Listing provided courtesy of Mark Bridge of Mark Bridge, Broker. Last updated 2024-05-17 08:11:21.000000. Listing information © 2022 Sandicor.
Asking Price: $3,295,000
245 Temple, Long Beach CA 90803
Community: 2 - Belmont Heights, Alamitos Heights
This Commercial/Residential property was built in 1973 and is priced at $3,295,000. Please see the additional details below.
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.