Temple City (661) Homes with Apartment Subtype

Welcome to Temple City, California, a hidden gem nestled in the heart of Los Angeles County. Known for its charming neighborhoods and friendly community, Temple City offers an exceptional quality of life that appeals to families, professionals, and retirees alike. With its picturesque tree-lined streets and vibrant parks, this locale is perfect for those seeking a serene suburban atmosphere while still enjoying the proximity to the bustling city life of Los Angeles.

One of the most appealing features of Temple City is its diverse real estate market, particularly homes with apartment subtypes. These unique properties provide an excellent opportunity for homeowners looking to maximize their investment. Whether you're considering a multi-generational living arrangement or seeking rental income, homes with apartment subtypes offer the flexibility and versatility that modern living demands.

Imagine owning a beautifully designed home with an additional unit that can serve as a guest suite, home office, or a rental space. With the rising demand for rental properties in Temple City, this could be a smart financial move that allows you to enjoy the comforts of home while generating extra income.

Temple City is also known for its top-rated schools, delightful dining options, and a strong sense of community. From the annual Temple City Camellia Festival to the local farmers' market, there’s always something happening. With its ideal blend of suburban charm and urban convenience, Temple City is not just a place to live; it’s a place to thrive. Explore the possibilities of homes with apartment subtypes in this vibrant community and discover your perfect haven in Temple City!

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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