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Sold for $1,800,000 on 12/13/24
  • Listing Provided by: 

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with: Marcus & Millichap RE Invest
    $1,800,000

    1381 Temple Ave, Long Beach, CA 90804

    15beds
    10baths
    6,300sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $1,770,300 Zestimate®
    $286/sqft
    $-- Estimated rent

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    What's special

    1381 Temple Avenue is a 5-unit multifamily investment property located in Long Beach, CA. 1381 Temple Avenue features exclusively spacious three-bedroom units averaging approximately 1,260 square feet. The property offers attractive amenities including a shared courtyard and back patio, gated pedestrian access, and 4 single-car garages. Situated in the Zaferia neighborhood of Long Beach, 1381 Temple Avenue’s central Long Beach location provides residents convenient access throughout the city. Residents enjoy walkable access to Orizaba Park, a 3.72-acre public park offering a soccer field, a skate park, a basketball court, and a spacious community center. Additionally, the property is located less than half-a-mile from the Food4Less and Rite Aid anchored Belmont Center, providing residents with easy access to daily necessities. The property’s ideal Long Beach location surrounded by an abundance of recreational and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 1381 Temple Avenue.

    Zillow last checked: 8 hours ago

    Listing updated: December 13, 2024 at 04:03pm

    Listing Provided by:

    Tyler Leeson DRE #01451551 tleeson@marcusmillichap.com,

    Marcus & Millichap RE Invest

    Bought with:

    Tyler Leeson, DRE #01451551

    Marcus & Millichap RE Invest

    Source: CRMLS,MLS#: OC24151050MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 10
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 6,300
    • Total interior livable area: 6,300 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: First Level
    • Pool features: None
    Lot
    • Size: 6,534 sqft
    • Features: Street Level
    Details
    • Parcel number: 7260026014
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Long Beach

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange
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    Estimated market value
    $1,770,300