Lot: 3
Community
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 1776 Temple, Long Beach, CA 90804. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,988,000
Total Interest
$2,535,584
Total Payment
$4,523,584
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,304
per month
Property History for 1776 Temple
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90804.
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