624 Temple Ave, Long Beach, CA 90814

Property 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.