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.
|
DAYS ON MARKET
|
42
|
LAST UPDATED
|
6/26/2025
|
|
YEAR BUILT
|
1940
|
COMMUNITY
|
661 - Temple City
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
661 - Temple City |
| FIREPLACE |
Yes |
| HEAT |
Wall Furnace |
| LOT |
8712 sq ft |
| LOT DESCRIPTION |
Back Yard |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Traditional |
| UTILITIES |
Water Connected |
| WATER |
Public |
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Listed with High Ten Partners, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/4/25 12:08 PM PDT and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2025.
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