5122 Halifax, Temple City, California 91780, Temple City, 91780 - 0 bed, 0 bath
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Temple City, California 91780
This Rare Multi-Unit Income Property is a Prime Investment Opportunity, listed at $1,550,000—positioned well below the $1,626,837 Fair Market Value by 4%. This valuation gap provides $76,837 in Instant Equity for the buyer. Featuring a duplex plus a studio conversion on an expansive 13,503 SF Lot, the asset includes an In-Ground Pool and sits within the prestigious Temple City Unified School District. Currently holding a Condition Rating of 4, it offers significant rental upside through modernization. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5122 Halifax Subject | $1,550,000* List Price | 0 | 0 | 2,251 | $723 | - |
A 5333 El Monte Avenue Sold | $1,234,000 | 4 | 2 | 1,736 | $711 | 0.3 mi |
B 5220 Myrtus Avenue Sold | $1,400,000 | 5 | 2 | 1,878 | $745 | 0.9 mi |
C 5122 Halifax Active | $1,550,000 List Price | 4 | 3 | 2,251 | $689 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the property is well-maintained but shows significant signs of age with only partial updates. While the kitchen features newer white cabinetry and stone countertops, other interior areas retain dated wood paneling, older light fixtures, and aged ceiling treatments. The property is functional and move-in ready but requires cosmetic modernization and potential addressing of deferred maintenance to meet current market standards.
This rare multi-unit configuration featuring a duplex plus a studio offers exceptional flexibility for investors seeking strong rental yields or owner-occupants looking for multi-generational living options.
The property sits on a substantial 13,499 SF lot and includes a private in-ground pool and extensive parking options, providing significant value-add appeal in a desirable residential neighborhood.
Equipped with separate meters for gas, water, and electricity, the property simplifies management and reduces overhead costs for owners by allowing tenants to be responsible for their own utility usage.
The conversion of the pool house into a studio may lack proper permitting, requiring the buyer to conduct extensive due diligence to ensure legal compliance and eligibility for traditional financing.
A significant $400,000 price reduction within a short period suggests initial overvaluation or potential deferred maintenance that may require additional capital investment from the buyer.
Wonderful & ideal investment Property located within a lovely residential neighborhood in Temple City! Wow! This rare Duplex + Studio Income Property possesses nice charm and character, and most importantly, possesses strong rental capabilities OR owner-occupy potential flexibility. Property features a large 13,499 SF Lot Size and comprises a front house with 2 bedrooms, 1.5 baths, and an attached covered carport and separate driveway for Parking; The rear house features 2 bedrooms, 1 bath and an attached covered carport as well as a detached two-car garage; Additionally, the pool house has been converted to a studio with 1 bathroom. In addition, Property also features a double-wide elongated concrete Driveway for plenty of Parking as well as an In-ground pool which is a nice value-add bonus for properties in CA. (2) Separate Meters for Gas, Water, and Electricity. Buyer shall be responsible to verify all info to own satisfaction and conduct due diligence and investigations regarding all aspects about the Property. Close proximity to plenty of retail shopping, wide array of restaurants and amenities, public transportation, and just a few blocks away from Live Oak Park!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 44% |
| Baths | 0.0 | 2.0 | 44% |
| Square foot | 2,251 | 2,284 | 44% |
| Lot Size | 13,503 | 13,503 | 50% |
| Price | $1.55M | $1.55M | 50% |
| Price per sq ft | $689 | $644 | 56% |
| Built year | 1962 | 1955 | 78% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 230 | 11% |
Apr 9, 2026
$1,550,000
$1,950,000
-21% Price Drop
Initial Listing
Mar 10, 2026
$1,950,000
Initial Listing
Nov 29, 2023
$1,400,000
Public Record
Feb 26, 2015
$820,000
Public Record
Dec 15, 2004
$655,000
Public Record