INVESTMENT HIGHLIGHTS
- TWO houses on a large R3 lot
- Perfect for an owner-user (live in one unit, rent out the other)
- Long-time tenant with an excellent rental upside potential
- NON RENT CONTROL, NO SOFT STORY REQUIRED
- Excellent Location in the heart of Temple City; bordering Arcadia and within walking distance to Temple City Downtown on Las Tunas Drive and multiple major shopping centers
- Within Temple City School District which is recognized as "A District of Distinguished Schools"
- Strong demographics with ±$106,241 average household income within a 3-mile radius!
- Class A Location in one the most desirable and strongest rental markets in West San Gabriel Valley
- Excellent access to FWY 10, and 210; Close to many public transportations on Las Tunas Dr and Rosemead Blvd.
EXECUTIVE SUMMARY
6225-6227 Temple City Blvd. is a 2-house property located in the highly-desirable city of Temple City and within the prestigious Temple City school district. The property is in an excellent location on Temple City Blvd bordering City of Arcadia. It is within walking distance to Longden Elementary School, Temple City Library, and downtown Temple City (Las Tunas Drive). It offers excellent curb appeal with a circular driveway for the front house and garage parking in the back. It is situated on a large 9,546 SF lot and has an attractive R3 zoning for possible redevelopment. The front house is a 3 bedroom + 1 bathroom + den (currently used as 4th bedroom) complete with laundry hookups, central A/C and heating, and 2 car garages in the back. The back house is a 2 bedroom + 1 bathroom with fireplace, laundry hookups, central A/C and heating, and 2 car garages in the back. Both houses are rented out to long-time tenants which provides significant rental upside potential for long-term investment or could be used as an owner user property (live in one, rent the other). Parking is provided by a 4-car garage and additional carport spaces.
The property is in the heart of Temple City with just steps away from Temple City Downtown area and several major community shopping centers with local and national retailers. It is within Temple City Unified School District which is recognized as "A District of Distinguished Schools" as all the public schools have been awarded the Distinguished School Award by the California Department of Education, placing each awarded school in the top five percent of California's public schools in the given year.
Cloverly Elementary School (grades 4–6) was the first to receive the award, in 1995. The District's intermediate school, Oak Avenue Intermediate School (grades 7–8), and comprehensive high school, Temple City High School (grades 9–12), received the award in 1996. One year later, in 1997, both Emperor Elementary School (grades K–6) and La Rosa Elementary School (grades K–3) received the award, followed by Longden Elementary School (grades K–6) in 2004.