Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

3

Building size

2,248 sqft

Lot size

12,000 sqft

Year built

1946

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

246688342

About this property

Location!! Location!! Location!! This is a 3-unit property with R-3 zonning. Conveniently located near all the Shopping Malls, Restaurants, Banks, etc. The property is also in close proximity to Temple City Unified schools, making it an exceptional opportunity that should not be overlooked. The front house comprises two units, each featuring 1 Bedroom and 1 Bath. These units, located at 6217 and 6219, are spread across approximately ~1,234 sq ft and have their own electric and gas meters. The back unit, located at 6221, is approxmately ~972 sq ft and is situated above a three-bay, approximately ~864 sq ft garage with a shared laundry room. This unit includes 2 Bedrooms and one Bathroom. One unit has been recently updated, providing a modern and comfortable living space for Tenant. In addition, Seller already has fully entitlement for 2 Duplexes (4 Units) with only one shared wall for each Unit that are ready to build by end of 2026. The new Plan showed a beautiful rear Backyard for all the Home Owners to enjoy and relax after their busy day. Unit #1 is 1,905 SF with 3 Bedrooms and 3 Baths; Unit #2 is 1,968 SF with 4 Bedrooms and 4 Baths; Unit #3 is 1,968 SF with 4 Bedrooms and 4 Baths; and Unit #4 is 1,842 SF with 3 Bedrooms and 3 Baths. All Units with their own 2-Car Garage. It is a great opportunity for Investors or Builders to build their own Condos to either sale or keep as your long-term Rental Properties.

Location

6217 Temple City Boulevard

Temple City, Los Angeles, CA, 91780