Prime 10-unit Value-add in Temple City, First Time for Sale Since 2011, Newer Construction built in 1978, Clear Upside with 6.34% 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 6.45% Proforma CAP Rate and 11.09x 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 tenan
MLS #
CRAR25202976
MLS Source
California Regional MLS
Days on Site
11
Appliances
Dishwasher, Oven Range - Gas
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Shingle
Foundation
Raised
Style
Traditional
Garage/Parking
Assigned Spaces, Detached, Garage: 15 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 10 | – |
5305 Tyler Ave is a Residential Income in Temple City, CA 91780. This – square foot property sits on a 17,928 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,980,000 and was built in 1978.
This address can also be written as 5305 Tyler Ave, Temple City, CA 91780.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 09, 2025. For the most current information, please contact Handoko Chen, (626) 594-4900