245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
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245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
245 Temple Avenue
For Sale

245 Temple Avenue

245 Temple Avenue, Long Beach, CA 90803

$3,085,000
This property shines with a substantial value-add for
growth! There is room to flourish with this investment, and
some of the ways include completion of interior renovations
(4 of 8 near complete) with a very realistic upside. This
apartment building has a lot of growth
opportunities! Temple Avenue in Long Beach, California.
This 8-unit apartment building is in the highly desirable
rental area of Bluff Heights Historic District! Built in 1973,
this is a SWEET location where the community meets small
businesses in a neighborhood setting. Just steps away from
restaurants, cafes, and unique small businesses. Only
blocks to the beach with expansive walking and bike paths.
The area is a dream! Close enough to Downtown LB
festivities and 2nd Street, but far enough to have a sense of
neighbors and peace with a work-life balance feeling. It is
a rare opportunity to acquire an asset with an attractive
current cap rate estimated at 5.25 and a GRM of 14.45.

6,078 Sq.Ft. LIVING AREA

7,235 Sq.Ft. lot

Tamas Batyi

Tamas Batyi

Features & Amenities

Interior

  • Laundry room Common Area
  • Flooring Vinyl
  • APPLIANCES Disposal, Gas Range, Water Heater

Area & Lot

  • Status For Sale
  • Living Area6,078 Sq.Ft.
  • Lot Area7,235 Sq.Ft.
  • MLS® IDSB24139203
  • TypeCondo
  • YEAR BUILT1973
  • NeighborhoodLong Beach
  • View DescriptionNone

Exterior

  • STORIES2
  • Garage Space4.0
  • water SourcePublic
  • utilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofShingle
  • lot features6-10 Units/Acre
  • parkingAssigned, Garage
  • HEAT TYPEWall Furnace
  • sewerPublic Sewer

Financial

  • Sales Price$3,085,000
  • Zoning LBR2A
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 245 Temple Avenue, Long Beach, CA 90803. We are reviewing your request and will be in touch shortly!

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Long Beach

33.7701° N, 118.1937° W

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