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6038 Temple City Blvd

Temple City, CA 91780
  • $2,075,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 21-785416
UPDATED: 69 min ago
$2,075,000
  • 6
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,552
    SQFT
  • $584
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

Description

We are pleased to present for sale a 6 unit apartment complex in prime Temple City on a spacious 9,113 square foot lot. Walking distance to shops and restaurants on Las Tunas Drive, Longden Elementary and Temple City High School, the property is ideally located and consists of one (1) two bedroom + 1 bathroom unit, four (4) one bedroom + one bathroom units, and one (1) studio + one bathroom unit. The two bedroom unit, which is located at the front of the property has the feel of a single story house and features its own in unit washer and dryer. Majority of the units have upgraded kitchens/bathrooms and the electrical service/panels were recently upgraded. There are 4 single car garages in the rear structure and additional open parking spaces between the two buildings. All the units are individually metered for both gas and electricity and there may be a possibility to convert some of the garages into an ADU (Buyer to verify with the city). Given the few amount of apartment buildings that ever come up for sale in Temple City, this is an extremely rare opportunity to acquire an investment property in the city that wont last long.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-06T21:43:18.327. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.haciendagroupinc.com/homes/121566661
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6038 Temple City Blvd Temple City, CA 91780

  • Price: $2,075,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 69 min ago
  • MLS #: 21-785416
6
Beds
0
Baths
0
½ Baths
0.21
Acres
3,552
SQFT
$584
$/SQFT
1955
Built
Neighborhood:
Temple City
County:
Los Angeles
Area:
Temple City
Property Description
We are pleased to present for sale a 6 unit apartment complex in prime Temple City on a spacious 9,113 square foot lot. Walking distance to shops and restaurants on Las Tunas Drive, Longden Elementary and Temple City High School, the property is ideally located and consists of one (1) two bedroom + 1 bathroom unit, four (4) one bedroom + one bathroom units, and one (1) studio + one bathroom unit. The two bedroom unit, which is located at the front of the property has the feel of a single story house and features its own in unit washer and dryer. Majority of the units have upgraded kitchens/bathrooms and the electrical service/panels were recently upgraded. There are 4 single car garages in the rear structure and additional open parking spaces between the two buildings. All the units are individually metered for both gas and electricity and there may be a possibility to convert some of the garages into an ADU (Buyer to verify with the city). Given the few amount of apartment buildings that ever come up for sale in Temple City, this is an extremely rare opportunity to acquire an investment property in the city that wont last long.
Exterior Features

Covered Parking 4 Lot Size Area 9113 Other Structures None Parking Garage Garage Total Parking 6

Interior Features

Baths Total 6.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 1205922 Gross Income 105600 Gross Operating Income 102432 Like Units1 1 Like Units2 4 Like Units3 1 Monthly Gross Income 8800.00 Net Operating Income 65192.00 Number Of Buildings 2 Number Of Units 6 Owner Pays WaterGardener Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 37240 Type Of Units Apartments Water Heaters YN Yes Year Built Source Assessor Zoning Tcr4*

Listing provided courtesy of Benjamin J. Hsiang DRE#01438644 of Realty Investment Advisors, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-06T21:43:18.327. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253