Temple City, CA91780
| 2075 sqft | MLS# AR25143563
Tract:
For Sale $1,480,000
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.
Facts
| Built in 1940 | Lot Size: 8712.00 sqft | HOA Dues: $0/month
Features
Listing provided by Aldon Chiwa Lai, High Ten Partners, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of June 27, 2025. 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.
