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$ 1,480,000
Est. payment | /mo
5 Beds
2,075 SqFt
$ 1,480,000
Est. payment | /mo
5 Beds
2,075 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,075 sqft
Price per Sqft $713
MLS Listing ID CRAR25143563
Bedrooms 5
HOA Y/N No
Year Built 1940
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Duplex
Property Description
Exceptional Investment & Development Opportunity in Prime Temple City Location & School. Strategically located within walking distance to Camellia Square, popular restaurants, fitness centers, grocery stores, bus stops, TJ Maxx, bakeries, cafés, and personal care services, this income-generating property offers both immediate cash flow and long-term development potential. The offering includes two contiguous parcels (APNs: 5384-016-020 & 5384-016-016), both zoned R-4, presenting a rare opportunity for medium-density residential redevelopment in one of Temple City's most desirable neighborhoods. When combined, the properties provide the potential to develop up to six multi-family units or subdivide into six individual lots, subject to verification and approval by the City of Temple City Planning Division. The existing improvements include multiple rental units and a permitted guest house, offering stable income while entitlement and planning processes are underway. Whether you are a developer, investor, or builder, this is an ideal acquisition for those seeking to capitalize on high-demand housing and a well-connected urban setting. Key Highlights: • Two legal parcels with R-4 zoning • Strong existing rental income • Development potential for 6-unit multifamily or 6 subdivi
Location
State CA
County Los Angeles
Zoning R4*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Laundry No Hookups
Exterior
Exterior Feature Back Yard, Other
Handicap Access See Remarks
Total Parking Spaces 2
Building
Lot Description Back Yard
New Construction No
Others
Tax ID 5384016016
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Aldon Chiwa Lai • High Ten Partners, Inc.
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447