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 subdivided lots (subject to city approval)
• excellent walkability and access to amenities
• high-growth area with strong buyer and tenant demand
this is a rare opportunity to secure a high-value land position with strong upside potential in a premier san gabriel valley location.
Property Type
Residential IncomeCounty
Los AngelesStyle
TraditionalAD ID
50281619
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition
- Fireplace: Kitchen
- Flooring: Wood
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: Kitchen
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1940
- Building Area Total: 2,075
- Roof: Composition
Accessibility Features
- See Remarks
Pool Features
- None
Laundry Features
- None
Fencing
- Needs Repair
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2
- Lot Size Source: Assessor
- Lot Size Square Feet: 8712
-
Listing Information
Listing Price Information
- Original List Price: 1,480,000
- Listing Contract Date: 2025-06-24
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5384016016
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 661 - Temple City
- Postal Code Plus 4: 1536
- Directions: Rosemad Blvd.
- Zoning: R4*
- Source Property Type: Residential Income
- Area: 661 - Temple City
- Property SubType: Duplex
Building and Construction
- Property Age: 85
- Common Walls: No Common Walls
- Structure Type: Duplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 07/25/2025 @ 18:02
- MLS: AR25143563
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 5 bedrooms which is for sale, it has 2,075 sqft, 8,712 sized lot, and 0 parking. are nearby neighborhoods.