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.
MLS #
CRP1-21746
MLS Source
California Regional MLS
Appliances
Oven Range - Gas, Refrigerator, Dryer, Washer
Flooring
Laminate
Laundry
Community Facility
Cooling
Central Forced Air
Heating
Central Forced Air
Foundation
Slab
Pool
None
Style
Contemporary
Garage/Parking
Assigned Spaces, Attached Garage, Common Parking Area, Garage, Other, Garage: 8 Car(s)
Water
Private
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 3 | – |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 792 | – | 0/0 | – |
2 | 925 | – | 0/0 | – |
4533 Ellis Ln is a Residential Income in Temple City, CA 91780. This – square foot property sits on a 9,607 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,385,000 and was built in 1979.
This address can also be written as 4533 Ellis Ln, Temple City, CA 91780.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 19, 2025. For the most current information, please contact Adam Bray-Ali, (213) 399-1940