Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 1381 Temple Avenue, 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.