Apartment Building with
New
For Sale
$2,500,000
1128 Temple, Long Beach, CA 90804
Long Beach, CA
Property SizeContact for details
Lot Size0.15 Acres
Days on Market4
Property Features for 1128 Temple
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1
Parking
13
Subdivision
Eastside (ES)
Lot features
6-10 Units/ Acre
Directions
Off E Anaheim St
Standard status
Active
APN
7259019012
Lot size
0.15 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Individually Metered Utilities
gas, electricity
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
private balconies
Building Details
Year built
1987
Floors in Building
3
Number of units
8
Listing Agency:
Keller Williams Realty Downey
(562) 334-1500
Listed By:
Robert Stepp · License #01456379
(310) 463-2916
Added: Nov 3
Last Checked: Nov 6 at 10:06AM
MLS# PW26236589
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 1128 Temple Avenue in Long Beach, this three-story apartment property was built in 1987 and contains eight residences. Each is a two-bedroom, two-bathroom unit averaging approximately 956 square feet. Four apartments have private balconies, and the property includes 13 secure parking spaces. Gas and electricity are individually metered. Public water and public sewer serve the site.
The property is currently operated as student housing with per-bed leasing. Marketing materials describe a planned shift to conventional, per-unit multifamily leasing. Projected investment metrics include a 6.55% capitalization rate and a 9.80 gross rent multiplier.
The property is currently operated as student housing with per-bed leasing. Marketing materials describe a planned shift to conventional, per-unit multifamily leasing. Projected investment metrics include a 6.55% capitalization rate and a 9.80 gross rent multiplier.
Key Highlights
- Eight two‑bedroom, two‑bathroom residences averaging approximately 956 square feet
- Three‑story property built in 1987
- Four units include private balconies
Property Analytics
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
2,138
Businesses Nearby
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Business Placement
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Individually metered gas and electricity serve the residences.
Where is this apartment building located?
The property is located at 1128 Temple Long Beach, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Eight two‑bedroom, two‑bathroom residences averaging approximately 956 square feet; Three‑story property built in 1987; Four units include private balconies
