5122 Halifax, Temple City, California 91780, Temple City, 91780 - 4 bed, 3 bath
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Temple City, California 91780
This Rare Duplex plus Studio 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. While holding a Condition Rating of 4, the asset features a massive 13,499 SF lot, in-ground pool, and mountain views within the top-rated Temple City Unified School District. With three potential income streams and separate utility meters, it offers significant rental upside through modernization. This is an ideal acquisition for Owner-Occupants looking to house-hack or Value-Add 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 | 4 | 3 | 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 | 0.8 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, this multi-unit property is well-maintained but shows significant signs of age and dated styling. While the kitchen has been partially updated with white shaker cabinets and stone countertops, other areas feature 1960s-era wood paneling, plywood ceilings, and older fluorescent lighting. The property is functional and lived-in but requires cosmetic modernization and system updates to meet current 'good' or 'excellent' quality standards.
This rare configuration of a duplex plus a converted studio offers three potential income streams with separate meters for gas, water, and electricity, maximizing cash flow and investment flexibility.
The property sits on a substantial 13,499 SF lot featuring an in-ground pool and extensive parking options, including a detached two-car garage, multiple carports, and a long double-wide driveway.
Situated within the highly-rated Temple City Unified School District and just blocks from Live Oak Park, the property is positioned in a high-demand area that supports long-term value retention.
The studio unit is a converted pool house, which may present challenges regarding legal permitting and building code compliance that require thorough buyer due diligence.
Built in 1962, the property likely requires capital improvements or cosmetic updates to its original systems and interiors to achieve top-tier market rental rates.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| 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 | 8 | 230 | 11% |
Apr 14, 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