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$3,295,000
5 bed
4 bath
0 Sqft
9,583.20 Sqft lot

245 Temple Avenue, Long Beach, California 90803

  • Residential Income Property Type
  • 15 Days Time on market
  • 1973 Year Built
Property Description

First time on the market since 1973, these 8 garden-style two-story walkup apartment units are located in the highly desirable area of Bluff Heights at 245 Temple Avenue in Long Beach, California. This asset is situated adjacent to 2nd Street near shopping, restaurants, entertainment & excellent employment opportunities. 245 Temple Avenue offers the rare opportunity to acquire an asset with an attractive current cap rate that still provides substantial value-add through the completion of an interior renovation and realistic rental upside. The property has a Walk Score of 92 and a Bike Score of 90 making it a walker’s and Biker’s Paradise.

Basic Details
Residential Income
Buy
OC24085405
$3,295,000
5
4
0 Sqft
1973
9,583.20 Sqft
Active
Mixed Use
Condos/Co-ops
Features
: Wall Furnace
: Disposal, Gas Range, Water Heater
: Sidewalks, Curbs, Suburban, Street Lights, Stormdrains
12
$0
: Shingle
: Public Sewer
Address
CA
Los Angeles
Long Beach
90803
245 Temple Avenue
245
Avenue
0
W119° 50' 26.6''
N33° 45' 58.8''
Additional Information
15
1
2
2
: Two
: Common Area
4
6,077 Sqft
1
0 Sqft
0 Sqft
0.22 Sqft
0.22 Sqft
1
: 1 Common Wall
0 Sqft
LBR2A
7263028039
$0
$0
$0
$4,000
$0
$1,483
0 Sqft
1
0 Sqft
$0
1
03/05/2024 09:32:14
$0
: Standard
Cash,CashtoNewLoan
Head E on East Broadway and take a right onto Temple Ave. Property will be on your left.
Mark Bridge, Broker
Mark Bridge
OC08174
SBRIDMA2
$0
4.5
0
: Vinyl
1
: Item610unitsacre
1
Bluff Park (BLF)
: Electricity Connected, Natural Gas Connected, Water Connected, Cable Connected, Phone Connected, Sewer Connected
1
: Square Feet
1
1
1
9
9
1
8
8
1
7263
212244
US-06037-N-7263028039-R-N
MixedUse
03/05/2024 16:51:38
Temple
2 - Belmont Heights, Alamitos Heights
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