$1,000,000
$1,050,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
3,188 SqFt
SOLD DATE : 05/17/2021
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,188 sqft
Price per Sqft $313
MLS Listing ID AR21038467
Sold Date 05/17/21
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1962
Lot Size 10,890 Sqft
Property Description
Bursting with potential and located in a convenient area in Temple City, there’s much to appreciate about this ideal opportunity for the savvy Cash buyer! This exciting development opportunity will make your imagination run wild with possibilities. Currently, the property is used as a warehouse with ample storage, office space, and parking however the site has been rezoned to R2 with the potential to construct up to three units on the lot and capitalize on the strong demand for quality residential accommodation in the area. The existing layout is generous and flexible with the ability to be adapted to suit your needs. There's a kitchen, laundry hook-ups, two bathrooms, a living room, and the bedroom is currently set up as an office. You'll have plenty of storage in the back in addition to the huge warehouse with an additional bathroom that can even fit an RV or large truck through the convenient pass through roll-up doors. All this is set within a central location with quick access to shopping, schools, and dining options, adding further appeal to this must-see property. Do your due diligence and come take a tour while you still can to take advantage of this amazing investment opportunity! Buyer advised to verify all info
Location
State CA
County Los Angeles
Area 661 - Temple City
Zoning TCM1YY
Rooms
Main Level Bedrooms 2
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage On Site, RV Access/Parking
Pool None
Community Features Curbs, Street Lights
View Y/N Yes
View Peek-A-Boo
Parking Type On Site, RV Access/Parking
Private Pool No
Building
Story One
Entry Level One
Sewer Public Sewer
Water See Remarks
Level or Stories One
New Construction No
Schools
Elementary Schools La Rosa
Middle Schools Oak Ave
High Schools Temple City
School District Temple City Unified
Others
Senior Community No
Tax ID 5388013023
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Shumei Kam • Coldwell Banker George Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "