# 1128 Temple, Long Beach, CA 90804

> **TL;DR:** 2bd/2ba commercial, $2,500,000, built 1987.
> 13-car garage. Est. $13,370/mo. Listed 6 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,500,000 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Year Built | 1987 |
| Lot Size | 6,504 sqft (0.15 acres) |
| Stories | 3 |
| Garage | 13-car |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 6 |

## Why This Home Stands Out

- **Large Garage** - 13-car garage

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $12,641 |
| Estimated Insurance | $729 |
| **Total** | **$13,370** |

## Key Amenities

- 13-car garage

## Property Highlights

- Built in 1987
- 0.15 acre lot
- 3 stories
- 13 parking spaces

## Description

### Agent Description
1128 Temple Avenue is an eight-unit multifamily investment opportunity located in Long Beach, California. Built in 1987, the three-story property features 100% spacious two-bedroom/two-bathroom residences averaging approximately 956 square feet. Four of the eight units offer private balconies, while additional amenities include 13 secure parking spaces and individually metered gas and electricity, providing desirable resident conveniences and operational efficiencies. Offered at $2,500,000, the property presents a compelling value proposition with pricing metrics that compare favorably to recent sales. The projected 6.55% capitalization rate exceeds the comparable average of 5.95%, while the 9.80 gross rent multiplier is notably below the 12.02 comparable average. These metrics underscore the property's attractive relative valuation and competitive income potential. Currently operated as student housing with rental income generated on a per-bed basis, the property is being marketed as a conventional market-rate multifamily investment. The pro forma reflects a transition to traditional per-unit leasing, with conservatively projected monthly rents of $2,495 per unit, approximately 2% below the surveyed comparable average of $2,547. This measured underwriting approach provides investors with additional rental upside potential beyond projected income. Situated within Long Beach's established residential market, the property benefits from proximity to the city's diverse employment base, coastal amenities, and expanding aerospace and technology sectors. With a projected net operating income of $163,695, attractive acquisition metrics, and the opportunity to transition to conventional multifamily operations, 1128 Temple Avenue offers investors a compelling opportunity to acquire a well-located asset at a favorable basis relative to recent comparable transactions.

## Location

- **Address:** 1128 Temple, Long Beach, CA 90804
- **County:** Los Angeles
- **Neighborhood:** Eastside (ES)

## Listing Agent

- **Name:** Robert Stepp · **License:** 01456379
- **Brokerage:** Keller Williams Realty SELA
- **Broker Phone:** (562) 334-1511

## Photos

![1128 Temple - Photo 1](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f1842258914r.jpg)

![1128 Temple - Photo 2](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f760164614r.jpg)

![1128 Temple - Photo 3](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f2647627765r.jpg)

![1128 Temple - Photo 4](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f940490938r.jpg)

![1128 Temple - Photo 5](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f3578664480r.jpg)

![1128 Temple - Photo 6](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f1222386106r.jpg)

![1128 Temple - Photo 7](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f4011363665r.jpg)

![1128 Temple - Photo 8](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f4152098384r.jpg)

![1128 Temple - Photo 9](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f4163922768r.jpg)

![1128 Temple - Photo 10](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f2432597662r.jpg)

![1128 Temple - Photo 11](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f3830037975r.jpg)

![1128 Temple - Photo 12](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f4231816288r.jpg)

![1128 Temple - Photo 13](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f411345758r.jpg)

![1128 Temple - Photo 14](http://lh.rdcpix.com/239d79718da7a89770aff750a5a15730l-f140069013r.jpg)

---

**MLS#:** PW26236589 | **Updated:** 2026-11-06
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1128-temple-long-beach-ca-90804-0993553352d24ba28abbfb715fc1f070)

---

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