$2,100,000

9628 Broadway Temple City, CA 91780

Total Views 120
5 Beds
2 Baths
4,755 Sq Ft
$442 Price per Sq Ft

Highlights

  • 0.63 Acre Lot
  • No HOA
  • Laundry Room
  • La Rosa Elementary Rated A
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

About This Home

The Broadway Cottages are a charming, low-density cottage-style apartment community featuring 5 freestanding homes, each with private yards, patios, and garage parking. Built in 1957 on a 27,242 SF lot, the property offers a desirable residential feel with individual living spaces and strong tenant appeal. The buildings total 4,755 SF and includes a unit mix of four 2-bedroom/1-bath units and one 3-bedroom/1-bath unit. Each unit features in-unit washer/dryer hookups, wall A/C, gas heating, and individual gas, electric, and hot water metering. Additional features include 11 parking spaces (5 garages + 6 open) and shared green space in front of the cottages. The property is located in TCR105 zoning and is subject to statewide rent control (AB 1482), with no local city rent control.

Listing Agent

Kevin Lutz

Keller Williams Realty/Pasadena Brokerage Phone: 626-429-0685 License #00925595 Listed on: 03/11/2026

Keller Williams Realty/Pasadena

Co-Listing Agent

Kevin Hurley

Keller Williams Realty/Pasadena Brokerage Phone: 626-429-0685 License #01237798

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1957

Lot Details

  • 0.63 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 6 Open Parking Spaces
  • 5 Car Garage

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,755 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 8588023014
  • $2,947 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,000
  • Insurance Expense $4,566
  • Maintenance Expense $7,157
  • Other Expense $2,947
  • Trash Expense $1,683
  • Water Sewer Expense $4,800
  • New Taxes Expense $23,471
  • Operating Expense $47,624
  • Gross Income $115,702
  • Net Operating Income $68,077

Property Details

Home Type

Apartment

Year Built

Built in 1957

Lot Details

0.63 Acres

Parking

5

Listing Details

  • Assessments: Yes
  • CapRate: 3.24
  • Property Attached: No
  • Water Sewer Expenses: 4800.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 8588023014
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 441.64

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1683.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 27242.00
  • Lot Size Acres: 0.6254

Multi Family

  • Average2 Bed Area: 842 Square Feet
  • Average3 Bed Area: 1151 Square Feet
  • Gross Income: 115702.00
  • Gross Multiplier: 17.61
  • Gross Operating Income: 115702.00
  • Gross Scheduled Income: 119280.00
  • Insurance Expense: 4566.00
  • Lot Size Area: 27242.0000 Square Feet
  • Maintenance Expense: 7157.00
  • Maintenance Percent: 6.00
  • Net Operating Income: 68077.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Patio: 5
  • Operating Expense: 68077.00
  • Other Expense: 2947.00
  • Other Expense Description: DA's
  • Rent Control: Yes
  • Total Expenses: 47624.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 23471.00
  • Tax Lot: 39
  • Tax Tract Number: .
  • TaxOtherAnnualAssessmentAmount: 2947.00

Map

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Home Values in the Area

Source: Public Records

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Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2026 03/11/26 For Sale $2,100,000 -- $442 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS26048595

California Regional Multiple Listing Service (CRMLS)
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