380 Temple Avenue, Long Beach, California 90814, Long Beach, 90814 - 0 bed, 0 bath
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380 Temple Avenue
Long Beach, California 90814
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
5,201Sq Ft
6,503Lot Size
Property Price
LIST PRICE$2,200,000
EST. MARKET VALUE
$2,315,733
4% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a Quadruplex listed at $2,200,000, positioned well below the $2,315,734 Fair Market Value by 4%. This valuation gap offers $115,734 in Instant Equity. With an Excellent Condition Rating across 75% of the units, this asset features modern kitchens and in-unit laundry. Located near the 4th Street Corridor, the property provides strong rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset in a prime coastal location.
Estimated Market Value
$2,315,733+$115,733 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 380 Temple Avenue Subject | $2,200,000* List Price | 0 | 0 | 5,201 | $445 | - |
A 346 Molino Sold | $1,625,000 | 0 | 0 | 3,577 | $454 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the structure dates to 1969, 75% of the units (3 out of 4) underwent a full high-end remodel only two years ago. Images confirm modern kitchens with quartz waterfall countertops, shaker cabinets, and stainless appliances. The interior condition meets the <5-year renovation criteria for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the highly desirable Bluff Park area near Retro Row and just blocks from the beach, the property benefits from high tenant demand and a vibrant, walkable neighborhood.
- Extensive Recent Renovations
Three of the four units were fully remodeled two years ago with new kitchens, bathrooms, and flooring, offering a turnkey investment with reduced immediate capital expenditure.
- Superior Unit Mix and Size
The property features exceptionally large units, including two 3-bedroom layouts of approximately 1,550 sqft, which is rare for the area and attracts long-term, premium tenants.
CONSRISKS & DEFICIENCIES
- Incomplete Property Update
One of the four units remains un-remodeled, creating a discrepancy in rental income potential and requiring future investment to bring the entire building to a uniform standard.
- Vintage Infrastructure
Built in 1969, the property may require ongoing maintenance or eventual upgrades to aging systems like plumbing and electrical that are typical for buildings of this era.
About 380 Temple Avenue
Well-maintained quadruplex in one of Long Beach's most desirable locations, just walking distance to the famous 4th Street Corridor, known as Retro Row. This vibrant neighborhood offers independent coffeehouses, unique shops, restaurants, local theater, parks, schools and grocery stores — and best of all, the beach is only a few blocks away. This property features 4 spacious units. Two units offer 3 bedrooms and 2 baths with approximately 1,550 sqft and in-unit laundry hookups. The other two units offer 2 bedrooms and 1.5 baths with approximately 1,075 sqft. Three of the four units (Units 1, 2 and 4) were fully remodeled just two years ago with new kitchens, new bathrooms, new flooring and fresh paint. All units are in excellent condition, and the property has been carefully maintained — units rent quickly with strong tenant demand. Parking includes two 2-car garages and one single-car garage. On-site laundry provides additional income. With solid current rents and continued upside potential, 380 Temple Ave is an excellent choice for an owner-user or any investor, from beginner to veteran, seeking a turnkey income property in a location that never goes out of style.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1969
- Lot Size
- 6,503 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.9 |
| Baths | 0.0 | 4.4 |
| Square foot | 5,201 | 2,300.724 |
| Lot Size | 6,503 | 5,277.379 |
| Price | $2.20M | $1.24M |
| Price per sq ft | $423 | $513 |
| Built year | 1969 | 1949 |
| HOA | $0 | $0 |
| Days on market | 45 | 74 |
Pricing History
Listed for Sale
Jul 26, 2026
$2,200,000
Initial Listing
Sold
Oct 1, 2021
$1,820,000
Public Record
Sold
Aug 23, 2004
$1,070,000
Public Record
Sold
May 6, 2003
$689,000
Public Record