CA > Temple City
Temple City, CA 91780,5305 Tyler Avenue
Temple City, CA 91780,5305 Tyler Avenue
Temple City, CA 91780,5305 Tyler Avenue
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Danielle Broad

Danielle Broad

+1(925) 383-9200
$2,900,000
Est. payment /mo
8,274 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,274 sqft

Price per Sqft $350

MLS Listing ID CRAR25202976

HOA Y/N No

Year Built 1978

Lot Size 0.412 Acres

Acres 0.41

Property Sub-Type Other

Property Description

Prime 10-unit Value-add in Temple City, First Time for Sale Since 2011, Newer Construction built in 1978, Clear Upside with 6.61% Proforma CAP Rate, Large C3 Zoned Lot, Garage parking prime for ADUs Conversions, Excellent Roof Condition + Plumbing upgraded. A very well maintained 2-story garden style apartment in the highly desirable area of Temple City, CA (unincorporated area). This newer built property (completed in 1978) has been in the same ownership since 2011. Temple City apartment market has always been known as a “high-barrier-to-entry” and “no inventory” market as there are very limited numbers of multifamily community offered for sale. The current rental income is low with an estimated ±32% below market! The properties are offered at a very attractive price per unit and offer a whopping 6.61% Proforma CAP Rate and 10.79x Proforma GRM, making this an attractive investment for a savvy buyer. The property has a large building size of 8,274SF and sits on a large 17,922SF corner lot. The lot has a high-density zoning (C3 – buyer to verify), offering future redevelopment possibilities and/or clear ADUs upside. The community is very well maintained with excellent curb appeal. It has three (3) large 2bed+1bath, and seven (7) spacious 1bed+1bath units. All the tenant

Location

State CA

County Los Angeles

Zoning LCC3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl, Carpet, Wood

Fireplace No

Laundry Common Area, Other

Exterior

View Y/N false

View None

Building

Lot Description Corner Lot, Level, Other

New Construction No

Others

Tax ID 8573033006

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Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Handoko Chen • Growth Investment Group Pasade
Danielle Broad

+1(925) 383-9200

smiles4dee@gmail.com

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