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Juan Oropeza

Citiwide Realty Group

juan@juanorealtor.com +1(818) 941-0721

$ 1,200,000

Est. payment | -/mo

9,604 Sqft Lot

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$ 1,200,000

Est. payment | -/mo

Save

9,604 Sqft Lot

OPEN HOUSE

Thu Apr 17, 11:00am - 2:00pm

Sun Apr 20, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-21746

Construction Status Turnkey

HOA Y/N No

Year Built 1979

Lot Size 9,604 Sqft

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

4 unit property built in 1978 located in Temple City near Lower Azusa Road with tremendous upside potential.Property size is 9,607 square feet with a two story building that contains 4 spacious apartments built over 6 individual garages in 3,538 square feet. A detached two-car garage is located at the rear of the property. Zoning is Temple City Multi-Use Low, MU-L District allowing for creative redevelopment and retail or service business use. The owners carefully updated and maintained the building over 2 decades and there are three occupied apartments with one vacant apartment unit that is 1 bedroom and 1 bath in size. The unit mix is 2, 2 bedroom apartments and 2, 1 bedroom apartments. See photos for detailed floor plan information from original plans. With no local rent controls, Temple City offers a stable and excellent investment location with high quality services and amenities. Current rents are well below market rate offering a new owner the ability to increase rents and rate of return. Attractive financing is available for owner-occupant buyers with one vacant unit available for immediate move in. Available to show at scheduled open houses and please do not disturb tenants or walk around property without an appointment.

Location

State CA

County Los Angeles

Area 661 - Temple City

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Tile, Vinyl

Fireplaces Type None

Inclusions All laundry machines, any owner owned appliances in the apartments.

Fireplace No

Appliance Gas Range, Refrigerator, Dryer, Washer

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Parking Features Assigned, Door-Multi, Door-Single, Driveway, Garage, On Site, Paved, Garage Faces Side

Garage Spaces 8.0

Garage Description 8.0

Fence Brick, Wood

Pool None

Community Features Curbs, Storm Drain(s), Suburban, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Asphalt

Accessibility None

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre, Near Public Transit

Faces East

Story 2

Entry Level Two

Foundation Slab

Sewer Sewer Tap Paid

Water Public, Private

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 8592001008

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard, Trust

Listed by Adam Bray-Ali • Coldwell Banker Realty

4533 Ellis LN Temple City, CA 91780

Juan Oropeza

OPEN HOUSE

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4533 Ellis LN