Temple City (661) Homes with Apartment Subtype

Temple City (661) Homes with Apartment Subtype

Welcome to Temple City, California, a hidden gem nestled in the heart of Los Angeles County. Known for its charming neighborhoods, vibrant community spirit, and beautiful tree-lined streets, Temple City offers a unique blend of suburban tranquility and urban convenience. With a population of just over 36,000, this family-friendly city is renowned for its excellent schools, parks, and a diverse array of dining and shopping options, making it an ideal place for families, young professionals, and retirees alike.

When it comes to real estate, Temple City boasts an impressive selection of homes, including those with apartment subtypes. These properties are perfect for those seeking a multi-generational living arrangement or an investment opportunity. Homes with an apartment subtype often feature separate entrances and living spaces, allowing for privacy while maintaining close proximity to family or tenants. Imagine the possibilities: whether you’re looking to generate rental income or provide a comfortable space for loved ones, these homes offer flexibility and versatility.

In addition to the practical benefits, Temple City’s real estate market is thriving, with a variety of architectural styles ranging from quaint bungalows to modern designs. The community is also known for its annual events, such as the popular Temple City Camellia Festival, which brings residents together to celebrate the city’s rich heritage and vibrant culture.

If you’re considering a move to Temple City, you’ll find not just a house, but a place to call home in a community that truly embraces the spirit of togetherness. Come explore the charm of Temple City and discover the perfect home with an apartment subtype that suits your lifestyle!

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.