5940 Temple City Blvd Temple City, CA 91780
Estimated payment $10,518/month
Highlights
- Lawn
- Laundry Room
- 1-Story Property
- Longden Elementary School Rated A-
- Rectangular Lot
- 3-minute walk to Primrose Park
About This Home
Rare Mixed-Use Property in Prime Temple City Location! Don’t miss this exceptional investment opportunity located in the highly sought-after Temple City Las Tunas Corridor. Perfectly positioned among thriving new businesses with excellent visibility, this property offers unbeatable exposure and is directly across from the city's new park with ample city parking. This unique mixed-use property includes: 1 Commercial Retail Unit: Ideally situated at the front, maximizing visibility and foot traffic. 3 Detached Charming Cottages: Each featuring 1 bedroom and 1 bath, providing cozy, private living spaces. Convenient Amenities: A shared laundry room and dedicated 3-car parking area accessible from the rear alley, ensuring added convenience for tenants. This property’s prime location and versatile setup make it a rare find with significant investment potential.
Listing Agent
Exp Realty of California Inc Brokerage Email: alanwingng@gmail.com License #01934394 Listed on: 02/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,203
Year Built
- Built in 1941
Lot Details
- 8,485 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Lawn
Parking
- 3 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,798 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 197
- Tax Tract Number 6561
- Assessor Parcel Number 8587019029
- $11,202 per year additional tax assessments
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $2,712
- Insurance Expense $5,230
- Trash Expense $1,255
- Operating Expense $9,197
- Gross Income $61,200
- Net Operating Income $40,861
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,203 | $890,313 | $492,568 | $397,745 |
| 2024 | $11,203 | $872,857 | $482,910 | $389,947 |
| 2023 | $10,954 | $855,743 | $473,442 | $382,301 |
| 2022 | $10,278 | $838,964 | $464,159 | $374,805 |
| 2021 | $10,440 | $822,514 | $455,058 | $367,456 |
| 2019 | $10,077 | $798,119 | $441,561 | $356,558 |
| 2018 | $9,815 | $782,470 | $432,903 | $349,567 |
| 2016 | $9,400 | $752,088 | $416,094 | $335,994 |
| 2015 | $9,239 | $740,792 | $409,844 | $330,948 |
| 2014 | $9,098 | $726,282 | $401,816 | $324,466 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | For Sale | $1,798,800 | -- | $643 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $724,000 | Chicago Title Company | |
| Grant Deed | -- | Southland Title Company | |
| Grant Deed | $600,000 | Security Union Title Ins Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $420,000 | Commercial | |
| Previous Owner | $500,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25043780
APN: 8587-019-029
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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