4533 Ellis Lane, Temple City, CA 91780 - Berkshire Hathaway HomeServices California Properties
4533 Ellis Lane Temple City, CA 91780
$1,200,000 0 beds, 0 baths
0 sqft

Agent Remarks

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.

Listing Details

Trust & Probate
Property type: Quadruplex (Multi-Family)
Status: Active Under Contract
MLS# P1-21746
List price is $1,200,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1979
2 stories
0.22 acres
Lot size: 0.2205
Subdivision: Not Applicable
County: Los Angeles
Property style: Contemporary
Construction: Stucco,Wood Siding
Appliances: Gas Range,Refrigerator,Dryer,Washer
Parking description: Assigned,Door-Multi,Door-Single,Driveway,Garage,On Site,Paved,Garage Faces Side
Lot description: TwoToFiveUnitsAcre,Near Public Transit
Heating/cooling: Central Air
Heating description: Central
MLS area: 661 - Temple City

Last Updated: 5/3/2025

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This listing belongs to the 661 - Temple City MLS area

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The style of this listing is Contemporary.
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Lat/Long: 34.089349, -118.055480.
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Listing Agent: Adam Bray-Ali
Lic#: 01234982
Office Name: Mission Viejo

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