Temple City (661) Homes with Apartment Subtype

Welcome to Temple City, California – a charming gem nestled in the heart of Los Angeles County. Known for its rich history, vibrant community, and picturesque tree-lined streets, Temple City offers a delightful blend of suburban tranquility and urban convenience. With a population that embraces diversity and a strong sense of community, this city is an ideal place for families, young professionals, and retirees alike.

Temple City is renowned for its well-maintained parks, excellent schools, and inviting neighborhoods. Whether you're strolling through the beautiful Temple City Park or enjoying the local farmers' market, you'll find a warm, welcoming atmosphere that makes you feel right at home. The city is also conveniently located near major highways, offering easy access to downtown Los Angeles and surrounding areas, making it perfect for commuters.

When it comes to real estate, Temple City boasts a variety of housing options, including homes with apartment subtypes. These residences are perfect for those seeking flexibility and additional income potential. Imagine living in a beautifully maintained home while also having the opportunity to rent out a separate apartment unit. This arrangement not only provides a comfortable living space but can also serve as a smart investment, allowing you to generate rental income in a thriving market.

With its blend of charm, convenience, and community spirit, Temple City is more than just a place to live; it's a place to thrive. Explore the possibilities of calling this vibrant city home, and discover the unique opportunities that await in Temple City’s diverse real estate landscape.

Newest Temple City (661) Homes with Apartment Subtype

$2,200,000

AR26122891 MLS ⋅ Active Status

Exceptional investment opportunity in the highly sought-after City of Temple City. This 6-unit multifamily property is located within the award-winning Temple City Unified School District and is surrounded by newer townhomes and condominiums, offering strong demographics and excellent long-term investment potential. The property features a desirable unit mix of two spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, totaling approximately 4,808 rentable square feet on a 7,416-square-foot lot. Each unit is separately metered for gas and electricity, providing efficient property management and lower operating costs. Approximately 67% of the property is currently occupied, with all tenants on month-to-month leases, providing exceptional flexibility for a new owner. In addition, two units—one 2-bedroom/1-bath and one 1-bedroom/1-bath—have recently become vacant and are being intentionally held off the rental market to accommodate property showings. This presents an outstanding opportunity for an owner-user to occupy one of the vacant units while generating rental income from the others, or for an investor to lease both vacant units at current market rents and immediately increase cash flow. With no local rent control and substantial rental upside, this asset offers an excellent opportunity to enhance both current income and long-term value. Residents enjoy on-site carport parking and a shared laundry facility, adding convenience and desirability for tenants. Ideally situated near shopping, dining, and major attractions—including Westfield Santa Anita, the Los Angeles County Arboretum & Botanic Garden, USC Arcadia Hospital, and Santa Anita Park—the property provides easy access to both Arcadia and Temple City amenities, making it highly attractive to quality tenants. Offered at an attractive $367,000 per unit, this property is competitively priced and represents a rare opportunity to acquire a well-located multifamily asset in one of the San Gabriel Valley's most stable and desirable rental markets. Whether you're seeking immediate income, value-add potential, or long-term appreciation, this investment delivers exceptional flexibility and upside. The property has successfully completed the required SB 721 Balcony Inspection, and the inspection report is available upon request.

9614 Live Oak Avenue, Temple City

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