1051 Temple Avenue

Long Beach, CA 90804

$1,099,000
Last Sold Price
5
Beds
3
Baths
2,394 Sq. Ft.
$459 / Sq. Ft.
2,394
Sq. Ft.
$459
per Sq. Ft.

Description

Stunning opportunity! COMPLETELY RENOVATED Rose Park TRI-PLEX! 3 bedroom/1 bath Single Family Home at front built in 1920 with 1,068 SF AND Two 2 bedroom/1 bath units at rear (1 up and 1 down) that were built in 1962 and have 1,326 SF. This property is perfect for both OWNERS AND INVESTORS! Live in the front house while the rear tenants help to pay off your investment or rent them all! All units are MOVE-IN READY! There is AMPLE OPEN PARKING between the front and back units with an almost MAINTENANCE...Stunning opportunity! COMPLETELY RENOVATED Rose Park TRI-PLEX! 3 bedroom/1 bath Single Family Home at front built in 1920 with 1,068 SF AND Two 2 bedroom/1 bath units at rear (1 up and 1 down) that were built in 1962 and have 1,326 SF. This property is perfect for both OWNERS AND INVESTORS! Live in the front house while the rear tenants help to pay off your investment or rent them all! All units are MOVE-IN READY! There is AMPLE OPEN PARKING between the front and back units with an almost MAINTENANCE FREE lot! All units have separate gas and electric meters! EXCELLENT LOCATION near the beach, Belmont Shore & Naples/Marina shopping, Pine Ave, LB Convention Center, Cal State LB, Recreation Park golf and MORE! Virtual 3D Matterport Tour will be available next week. Here is a list of the IMPROVEMENTS: New concrete in drive and parking, New energy dual pane windows, New main sewer lines Front and back, automatic irrigation system, New copper water lines and main a couple years ago, New 100amp breaker and electrical in house, New water heaters in all units, Remodeled House a couple years ago, Remodeled Bath and flooring in Unit A, Unit B has stove and refrigerator and newer Bath, Units A & B and house have washer and dryer hook ups, Units A & B have water usage meters, House was just been painted inside and out, and property was FUMIGATED 9/25/20 by Korky’s Pest Control! Hurry… don’t miss this excellent opportunity!
  1. Listed by Mike Potier • DRE #00458210 • Brokerage DRE #02075076 • Vylla Home, Inc.

Property Details for 1051 Temple Avenue

Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2394
Assessor Parcel Number
7262-001-013

Location

Listing Courtesy of Vylla Home, Inc., Mike Potier, DRE #00458210

Sold By First Team Real Estate, Karen Franssen, DRE #01250469

Add your commute
LISTING UPDATED: 04/15/2021 08:11 AM

Property Details for 1051 Temple Avenue

StatusClosed
MLS #PW21024487
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size0.14 AC / 5,908 SF
CountyLos Angeles County

Location

Listing Courtesy of Vylla Home, Inc., Mike Potier, DRE #00458210

Sold By First Team Real Estate, Karen Franssen, DRE #01250469

Add your commute

Building Information for 1051 Temple Avenue

Stories1Residences-Year Built1920Building Size-Lot Size0.14 AC / 5,908 SF

Payment Calculator

$7,242 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$1,244

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1051 Temple Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $6,600
  • Gross Scheduled Income: $79,200
  • Net Operating Income: $55,440
  • Gross Multiplier: 13.9
  • Cap Rate: 5.04
  • Financing: Conventional
Expense Details
  • Operating Expense: $23,760
  • Operating Expense Percent: 30.00%
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $23,760
Tax / Assessment Info
  • Tax Tract Number: 5769
  • Tax Census Tract: 5769.03
  • Tax Lot: 87
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating: Wall Furnace
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Sprinklers Timer
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Multi/Split
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Concrete, On Site
Property / Structure Info
  • Builders Tract Name: Circle
  • Builders Tract Code: Circle (CA)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1051 Temple Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1051 Temple Avenue

Taxable ValueLand$520,200Additions$623,199Total$1,143,399
Tax Record2023$14,923 ($1,244 / month)
Home Facts
Total Finished SqFt2,394 SqFtAbove Grade Finished SqFt2,394 SqFtLot Size5,908 SqFtStyleTriplexYear Built1920ZoningLBR2NCountyLOS ANGELESAPN7262-001-013

Schools near 1051 Temple Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Richard D. Browning High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vylla Home, Inc., Mike Potier, DRE #00458210

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.