5122 Halifax, Temple City, California 91780, Temple City, 91780 - 4 bed, 3 bath
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Temple City, California 91780
This High-Potential Investment Opportunity is a Residential Income Duplex listed at $1,550,000, positioned slightly above the $1,513,745 Fair Market Value. While not a discount play, the property offers significant stability through its 13,503 SF lot, separate utility metering, and a 3-unit configuration including a studio conversion. With a Condition Rating of 4, the asset requires modernization to maximize rental yields. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the in-ground pool and flexible income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5122 Halifax Subject | $1,550,000* List Price | 4 | 3 | 2,251 | $672 | - |
A 5550 El Monte Sold | $1,300,000 | 5 | 3 | 2,440 | $533 | 0.5 mi |
B 5001 Glickman Sold | $1,388,000 | 0 | 0 | 2,095 | $663 | 0.3 mi |
C 5333 El Monte Avenue Sold | $1,234,000 | 4 | 2 | 1,736 | $711 | 0.3 mi |
D 5122 Halifax Active | $1,550,000 List Price | 0 | 0 | 2,251 | $689 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this multi-unit property is functional but significantly dated. The kitchens and bathrooms feature finishes and cabinetry that appear to be 20-30 years old. Interior details, such as the exposed plywood ceilings and older tile flooring, along with the presence of wall/window AC units rather than central HVAC, indicate the need for modernization and minor repairs to meet current market standards.
This rare multi-unit configuration featuring a duplex plus a studio conversion offers exceptional rental yield and flexible owner-occupancy options in a desirable neighborhood.
The massive 13,499 SF lot provides a long double-wide driveway, multiple carports, and a detached garage, easily accommodating parking needs for all three units.
The property features separate meters for gas, water, and electricity, significantly reducing landlord overhead and simplifying utility management for multiple tenants.
The studio is a converted pool house, which may require extensive due diligence to ensure all modifications meet local building codes and zoning requirements.
Although located in Temple City, the property is served by the El Monte Union High School District, which may be less desirable for buyers specifically seeking the Temple City Unified School District.
Excellent investment opportunity situated in a desirable residential neighborhood of Temple City. This rare duplex plus studio income property offers both strong rental potential and flexible owner-occupancy options. Set on an expansive 13,499 SF lot, the property features a front residence with 2 bedrooms and 1.5 bathrooms, complete with an attached covered carport and separate driveway for parking. The rear residence includes 2 bedrooms and 1 bathroom, along with its own covered carport and a detached two-car garage. The former pool house has been converted into a studio unit with 1 bathroom, adding further income possibilities. The property also boasts a long double-wide concrete driveway providing ample parking space, as well as an in-ground pool,a desirable amenity in California that enhances both lifestyle appeal and value-add potential. There are two separate meters for gas, water, and electricity. Buyer to independently verify all information and conduct their own due diligence regarding all aspects of the property. Conveniently located near a variety of retail shops, restaurants, public transportation, and just blocks from Live Oak Park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,251 | 2,440 |
| Lot Size | 13,503 | 18,524 |
| Price | $1.55M | $1.48M |
| Price per sq ft | $689 | $570 |
| Built year | 1962 | 1928 |
| HOA | $0 | $0 |
| Days on market | 22 | 62 |
Jun 30, 2026
$1,550,000
Initial Listing
Nov 29, 2023
$1,400,000
Public Record
Feb 26, 2015
$820,000
Public Record
Dec 15, 2004
$655,000
Public Record