380 Temple Avenue, Long Beach, CA 90814
- $2,200,000
- List Price
- $2,200,000
- Status
- ACTIVE
- MLS#
- PV26161685
- Year Built
- 1969
- Lot Size
- 6,503
- Acres
- 0.15
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- 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
- Appliances
- Dryer, Washer
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $148,392
- Operating Expense
- 18550
Listing courtesy of Listing Agent: DeDe Hsu (dedehsu@gmail.com) from Listing Office: Estate Properties.
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