1776 Temple

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1776 Temple

Long Beach, CA 90804
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features 8 residential apartment units.
  • The asset is currently offered at a 5.29% cap rate.
  • Located in the 90804 ZIP code of Long Beach.
  • This multifamily building is currently available for sale.
  • Situated within a dense and established Southern California market.

What's Special

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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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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