6036-6038 Temple City Boulevard, Temple City, CA 91780
Local realty services provided by:CENTURY 21 Affiliated
Listed by: handoko chen
Office: growth investment group pasade
MLS#:AR26008361
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,200,000
About this home
ALL UNITS are due for RENT INCREASES. Prime 6-unit Value-add near downtown Temple City, Class A Location, NO Local Rent Control, Temple City School District, Owner for 20 years, Large R4 Zone Lot (Clear ADUs Upside), Electrical panels upgraded. 6036-6038 Temple City Blvd, a 6-unit prime value-add apartment investment opportunity located in the highly desirable city of Temple City and within the Temple City School District. Temple City apartment market has always been known as a high-barrier-to-entry and no inventory market as there is always very limited numbers of multifamily community offered for sale. The properties are located a block from Temple City Downtown area and walking distance/minutes away from Temple Citys High school, elementary, and middle schools. Long time owner for 20 years, the property has been meticulously maintained with many upgrades! It is located next to and across from several newer SFR/Townhomes/PUD development. There is no local rent control in Temple City, thus providing maximum allowable rent increase (5% + CPI maximum 10%). The current income is low with an estimated 33% below market! The properties are offered at an attractive price per unit and offer a high 5.62% Proforma CAP Rate and 13x Proforma GRM, making this an attractive investment for a savvy buyer. The property consists of two buildings, a front single-story 4-unit and a 2-story duplex in the back (garage underneath). It has a total of 3,552 sf living space and is situated on a large 9,113 sqft lot R4 (high density) zone. It has an excellent curb-appeal and neatly manicured landsc...
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Home facts
- Listing ID #:AR26008361
- Added:101 day(s) ago
- Updated:April 25, 2026 at 02:03 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$2,200,000
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