5837 Oak Avenue, Temple City, California 91780, Temple City, 91780 - 0 bed, 0 bath
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Temple City, California 91780
This Income-Producing Triplex represents a High-Potential Investment Opportunity, listed at $1,480,000—positioned well below the $1,918,600 Fair Market Value by 22%. This significant valuation gap provides $438,600 in Instant Equity. While currently in Fair Condition, the asset features a detached front SFR and a rear duplex with Separate Utility Meters and Mountain Views. Located in the premier Temple City School District, the property benefits from high rental demand and includes Six Covered Carports. This is a strategic 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 |
|---|---|---|---|---|---|---|
★ 5837 Oak Avenue Subject | $1,480,000* List Price | 0 | 0 | 2,872 | $668 | - |
A 9459 Workman Avenue Sold | $1,570,000 | 0 | 0 | 2,439 | $644 | 0.1 mi |
B 9459 Workman Avenue Sold | $1,570,000 | 5 | 2 | 2,439 | $644 | 0.1 mi |
C 5635 Noel Dr Sold | $1,288,000 | 0 | 0 | 2,284 | $564 | 0.4 mi |
D 5650 Noel Drive Active | $1,658,000 List Price | 0 | 0 | 2,848 | $582 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1945, this triplex is functional and currently income-generating, but it is marketed specifically for its 'renovation potential.' The property features dated kitchen and bathroom styles, older appliances, and shows typical wear for a building of its age that has not undergone a recent comprehensive overhaul. While maintained for occupancy, it requires cosmetic and system updates to meet modern standards.
Situated within the highly-rated Temple City School District, the property ensures high tenant demand and strong long-term appreciation potential.
The layout of a detached front SFR plus a rear duplex, combined with separate gas and electric meters, provides excellent flexibility for owner-users or multi-tenant management.
Offering up to six covered carport spaces plus additional guest parking, the property addresses a common pain point in high-density rental markets, significantly increasing its appeal.
Built in 1945 and marketed with 'renovation potential,' the property likely requires significant capital expenditure to modernize systems and aesthetics.
With three units and extensive parking structures on a 7,162 SF lot, there is limited private outdoor space or green area for tenants, which may cap rental premiums.
Looking for a strong cash-flowing Investment property? Amazing Income-producing Triplex opportunity in Temple City ~ Generate Incredible & consistent cash flow with this high-performing & rare Triplex within the highly desirable & top-rated Temple City school district! This Triplex sits on an all-flat 7,162 SF lot size and comprises of a fully detached (Front 3 Bed/ 1 Bath ~Approx 894 SF) SFR + a rear Duplex (4 Beds/ 2 Baths ~Approx 1,978 SF total). The Front home includes its own separate Driveway, and the rear Duplex has the potential for up to 6 covered Carport spaces plus additional guest parking. This Triplex offers a prime & super convenient location within a highly desirable lovely tree-lined residential street Oak Ave. 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. 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 walking distance to a wide array of retail shopping centers, tasty restaurants, Ralphs supermarket, and everyday essentials/ beauty parlors/ 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 | 2,872 | 2,439 | 67% |
| Lot Size | 7,162 | 10,150 | 11% |
| Price | $1.48M | $1.55M | 44% |
| Price per sq ft | $515 | $644 | 11% |
| Built year | 1945 | 1954 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 230 | 11% |
Mar 10, 2026
$1,480,000
Initial Listing