5650 Noel Drive, Temple City, California 91780, Temple City, 91780 - 0 bed, 0 bath
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Temple City, California 91780
This Income-Producing Quadplex represents a Strong Value Opportunity, listed at $1,658,000—positioned well below the $1,852,743 Fair Market Value by 10%. This valuation gap provides $194,743 in Instant Equity. Currently in Fair Condition, the asset offers significant upside through interior modernization of its four units. Situated in the Top-Rated Temple City School District with Separate Utility Meters and Four Private Garages, the property ensures consistent rental demand and low owner overhead. This is a high-performing acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5650 Noel Drive Subject | $1,658,000* List Price | 0 | 0 | 2,848 | $651 | - |
A 5635 Noel Dr Sold | $1,288,000 | 0 | 0 | 2,284 | $564 | 0.0 mi |
B 9459 Workman Avenue Sold | $1,570,000 | 0 | 0 | 2,439 | $644 | 0.3 mi |
C 9459 Workman Avenue Sold | $1,570,000 | 5 | 2 | 2,439 | $644 | 0.3 mi |
D 5837 Oak Avenue Active | $1,480,000 List Price | 0 | 0 | 2,872 | $515 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this quadplex is a well-maintained income property that remains functional but shows significant signs of age. The kitchens and bathrooms feature dated cabinetry and older appliances, and the listing explicitly mentions 'renovation potential.' While the units are currently habitable and cash-flowing, the property lacks recent comprehensive updates to its major systems and interior finishes, placing it squarely in the fair category.
Situated within the highly desirable Temple City School District, the property benefits from consistent rental demand and high occupancy rates driven by families seeking quality education.
As a quadplex, the property qualifies for residential financing rates rather than commercial loans, and separate gas/electric meters minimize owner utility expenses.
The inclusion of four individual detached garages plus additional off-street parking is a significant competitive advantage in a high-density rental market.
Built in 1953, the property may require significant capital expenditure for modernization and maintenance to address aging systems and achieve market-leading rents.
With an average unit size of approximately 712 square feet, the relatively small floor plans may limit the property's appeal to tenants desiring more spacious accommodations.
Looking for a strong cash-flowing Investment property? Amazing Income-producing Quadplex opportunity in Temple City ~ Generate Incredible & consistent cash flow with this high-performing & rare income Property within the highly desirable & top-rated Temple City school district! This Quadplex sits on an all-flat 7,781 SF lot size and comprises of 4 total units: (2) 2 Bed/ 1 Bath units + (2) 1 Bed/ 1 Bath ~ Altogether Approx 2,848 SF total sq footage. In addition, the detached rear Parking structure is equipped with (4) individual garages for Parking and/or storage for each unit. Bonus additional parking may be accommodated if necessary and plenty of street parking. This property offers a prime & super convenient location within a highly desirable and quiet/ tranquil cul-de-sac street perfectly tucked away from the noise and traffic from Rosemead Blvd & Las Tunas Dr. This Property already offers Investors great monthly cash flow, and possesses future development or Renovation potential that can appeal to any Buyer or Investor. Property qualifies for improved Financing rates & simpler process in comparison to 5+ unit Income properties. Property is fully equipped with Separate Gas & Electricity meters where tenants pay own expense. Buyer shall conduct own due diligence with own professionals and is invited to explore all the wonderful potential and possibilities this Property can provide. Strong income potential, especially considering the highly rated Temple City Schools that attracts renters easily and quickly whenever you might have a vacancy. Conveniently situated within the heart of Temple City and near a wide array of retail shopping centers, tasty restaurants, Ralphs supermarket, and everyday essentials/ cosmetic & beauty salons/ services etc. With so much conveniences and activities nearby, come discover the great possibilities with this Income-generating property and maximize its true potential!
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 | 2,848 | 2,439 | 67% |
| Lot Size | 7,781 | 10,150 | 11% |
| Price | $1.66M | $1.57M | 67% |
| Price per sq ft | $582 | $644 | 33% |
| Built year | 1953 | 1954 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 230 | 11% |
Mar 11, 2026
$1,658,000
Initial Listing