Property Description

1215 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.

Features
: Inside
Address Map
CA
Los Angeles
Long Beach
90804
1215 Temple Avenue
0
W119° 50' 26.6''
N33° 46' 55.3''
E Anaheim St & Obispo Ave
MLS Addon
Keller Williams - Santa Monica
Robert Stepp
rstepp@steppcommercial.com
CR385776
CR364501221
: Public

Commercial Sale For Sale

1215 Temple Avenue, Long Beach, California 90804

4,712 Sqft
$1,825,000
Listing ID #CRPW23165957
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRPW23165957
Price : $1,825,000
Square Footage : 4,712 Sqft
Year Built : 1984
Lot Area : 6,995 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent