$2,680,000
RARE Value-Add Multi-Family Opportunity in the Heart of Temple City with Award-Winning Temple City Schools! Situated on a large lot with desirable R3 zoning in a quiet and highly sought-after neighborhood, this well-maintained 4-unit property offers excellent current cash flow with tremendous upside potential. The property features an ideal unit mix consisting of one spacious front unit with 3 Bedrooms and 2 Bathrooms with its own attached garage, plus three additional units each offering 2 Bedrooms and 2 Bathrooms. Most units have been tastefully remodeled with newer kitchens, newer laminate flooring, and fresh interior paint throughout. The property has consistently attracted quality tenants with strong payment history and stable rental income. **Adding even greater value, the property includes permit-ready plans to convert the detached garages into TWO ADUs totaling approximately 1,200 SqFt, each designed as 2 Bedrooms and 1 Bathroom units, creating significant future income potential. **Conveniently located near top-rated schools, shopping, dining, transportation, and everyday amenities. Excellent opportunity for investors, owner-users, or 1031 Exchange buyers seeking long-term growth and strong upside potential. LOCATION, LOCATION, LOCATION!
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Listed by Grace Zhang with RE/MAX Galaxy (909) 860-8668
Property Type
Duplex
Status
Active
MLS Number
TR26109580
Year Built
1980
Lot Size
0.35 acres