245 Temple Avenue
245 Temple Avenue
$3,295,000
5
10
6,077
6,077
$542
Description
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...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.
Property Details for 245 Temple Avenue
View
None
Parking Spaces Total12
Private PoolNo
Total Units8.0
Building TypeAttached
Lot Size SourceAssessor
Living Area6077
Assessor Parcel Number7263-028-039
Location
LISTING UPDATED: 05/03/2024 02:44 AM
Property Details for 245 Temple Avenue
Status | Active |
---|---|
MLS # | OC24085405 |
Days on Market | 16 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1973 |
Lot Size | 0.22 AC / 9,583 SF |
County | Los Angeles County |
Location
Building Information for 245 Temple Avenue
Stories2Residences-Year Built1973Building Size-Lot Size0.22 AC / 9,583 SF
Payment Calculator
$20,423 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 245 Temple Avenue
Property History for 245 Temple Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 245 Temple Avenue
Taxable ValueLand$1,342,116Additions$884,340Total$2,226,456
Tax Record2023$29,288 ($2,441 / month)
Home Facts
Total Finished SqFt6,077 SqFtAbove Grade Finished SqFt6,077 SqFtLot Size7,233 SqFtStyleMulti-Family Res (5+ Units)Year Built1973ZoningLBR2ACountyLOS ANGELESAPN7263-028-039
Schools near 245 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 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Mann Elementary School PublicK to 5 | ||
Jefferson Leadership Academies School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 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.
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