Temple City (661) Homes with Apartment Subtype

Temple City (661) Homes with Apartment Subtype

Welcome to Temple City, a charming gem nestled in the heart of Los Angeles County, California. Known for its rich history and vibrant community, Temple City boasts a unique blend of suburban tranquility and urban convenience. With its tree-lined streets, excellent schools, and an array of parks, this welcoming city is perfect for families, young professionals, and retirees alike.

One of the standout features of Temple City is its diverse real estate market, particularly the homes with apartment subtypes. These properties offer a fantastic opportunity for those looking to invest in multi-family living or seeking additional rental income. Imagine owning a beautiful home that also includes separate living spaces, providing flexibility for extended family or the chance to generate passive income.

The architecture in Temple City is as varied as its residents, featuring everything from charming bungalows to modern duplexes. Many homes are situated in friendly neighborhoods, where community events and local businesses thrive. With a strong sense of belonging, residents often gather for events at the popular Temple City Park or enjoy the local farmer’s market.

Conveniently located near major highways and public transportation, Temple City provides easy access to the vibrant culture and entertainment of Los Angeles while maintaining a peaceful suburban atmosphere. Whether you’re looking to settle down or invest, Temple City’s homes with apartment subtypes present an incredible opportunity to embrace the best of California living. Explore the possibilities and discover your perfect home in this delightful community!

Newest Temple City (661) Homes with Apartment Subtype

$2,200,000
AR26122891 MLS Active Status
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 Unified School District and is surrounded by newer townhomes and condominiums, offering strong demographics and excellent long-term investment potential. 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 efficient property management and lower operating costs. Approximately 67% of the property is currently occupied, with all tenants on month-to-month leases, providing exceptional flexibility for a new owner. In addition, two units—one 2-bedroom/1-bath and one 1-bedroom/1-bath—have recently become vacant and are being intentionally held off the rental market to accommodate property showings. This presents an outstanding opportunity for an owner-user to occupy one of the vacant units while generating rental income from the others, or for an investor to lease both vacant units at current market rents and immediately increase cash flow. With no local rent control and substantial rental upside, this asset offers an excellent opportunity to enhance both current income and long-term value. Residents enjoy on-site carport parking and a shared laundry facility, adding convenience and desirability for tenants. Ideally situated near shopping, dining, and major attractions—including Westfield Santa Anita, the Los Angeles County Arboretum & Botanic Garden, USC Arcadia Hospital, and Santa Anita Park—the property provides easy access to both Arcadia and Temple City amenities, making it highly attractive to quality tenants. Offered at an attractive $367,000 per unit, this property is competitively priced and represents a rare opportunity to acquire a well-located multifamily asset in one of the San Gabriel Valley's most stable and desirable rental markets. Whether you're seeking immediate income, value-add potential, or long-term appreciation, this investment delivers exceptional flexibility and upside. The property has successfully completed the required SB 721 Balcony Inspection, and the inspection report is available upon request.

9614 Live Oak Avenue, Temple City

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.