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Long Beach continues to serve as a vital coastal hub within the Greater Los Angeles area, characterized by its diverse economy, dense residential population, and connectivity to major regional transit corridors. This multifamily property at 1776 Temple provides a stable investment vehicle in a supply-constrained urban market. The apartment building consists of 8 units, catering to the ongoing demand for rental housing in this established Southern California submarket. Investors may find this asset suitable for long-term hold strategies aimed at consistent cash flow, supported by its current 5.29% cap rate performance. Its position within the 90804 ZIP code offers proximity to local employment centers and essential retail amenities, making it a viable option for tenants seeking proximity to the beach and metropolitan infrastructure. The scale of the asset allows for manageable oversight while maintaining a footprint in one of the region’s most active residential sectors.
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