$2,200,000
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, totaling 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 enhancing convenience and livability. The on-site laundry room is a valuable amenity. Strategically located near shopping, dining, and everyday amenities—including close proximity to Westfield Santa Anita, the 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.
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Listed by Pauline Cheng with Re/Max Premier Prop Arcadia (626) 229-2200
Property Type
Apartment
Status
Active
MLS Number
AR26079866
Year Built
1958
Lot Size
7,401 sq ft