1717 Temple Avenue, Long Beach, California 90804, Long Beach, 90804 - 9 bed, 9 bath
ACTIVE$1,999,000
1717 Temple Avenue, Long Beach, California 90804
9Beds
9Baths
4,746Sqft
8,373Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: As a 4-Plex (Quadruplex) residential income property, it offers a stable investment opportunity with multiple revenue streams.
Top Cons:
Property Age & Potential System Obsolescence: Built in 1980, the property is over 40 years old, suggesting that major internal systems (e.g., plumbing, electrical, HVAC) may be original or nearing the end of their useful life, potentially requiring significant future capital investment.
Compared to the nearby listings
Price:$2.00M vs avg $1.24M (+$764,000)93%
Size:4,746 sqft vs avg 2,298 sqft93%
Price/sqft:$421 vs avg $47927%
More Insights
Built in 1980 (45 years old).
Condition: The property, built in 1980, shows signs of regular maintenance with recent exterior improvements like the driveway and painting. However, the interior, specifically the bathroom shown, features dated elements such as a gold-framed shower enclosure, an older style vanity with a large wall mirror, and functional but aesthetically outdated tile flooring. While clean and functional, these features suggest renovations from 15-30 years ago rather than recent, comprehensive updates. The laminate wood-look flooring in the bedroom is in good condition but not a high-end finish. The property is well-kept but requires minor aesthetic updates to modernize the interior, especially the kitchen (not pictured) and bathrooms.
Year Built
1980
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$421
HOA
-
Days on market
-
Sold On
-
MLS number
PW25182350
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
4 Plex Gem , " Minutes away from Traffic Circle " , spacious custom oversized units with vaulted ceilings and open floor plans. 3 bedroom unit with Townhome floor plan with direct attached 2 car garage. 3- 2 bedroom 2 bath units with spacious kitchen , dining area and vaulted ceilings . Onsite Community Laundry room , recent improvements to driveway , exterior lighting , painting . Close proximity to public transportation , shopping , schools, Traffic Circle , Beach , Hospitals , too many to list. Excellent walking score.
Nearby schools
7/10
Lee Elementary School
Public,•K-5•0.1mi
5/10
Willard Elementary School
Public,•K-5•0.6mi
4/10
Whittier Elementary School
Public,•K-5•0.7mi
6/10
Bryant Elementary School
Public,•K-5•0.9mi
6/10
Burbank Elementary School
Public,•K-5•1.1mi
7/10
Lincoln Elementary School
Public,•K-5•1.1mi
9/10
Fremont Elementary School
Public,•K-5•1.4mi
7/10
Jefferson Leadership Academies School
Public,•6-8•1.0mi
6/10
Franklin Classical Middle School
Public,•6-8•1.5mi
6/10
Wilson High School
Public,•9-12•1.2mi
6/10
Polytechnic High School
Public,•9-12•1.5mi
Price History
Date
Event
Price
02/25/22
Sold
$1,850,000
10/27/15
Sold
$1,250,000
Condition Rating
Fair
The property, built in 1980, shows signs of regular maintenance with recent exterior improvements like the driveway and painting. However, the interior, specifically the bathroom shown, features dated elements such as a gold-framed shower enclosure, an older style vanity with a large wall mirror, and functional but aesthetically outdated tile flooring. While clean and functional, these features suggest renovations from 15-30 years ago rather than recent, comprehensive updates. The laminate wood-look flooring in the bedroom is in good condition but not a high-end finish. The property is well-kept but requires minor aesthetic updates to modernize the interior, especially the kitchen (not pictured) and bathrooms.
Pros & Cons
Pros
Strong Income Potential: As a 4-Plex (Quadruplex) residential income property, it offers a stable investment opportunity with multiple revenue streams.
Desirable Unit Configurations: The property features a premium 3-bedroom townhome unit with a direct attached 2-car garage, complemented by three spacious 2-bedroom, 2-bath units, appealing to a broad tenant demographic.
Strategic Location & High Walkability: Located minutes from the Traffic Circle, with excellent proximity to public transportation, shopping, schools, the beach, and hospitals, contributing to an 'Excellent walking score' and high tenant demand.
Recent Exterior Capital Improvements: Recent updates to the driveway, exterior lighting, and painting enhance curb appeal and reduce immediate capital expenditure for a new owner.
Tenant-Friendly Amenities: The inclusion of an onsite community laundry room and direct attached garages for some units provides valuable conveniences for residents, increasing tenant satisfaction and retention.
Cons
Property Age & Potential System Obsolescence: Built in 1980, the property is over 40 years old, suggesting that major internal systems (e.g., plumbing, electrical, HVAC) may be original or nearing the end of their useful life, potentially requiring significant future capital investment.
Unspecified HVAC Systems: The property description does not mention individual unit air conditioning or modern heating systems, which could be a significant drawback for tenant comfort in warmer months and a potential future upgrade cost for the owner.
Standard 'Neighborhood' View: While a view is present, it is limited to a 'Neighborhood' outlook. This lacks the premium appeal or value-add of more desirable vistas (e.g., ocean, city skyline) that could command higher rents or sale prices.