Description
4456 Temple City Blvd, a pride-of-ownership 8-unit Townhouse Style condominiums in the heart of Temple City, California. The property offers a very convenient location nearby Downtown Temple City and within minutes to Valley Blvd corridor and Santa Anita Mall Arcadia. It has an excellent demographics with an average household income of ±$108,202 within a mile radius. The property has been with the same ownership since 1987. This offering is unique due to its location, seller financing possibility, and multiple future expansion potential (ADU units or add units and then add ADU units). Most of the tenants are month-to-month and the last rent increases were done in 2019 (2 tenants never had rent increases) which provides immediate upside for new owner to increase rents by a 10% maximum allowed per Statewide AB1482.
The property was built in 1986 as condominiums with townhouse style layout. It is situated on a large ±25,172 SF R4 zoned lot which provides multiple future expansions possibilities (BUYER TO VERIFY WITH THEIR OWN ARCHITECT AND CONTRACTOR).
Because of its newer built, the property has many excellent features such as copper plumbing throughout, double pane windows, individual water meter for each unit, and central A/C and heating with individual water heater for each unit.
The property offers a pride of ownership and an excellent curb appeal atmosphere. It is a gated community with secured parking and beautiful landscaping with mature trees. It offers a two-story Townhouse style apartment layout on a large lot. It has a total of 9,696 SF total building and situated on a ±25,172 square feet lot. It offers superb unit mix of ALL Townhouse style 2bedroom+2bathroom units with direct access to a 2-car garage. Each unit has its own water meter, electric and gas meter, central A/C and heating, laundry hookups, vaulted ceiling in living room, and a private balcony. Each unit is large (±1200 SF estimated size) with plenty of natural light. The living room area has multiple arched windows, and 2nd floor has small mezzanine area that can be used as seating area.
Location
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Listing Agent: Han Chen Courtesy of: Growth Investment Group Pasade Office phone: 626-594-4900 Based on information from CRISNet MLS 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. Updated: 22nd March, 2023 5:10 AM (UTC)
