$1,580,000
Situated in the heart of Temple City and served by its award-winning school district, this premier investment and development opportunity comprises 2 contiguous R-4 zoned parcels (APNs: 5384-016-020 & 5384-016-016). Representing a rare acquisition in the high-demand San Gabriel Valley market, the property boasts an exceptional location within walking distance to premier shopping centers, popular dining, and fitness hubs. The site currently provides immediate financial stability through multiple rental units and 1 guest house, allowing for consistent cash flow while navigating the entitlement process. Significant upside remains.With a spacious rear lot for potential expansion or additional amenities, this versatile property is the ideal choice for developers and savvy investors looking to capitalize on a high-value urban location with long-term growth potential.
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Listed by Henry Liu with Coldwell Banker Dynasty Arc. (626) 446-8999
Property Type
Single Family Residence
Status
Active
MLS Number
AR26075393
Year Built
1940
Lot Size
8,712 sq ft