Temple City, CA 91780,6036 Temple City Boulevard
Temple City, CA 91780,6036 Temple City Boulevard
Temple City, CA 91780,6036 Temple City Boulevard
Temple City, CA 91780,6036 Temple City Boulevard
Temple City, CA 91780,6036 Temple City Boulevard
Temple City, CA 91780,6036 Temple City Boulevard
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Craig Hulbert

Craig Hulbert

+1(858) 752-3447
$ 2,200,000
Est. payment | /mo

3 Beds

3 Baths

9,113 Sqft Lot

Save Virtual Tour
$ 2,200,000
Est. payment | /mo
Save Virtual Tour

3 Beds

3 Baths

9,113 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26008361

Bedrooms 3

Lot Size 9,113 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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 landscaping. The property has good unit mix

Location

State CA

County Los Angeles

Zoning Assessor

Direction Huntington Dr go south on Temple City Blvd, property is on the left side 1 block north of Las Tunas Dr.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5385014018

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://growthinvestmentgroup.com/listingdetail.aspx?pid=10522

MLS Router / San Diego MLS
Listed by Handoko Chen Growth Investment Group Pasade

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Holly Avenue Elementary School

    Public | KG - 5

  • 10

    Longley Way Elementary School

    Public | KG - 5

  • 9

    Carver Elementary School

    Public | KG - 5

  • 9

    Mildred B. Janson Elementary School

    Public | KG - 6

  • 9

    Baldwin Stocker Elementary School

    Public | KG - 5

  • 9

    Camino Grove Elementary School

    Public | KG - 5

  • 8

    Wilson Elementary School

    Public | KG - 5

  • 8

    Emma W. Shuey Elementary School

    Public | KG - 6

  • 8

    Emperor Elementary School

    Public | KG - 6

  • 8

    La Rosa Elementary School

    Public | KG - 3

  • 8

    Longden Elementary School

    Public | KG - 6

  • 8

    Cloverly Elementary School

    Public | 4 - 6

  • 7

    Washington Elementary School

    Public | KG - 5

  • 7

    Dewey Avenue Elementary School

    Public | KG - 6

  • 7

    Hugo Reid Elementary School

    Public | KG - 5

  • 7

    Rio Vista School

    Public | KG - 6

  • 7

    Cleminson School

    Public | KG - 6

  • 6

    Emerson (Ralph Waldo) Elementary School

    Public | KG - 6

  • 6

    McKinley Elementary School

    Public | KG - 5

  • 6

    Savannah Elementary School

    Public | KG - 6

Middle Schools 14
  • 10

    Foothills Middle School

    Public | 6 - 8

  • 9

    Oak Avenue Intermediate

    Public | 7 - 8

  • 9

    Richard Henry Dana Middle School

    Public | 6 - 8

  • 9

    First Avenue Middle School

    Public | 6 - 8

  • 7

    Jefferson Middle School

    Public | 6 - 8

  • 7

    Muscatel Middle School

    Public | 7 - 8

  • 4

    Wilson Middle School

    Public | 6 - 8

  • 2

    Options for Youth San Gabriel

    Public | 7 - 12

  • 1

    Opportunities for Learning - Baldwin Park II

    Public | 7 - 12

  • 1

    Opportunities for Learning - Santa Clarita

    Public | 7 - 12

  • 0

    Learning Works

    Public | 7 - 12

  • 0

    Rosemary School

    Private | 8 - 12

  • 0

    New Life Christian School

    Private | 6 - 12

  • 0

    Rio Hondo Preparatory School

    Private | 6 - 12

High Schools 13
  • 10

    San Marino High School

    Public | 9 - 12

  • 9

    Gabrielino High School

    Public | 9 - 12

  • 9

    Temple City High School

    Public | 9 - 12

  • 9

    Arcadia High School

    Public | 9 - 12

  • 7

    Rosemead High School

    Public | 9 - 12

  • 7

    Monrovia High School

    Public | 9 - 12

  • 6

    Arroyo High School

    Public | 9 - 12

  • 4

    El Monte High School

    Public | 9 - 12

  • 0

    Del Mar High School

    Public | 10 - 12

  • 0

    Dr. Doug Sears Learning Center

    Public | 9 - 12

  • 0

    Arroyo Pacific Academy

    Private | 9 - 12

  • 0

    Arcadia College Preparatory

    Private | 9 - 12

  • 0

    El Monte Union High School Community Day

    Public | 9 - 12

School and business data provided by Attom Data.
Craig Hulbert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 752-3447

craig.hulbert@exprealty.com

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6036 Temple City Boulevard