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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR22134611
Sold Date 08/09/22
Bedrooms 6
HOA Y/N No
Lot Size 9,014 Sqft
Property Description
Great Development Opportunity with Temple City School District! Conveniently located Temple City triplex. Walking distance to Temple City elementary, middle and High School. A couple of blocks from best Temple City commercial area filled with lots of restaurants, shops, offices etc. Long term tenants and high rental income potential. Property zoned R3 and ideal for future multiple units. Seller previously got permitted to build 5 units two years ago; however, due to the pandemic, they could not start building, so it has now expired. Please check zoning and building requirement with city hall of Temple City.
Great Development Opportunity with Temple City School District! Conveniently located Temple City triplex. Walking distance to Temple City elementary, middle and High School. A couple of blocks from best Temple City commercial area filled with lots of restaurants, shops, offices etc. Long term tenants and high rental income potential. Property zoned R3 and ideal for future multiple units. Seller previously got permitted to build 5 units two years ago; however, due to the pandemic, they could not start building, so it has now expired. Please check zoning and building requirement with city hall of Temple City.
Location
State CA
County Los Angeles
Area Temple City (91780)
Zoning Assessor
Building
Lot Description Curbs
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with VIVIAN CHEN • GOLD COAST CAPITAL INVESTMENT