380 Temple Avenue, Long Beach, CA, CA 90814
- $2,200,000
- List Price
- $2,200,000
- Status
- ACTIVE
- MLS#
- PV26161685
- County
- Los Angeles
- Year Built
- 1969
- Building Square Feet
- 5,201
- Square Feet
- 6,503
- Days on Market
- 3
- Property Type
- Multifamily
- Stories
- Two Levels
- Neighborhood
- Bluff Park (Blf)
Property Description
Well-maintained quadruplex in one of Long Beach's most desirable locations, just walking distance to the famous 4th Street Corridor, known as Retro Row. This vibrant neighborhood offers independent coffeehouses, unique shops, restaurants, local theater, parks, schools and grocery stores — and best of all, the beach is only a few blocks away. This property features 4 spacious units. Two units offer 3 bedrooms and 2 baths with approximately 1,550 sqft and in-unit laundry hookups. The other two units offer 2 bedrooms and 1.5 baths with approximately 1,075 sqft. Three of the four units (Units 1, 2 and 4) were fully remodeled just two years ago with new kitchens, new bathrooms, new flooring and fresh paint. All units are in excellent condition, and the property has been carefully maintained — units rent quickly with strong tenant demand. Parking includes two 2-car garages and one single-car garage. On-site laundry provides additional income. With solid current rents and continued upside potential, 380 Temple Ave is an excellent choice for an owner-user or any investor, from beginner to veteran, seeking a turnkey income property in a location that never goes out of style.
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Additional Information
- Parcel Number
- 7257009010
- Gross Scheduled Income
- $148,392
- Operating Expense
- 18550
- Net Operating Income
- $132,242
- Number of Buildings
- 1
- Lot Features
- 2-5 Units/Acre
- Appliances
- Dryer, Washer
- Heat
- Wall Furnace
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Community Features
- Sidewalks
Listing courtesy of Listing Agent: DeDe Hsu (dedehsu@gmail.com) from Listing Office: Estate Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.