5916 Rosemead Boulevard new Save Request In-Person Tour Request Virtual Tour
Temple City,CA 91780
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,075 sqft
Price per Sqft $713
MLS Listing ID AR-25143563
Style Traditional
Year Built 1940
Lot Size 8,712 Sqft
Property Sub-Type Duplex
Property Description
Exceptional Investment & Development Opportunity in Prime Temple City Location & School. Strategically located within walking distance to Camellia Square, popular restaurants, fitness centers, grocery stores, bus stops, TJ Maxx, bakeries, cafes, and personal care services, this income-generating property offers both immediate cash flow and long-term development potential. The offering includes two contiguous parcels (APNs: 5384-016-020 & 5384-016-016), both zoned R-4, presenting a rare opportunity for medium-density residential redevelopment in one of Temple City's most desirable neighborhoods. When combined, the properties provide the potential to develop up to six multi-family units or subdivide into six individual lots, subject to verification and approval by the City of Temple City Planning Division. The existing improvements include multiple rental units and a permitted guest house, offering stable income while entitlement and planning processes are underway. Whether you are a developer, investor, or builder, this is an ideal acquisition for those seeking to capitalize on high-demand housing and a well-connected urban setting. Key Highlights: o Two legal parcels with R-4 zoning o Strong existing rental income o Development potential for 6-unit multifamily or 6 subdivided lots (subject to city approval) o Excellent walkability and access to amenities o High-growth area with strong buyer and tenant demand This is a rare opportunity to secure a high-value land position with strong upside potential in a premier San Gabriel Valley location.
Location
State CA
County Los Angeles
Area 661 - Temple City
Zoning R4*
Interior
Heating Wall Furnace
Flooring Wood
Fireplaces Type Kitchen
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Street Lights
Utilities Available Water Connected
Building
Lot Description Back Yard
Sewer Public Sewer