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Listed by Pauline Cheng • Re/Max Premier Prop Arcadia
$2,200,000
Est. payment /mo
4,808 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,808 sqft
Price per Sqft $457
MLS Listing ID AR-26122891
Year Built 1958
Lot Size 7,402 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
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, total 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 and a shared laundry facility, enhancing convenience and livability. Strategically located near shopping, dining, and everyday amenities—including close proximity to Westfield Santa Anita, 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.
The property has completed the required SB 721 Balcony inspection. The report is avaialble upon request.
The property has completed the required SB 721 Balcony inspection. The report is avaialble upon request.
Location
State CA
County Los Angeles
Area 661 - Temple City
Interior
Fireplaces Type None
Laundry Common Area, Individual Room
Exterior
Parking Features Assigned, Detached Carport
Pool None
Community Features Curbs, Sidewalks, Storm Drains, Street Lights
Building
Lot Description Lot 6500-9999, Rectangular Lot, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900