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$ 1,250,000
Est. payment | /mo
4 Beds
8,121 Sqft Lot
$ 1,250,000
Est. payment | /mo
4 Beds
8,121 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25227150
Bedrooms 4
Lot Size 8,121 Sqft
Lot Dimensions 63x128
Property Sub-Type Res Income 2-4 Units
Property Description
Located in Temple City within the Temple City School District, this rare triplex offers investors a solid, income-producing asset with excellent upside potential. Owned and managed by the same family for decades, the property has been well maintained and shows pride of ownership, while offering room for increased returns through future improvements. The property consists of two 1-bedroom, 1-bath units (approx. 715 sq. ft.) and one 2-bedroom, 1-bath unit (approx. 850 sq. ft.). Additional features include a community laundry room and three single-car garages, which may present an ADU conversion opportunity (buyer to verify with the City). Situated on an 8,100+ sq. ft. lot on a cul-de-sac street, the property is conveniently located near shopping, dining, and major transportation routes. Tenants are long-term and stable, with historically low vacancy and consistent income. With Temple Citys strong rental demand and limited multi-unit inventory, this is an exceptional opportunity for both seasoned investors and 1031 exchange buyers. Please do not disturb tenants or walk on the property. Drive by only.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Broadway between Encinitas and Rosemead go North on Noel Dr
Interior
Heating Floor Furnace
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 5387025005
Listed by Kristine Mathison COMPASS
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Roy Wannamaker
REALTOR® | Lic# CA DRE 01838753