Temple City (661) Homes with Apartment Subtype

Welcome to Temple City, a hidden gem nestled in the heart of Los Angeles County, California. Known for its charming neighborhoods and vibrant community spirit, Temple City is an ideal destination for those seeking a blend of suburban tranquility and urban convenience. With its rich history and diverse culture, this city offers a unique lifestyle that appeals to families, young professionals, and retirees alike.

One of the standout features of Temple City is its array of homes, particularly those with an apartment subtype. These properties provide an excellent opportunity for homeowners looking for multi-generational living arrangements or those seeking additional rental income. Imagine the convenience of having a separate living space for guests or the potential of leasing out an apartment to generate passive income. Homes with this subtype often boast spacious layouts, modern amenities, and are strategically located near local parks, schools, and shopping centers.

The community of Temple City prides itself on its friendly atmosphere, with annual events and festivals that foster a sense of belonging. Residents enjoy easy access to a variety of recreational facilities, including parks, sports fields, and walking trails, making it a perfect place for outdoor enthusiasts. The city is also known for its excellent school district, ensuring that families have access to quality education.

Whether you’re looking to invest in a home with a rental unit or simply seeking a welcoming community to call home, Temple City has something for everyone. Explore the possibilities and discover why so many are falling in love with this charming enclave in Los Angeles County!

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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