$1,480,000

5916 Rosemead Blvd Temple City, CA 91780

Estimated payment $8,753/month

Total Views 169,804
5 Beds
4 Baths
2,075 Sq Ft
$713 Price per Sq Ft

Highlights

  • Fireplace in Kitchen
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Longden Elementary School Rated A-
  • Wood Flooring
  • Fenced

About This Home

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:
• Two legal parcels with R-4 zoning
• Strong existing rental income
• Development potential for 6-unit multifamily or 6 subdivided lots (subject to city approval)
• Excellent walkability and access to amenities
• 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.

Listing Agent

Aldon Lai

High Ten Partners, Inc. Brokerage Phone: 626-552-1028 License #01855739 Listed on: 06/26/2025

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,271

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Needs Fence Repair
  • Back Yard

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 2,075 Sq Ft Home
  • 1-Story Property
  • Panel Doors
  • Wood Flooring
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 168
  • Tax Tract Number 5904
  • Assessor Parcel Number 5384016016
  • $544 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $110
  • Fuel Expense $65
  • Trash Expense $55
  • Operating Expense $2,100
  • Gross Income $20,400
  • Net Operating Income $13,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,271

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Price Per Unit: 740000
  • Property Attached: No
  • Zoning: R4*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5384016016
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: See Remarks
  • Door Features: Panel Doors
  • Entry Level: 1
  • Fireplace Features: Kitchen
  • Levels: One
  • Price Per Square Foot: 713.25

Exterior Features

  • Fence: Yes
  • Fencing: Needs Repair
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 55.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Electric Expense: 110.00
  • Fuel Expense: 65.00
  • Gross Income: 20400.00
  • Gross Scheduled Income: 20400.00
  • Lot Size Area: 8712.0000 Square Feet
  • Net Operating Income: 13000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 2100.00

Tax Info

  • Tax Census Tract: 4801.01
  • Tax Lot: 168
  • Tax Tract Number: 5904
  • TaxOtherAnnualAssessmentAmount: 544.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,271 $696,348 $580,292 $116,056
2024 $8,271 $682,695 $568,914 $113,781
2023 $8,083 $669,309 $557,759 $111,550
2022 $7,563 $656,186 $546,823 $109,363
2021 $7,704 $643,320 $536,101 $107,219
2019 $7,428 $624,240 $520,200 $104,040
2018 $7,251 $612,000 $510,000 $102,000
2016 $1,022 $62,401 $24,177 $38,224
2015 $1,005 $61,464 $23,814 $37,650
2014 $1,000 $60,261 $23,348 $36,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 For Sale $1,480,000 +133.1% $713 / Sq Ft
11/29/2016 11/29/16 Sold $635,000 -2.2% $482 / Sq Ft
10/09/2016 10/09/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $649,000 -- $492 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $635,000 Lawyers Title Company
Grant Deed $710,000 Old Republic Title Holding C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 Unknown
Previous Owner $412,000 Commercial
Previous Owner $250,000 New Conventional
Source: Public Records

About the Listing Agent

Aldon Lai

High Ten Partners, Inc.

(626) 542-7295

Section Image

Aldon Lai is a seasoned commercial real estate specialist with over 15 years of expertise across the Multifamily, Commercial Retail, and Warehouse sectors. Throughout his career, he has successfully represented a wide array of investors, facilitating transactions totaling over $200 million.

In the early 2000s, Aldon served as a vacant land property sales manager for a prominent Las Vegas development company, where he gained valuable experience managing diverse vacant land projects

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25143563

California Regional Multiple Listing Service (CRMLS)

APN: 5384-016-016