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9628 Broadway 5 Unit Apartment Building $2,879,205 CAD ($575,841 CAD/Unit) 3.24% Cap Rate Temple City, CA 91780



Investment Highlights
- 5 freestanding homes
- Individually metered for gas, electric & hot water
- Garages for each unit
- Wall A/C and gas heating
Executive Summary
Welcome to this exquisite beachfront estate located at the prestigious tip of Long Beach Peninsula. This contemporary masterpiece offers breathtaking panoramic views of the Pacific Ocean, Alamitos Bay, and Catalina Island, delivering unparalleled coastal elegance. Boasting approximately 4,876 square feet, this sophisticated residence includes 4 spacious bedrooms and 5 luxurious bathrooms. Inside, high ceilings and recessed lighting enhance the home's inviting ambiance, complemented by three charming fireplaces. The grand primary suite is a serene retreat featuring an opulent ensuite bath with double sinks, a generous walk-in closet, fireplace, and captivating ocean views. A private guest suite provides independent living with its own kitchen, living area, bedroom, bathroom, and balcony. he gourmet kitchen impresses with extensive cabinetry, stainless steel appliances including a dishwasher, stove, range hood, and refrigerator and stunning ocean vistas. Expansive balconies and decks offer delightful spaces for entertaining or relaxing. A separate kitchenette further enhances the home's hosting capabilities. Additional highlights include a beach-level entertainment area with direct sand access, private wine room, fitness studio, two laundry rooms, and an elevator servicing all floors. Parking is effortlessly accommodated in the three separate-car garages. Perfectly positioned directly on the sand, this exceptional property epitomizes luxurious coastal living in one of Southern California's most coveted beachfront locations.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,879,205 CAD | Apartment Style | Garden |
| Price Per Unit | $575,841 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.63 AC |
| Cap Rate | 3.24% | Building Size | 4,755 SF |
| Gross Rent Multiplier | 17.61 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1938 |
| Property Subtype | Apartment | Parking Ratio | 2.31/1,000 SF |
| Zoning | TCR105 - Commercial/Residential | ||
| Price | $2,879,205 CAD |
| Price Per Unit | $575,841 CAD |
| Sale Type | Investment |
| Cap Rate | 3.24% |
| Gross Rent Multiplier | 17.61 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 4,755 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1938 |
| Parking Ratio | 2.31/1,000 SF |
| Zoning | TCR105 - Commercial/Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,791 CAD | 842 |
| 3+1 | 1 | $2,461 CAD | 1,151 |
1 1
Property Taxes
| Parcel Number | 8588-023-014 | Total Assessment | $1,783,113 CAD |
| Land Assessment | $1,028,755 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $754,358 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
8588-023-014
Land Assessment
$1,028,755 CAD
Improvements Assessment
$754,358 CAD
Total Assessment
$1,783,113 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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9628 Broadway
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