Temple City, CA 91780,4533 Ellis Lane
Temple City, CA 91780,4533 Ellis Lane
Temple City, CA 91780,4533 Ellis Lane
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
15
May
Fri
16
May
Sat
17
May
$1,200,000
Est. payment /mo
6 Beds
3,538 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,538 sqft

Price per Sqft $339

MLS Listing ID CRP1-21746

Bedrooms 6

HOA Y/N No

Year Built 1979

Lot Size 9,607 Sqft

Acres 0.22

Property Sub-Type Quadruplex

Property Description

4 unit property built in 1978 located in Temple City near Lower Azusa Road with tremendous upside potential.Property size is 9,607 square feet with a two story building that contains 4 spacious apartments built over 6 individual garages in 3,538 square feet. A detached two-car garage is located at the rear of the property. Zoning is Temple City Multi-Use Low, MU-L District allowing for creative redevelopment and retail or service business use. The owners carefully updated and maintained the building over 2 decades and there are three occupied apartments with one vacant apartment unit that is 1 bedroom and 1 bath in size. The unit mix is 2, 2 bedroom apartments and 2, 1 bedroom apartments. See photos for detailed floor plan information from original plans. With no local rent controls, Temple City offers a stable and excellent investment location with high quality services and amenities. Current rents are well below market rate offering a new owner the ability to increase rents and rate of return. Attractive financing is available for owner-occupant buyers with one vacant unit available for immediate move in. Available to show at scheduled open houses and please do not disturb tenants or walk around property without an appointment.

Location

State CA

County Los Angeles

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Tile, Vinyl, Carpet

Fireplace No

Laundry Common Area, Community Facility, Dryer, Gas Dryer Hookup, Laundry Room, Washer, Other

Exterior

Exterior Feature Other

Utilities Available Other Water/Sewer, Sewer Connected

View Y/N false

View None

Total Parking Spaces 8

Building

Lot Description Other

New Construction No

Others

Tax ID 8592001008


Read Less Info
Bridge MLS
Listed by Adam Bray-Ali • Coldwell Banker Realty

GET MORE INFORMATION

agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

Name

Phone*

Message

Go tour this home

4533 Ellis Lane