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6038 Temple City Boulevard, Temple City, CA 91780$2,075,000

3
beds
3
baths
3552
ft2
· 9113
ft2 lot
$584 / ft2

Listing provided courtesy of Benjamin J. Hsiang, Realty Investment Advisors, In
Source CRMLS;
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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.

HOA

$—/month

On market

1 month

Year built

1955

Property type

Multi-Family

Parking

MLS

21785416

Price / Sq.Ft.

$584 / ft2

Status

Active

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Home details for 6038 Temple City Boulevard

Interior Features & Layout
Interior Size
•   
Building Area Total: 3552.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Garage
Building Info
•   
Zoning: TCR4*
•   
Stories Total: 2
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.2000
•   
Lot Size Dimensions: 50x185
•   
Lot Size Area: 9113.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 6
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 102432.00
•   
Vacancy Allowance Rate: 0.00
•   
Total Expenses: 37240.00
•   
Gross Multiplier: 19.65
Tax/Assessment Info
•   
Gross Income: 105600.00
•   
Tax Year: 2020
•   
Taxes: 15301.66
Lease Info
•   
Net Operating Income: 65192.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1452.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 4
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 5810.00
Unit 3 Information
•   
Unit 3 Actual Rent: 1050.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1050.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1940.00
•   
Unit 1 Total Rent: 1940.00
Multi Unit Information
•   
# Of Units: 13
•   
Price Per Unit: 345833
School Neighborhood & Directions
School Info
•   
Directions: North of Las Tunas Drive
Other
Calculation
•   
Dom: 9
•   
Cdom: 9

Neighborhood snapshot

Flyhomes
California
Los Angeles
Arcadia
Temple City
26
Properties for sale
10
Median days on market
$563.30
Median sold price/sqft
103.58%
Sold/List %
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Property History for 6038 Temple City Boulevard

09/18/2021
09/18/2021
CRMLS #21785416
active
CRMLS #21785416
$2,075,000
+97.62%
03/28/2012
03/28/2012
Public Record
sold
Public Record
$1,050,000
+8.25%
05/19/2006
05/19/2006
Public Record
sold
Public Record
$970,000
+10.42%
10/20/2003
10/20/2003
Public Record
sold
Public Record
$878,500
+30.15%
04/01/2003
04/01/2003
Public Record
sold
Public Record
$675,000

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