4917 Encinita Avenue, Temple City, California 91780, Temple City, 91780 - 4 bed, 2 bath
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Temple City, California 91780
This industrial-zoned property presents a High-Potential Investment Opportunity with a List Price of $1,385,000—positioned well below the $1,437,633 Fair Market Value by 3%. This valuation gap offers $52,633 in Instant Equity. Featuring R2 Zoning and a versatile 3,188 SF multi-unit configuration, the property requires significant modernization given its Condition Rating of 5. Located in the Temple City Unified School District, this asset is ideal for Buy-and-Hold Investors or Developers seeking to leverage the expansive 12,192 SF lot for future growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4917 Encinita Avenue Subject | $1,385,000* List Price | 4 | 2 | 3,188 | $451 | - |
A 9109 Olive Street Sold | $1,800,000 | 5 | 6 | 3,422 | $526 | 0.5 mi |
B 9168 Wedgewood Lane Sold | $1,310,000 | 5 | 3 | 2,602 | $503 | 0.7 mi |
C 5403 Temple City Active | $1,650,000 List Price | 5 | 3 | 3,495 | $472 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 (62 years old) with no evidence of modern renovations. The interior photos reveal a bathroom in a state of severe neglect or mid-rehab with unfinished walls and exposed framing. The kitchen is dated with old cabinetry and fluorescent lighting, while the use of window AC units indicates a lack of updated central HVAC systems. The property is primarily marketed for its industrial utility and R2 zoning development potential rather than residential move-in readiness.
The property sits on a generous 12,192 SF lot with R2 zoning, offering a rare opportunity for multi-unit development or the addition of ADUs in a high-demand residential area.
With 3,188 SF of building space divided into two separate units plus a 2,000 SF warehouse, the layout provides exceptional flexibility for owner-users, multi-generational living, or rental income.
Located within the highly-rated Temple City Unified School District, the property benefits from strong long-term value retention and high appeal for families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The description emphasizes industrial and manufacturing potential, yet the R2 residential zoning and 'Single Family Residence' classification may create significant permitting and financing hurdles for non-residential buyers.
Built in 1962 and currently utilized for warehouse/industrial purposes, the structure likely requires significant capital investment to update systems and finishes to meet modern residential standards.
Explore the potential of this exceptional industrial property in Temple City, CA. Boasting a spacious 3,188 SF building with 2 separate units and an approximately 2,000 sf warehouse, this prime investment opportunity presents versatility and functionality for industrial and manufacturing pursuits. The property's construction in 1962 with R2 zoning offering a range of development prospects, check with the City. Located in the dynamic Temple City area, this property is strategically positioned to support various industrial ventures and provides an ideal foundation for expansion or establishment. With its strategic location and versatile layout, this property is primed to support diverse industrial and manufacturing operations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 3,188 | 1,808 |
| Lot Size | 12,192 | 7,641 |
| Price | $1.39M | $1.18M |
| Price per sq ft | $434 | $721 |
| Built year | 1962 | 1949 |
| HOA | $0 | $250 |
| Days on market | 2 | 45 |
Jul 20, 2026
$1,385,000
Initial Listing
May 17, 2021
$1,000,000
Public Record