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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,200,000

Est. payment - /mo

7,400 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26079866

Construction Status Turnkey

HOA Y/N No

Year Built 1958

Lot Size 7,400 Sqft

Lot Dimensions Assessor

Property Sub-Type Apartment

Property Description

Exceptional investment opportunity in the highly sought-after city of Temple City. This 6-unit multifamily property is located within the award-winning Temple City School District and surrounded by newer townhomes and condominiums, offering strong demographics and long-term appeal.
The property features a desirable unit mix of two spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, totaling approximately 4,808 rentable square feet on a 7,416 square foot lot. Each unit is separately metered for gas and electricity, providing operational efficiency.
With no local rent control and strong rental upside potential, this asset presents a compelling opportunity to increase cash flow and long-term value. Tenants benefit from on-site carport parking enhancing convenience and livability. The on-site laundry room is a valuable amenity. Strategically located near shopping, dining, and everyday amenities—including close proximity to Westfield Santa Anita, the Arboretum, USC Hospital, and Santa Anita Park—this property attracts and retains quality tenants, with easy access to both Arcadia and Temple City conveniences. Offered at an attractive price of $367,000 per unit, this property is priced to sell and presents a rare opportunity to acquire a quality asset in one of the San Gabriel Valley's most stable and desirable rental markets—ideal for investors seeking steady income and long-term appreciation.

Location

State CA

County Los Angeles

Area 661 - Temple City

Zoning TCR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range

Laundry Common Area, Laundry Room, See Remarks

Exterior

Parking Features Assigned, Detached Carport

Carport Spaces 6

Fence Block

Pool None

Community Features Curbs, Storm Drain(s), Street Lights

Utilities Available See Remarks

View Y/N Yes

View Mountain(s)

Roof Type Composition

Total Parking Spaces 6

Private Pool No

Building

Lot Description Sprinklers In Rear, Sprinklers In Front, Rectangular Lot

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 8588008002

Energy Description 240.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Pauline Cheng Re/Max Premier Prop Arcadia 626-278-4587, DRE #00993691

NEARBY SCHOOL & BUSINESS

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9614 Live Oak Temple City, CA 91780