1215 Temple Avenue, Long Beach, CA 90804

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Property Description

1215 Temple Avenue is a 7-unit apartment asset in Long Beach, California. The property is offered at 11.34 GRM and 5.96% 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.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1215 Temple Avenue
City Long Beach
State CA
Zip 90804
County Los Angeles
Listing Agent Robert Stepp DRE #01456379
Courtesy Of Keller Williams - Santa Monica
List Price $1,950,000
Status Active
Type Residential Income
Subtype Commercial/Residential
Structure Size N/A
Lot Size 6,995
Year Built 1984

Listing information courtesy of: Robert Stepp, Keller Williams - Santa Monica. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 28th, 2024 at 2:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.