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.
MLS #
CROC24085405
MLS Source
California Regional MLS
Days on Site
16
Buyer's Brokerage Compensation*
2.00
Appliances
Garbage Disposal, Oven Range - Gas
Laundry
Community Facility
Heating
Wall Furnace
Roof
Shingle
Garage/Parking
Assigned Spaces, Garage, Garage: 4 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 8 | – |
245 Temple Ave is a Residential Income in Long Beach, CA 90803. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,295,000 and was built in 1973.
This address can also be written as 245 Temple Ave, Long Beach, CA 90803.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 03, 2024. For the most current information, please contact Mark Bridge, (949) 372-4888