Under ContractTriplex

624 Temple Avenue

Long Beach, CA, 90814

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$1,420,000

MLS: PW26086340

Beds

3

Baths

3

Sq Ft

1,956

Lot

0.17 ac

Year Built

1932

MLS #

PW26086340

Days on Market

6

Listed

Apr 23, 2026

Description

Charming Rose Park Triplex with Classic Character & Rental Income! Wonderful opportunity to own a beautifully maintained triplex in the highly desirable Rose Park neighborhood of Long Beach. The property features a charming 1-bedroom, 1-bath California bungalow in the front, along with two spacious 1-bedroom, 1-bath units situated above four single-car garages in the rear—offering excellent separation and privacy. The front home will be delivered vacant at closing, making this an ideal opportunity for an owner-occupant or investor seeking immediate flexibility. Situated on an oversized 7,251 square foot lot, the front home enjoys a large, private backyard with lush landscaping, an inviting outdoor dining area, a generous firepit, and a grassy yard ideal for entertaining, pets, or relaxation. The expansive lot also presents excellent potential for future expansion of the front home or the addition of an ADU (buyer to verify), creating even more value. The front bungalow (approx. 876 SF) is full of character, featuring hardwood floors, a formal living room, a formal dining area with a large fireplace, mini-split HVAC, and washer/dryer hookups off the kitchen. The owner recently completed a full foundation upgrade of the front home, investing over $60,000. The two rear units are well-sized, fully detached from the front home, and sit above four single-car garages—providing strong rental appeal and additional income potential. Ideally located just south of 7th Street in the heart of Rose Park, this property is perfect for both investors seeking stable income and owner-occupants looking to offset expenses with rental revenue. A rare opportunity to acquire a character-rich, well-maintained asset in one of Long Beach’s most sought-after neighborhoods, offering both immediate income and long-term upside.

Location

Long Beach, Los Angeles County, CA 90814

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Listed by: Spencer Pabst · Pabst, Kinney & Associates

Payment estimate

$10,398

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $142,000 · Loan: $1,278,000

%
Principal & Interest
$8,086
Property tax (1.25%)
$1,479
Homeowners insurance
$300
Mortgage insurance
$533
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $49,700 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.