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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.
Property Type(s):
Residential Income
| Last Updated | 6/26/2025 | Year Built | 1940 |
|---|---|---|---|
| Community | 661 - Temple City | County | Los Angeles |
Additional Details
| 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 |
Location
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Listed with High Ten Partners, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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