5916 Rosemead Blvd, Temple City, California 91780, Temple City, 91780 - 6 bed, 5 bath
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Temple City, California 91780
This property presents a High-Potential Investment Opportunity with a List Price of $1,488,888—positioned above the $1,241,485 Fair Market Value. While priced for its land value, the R-4 and R-2 Zoning across two contiguous parcels offers significant redevelopment upside. With a Condition Rating of 5, the aging infrastructure requires modernization, yet the Temple City Unified School District location ensures long-term demand. This asset provides stable rental income during the entitlement phase, making it a strategic acquisition for Buy-and-Hold Investors or Developers targeting high-density expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5916 Rosemead Blvd Subject | $1,488,888* List Price | 6 | 5 | 2,075 | $598 | - |
A 5650 Noel Drive Sold | $1,550,000 | 0 | 0 | 2,848 | $544 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, the property is over 80 years old and marketed primarily for its redevelopment and land value. While there are minor cosmetic updates like laminate flooring and mini-split HVAC units, the unfinished utility areas, dated wall heaters, and overall structure indicate a need for significant rehab or total redevelopment.
The property features R-4 and R-2 zoning across two contiguous APNs, offering significant opportunities for high-density redevelopment or expansion in a high-demand area.
Located within the award-winning Temple City Unified School District, this property commands premium value and ensures consistent demand from families and investors alike.
The property is currently tenant-occupied with established income, providing a stable cash flow for investors during the planning and entitlement phases of future development.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8395, other record lot size in square feet = 5124.
Built in 1940, the existing structures may require significant maintenance or modernization, which could impact net operating income if not immediately redeveloped.
The complexity of dual zoning and density potential requires the buyer to undertake extensive independent verification with the city, adding time and cost to the pre-development phase.
Rare Opportunity in the Award-Winning Temple City Unified School District! This unique property features two contiguous APNs with R-4 and R-2 zoning, offering exceptional possibilities for redevelopment, expansion, additional units, or future projects. Buyer shall independently verify zoning, permitted uses, density, and all development possibilities with the City. The property is currently tenant occupied, making it an attractive option for buyers planning for future use while the existing tenancy remains in place. Ideally located in one of the San Gabriel Valley’s most desirable neighborhoods, this property is approximately a 10-minute walk to GW Supermarket, Temple City Plaza, East West Bank, fitness centers, coffee shops, BBQ restaurants, and a wide variety of shopping and dining options. It is also conveniently close to award-winning schools, parks, public transportation, and major freeways. Properties offering two contiguous parcels, flexible zoning, and outstanding future potential are rarely available in Temple City. Whether your vision is redevelopment, expansion, or long-term ownership, this is a rare opportunity in a highly sought-after location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 5.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,075 | 2,440 |
| Lot Size | 8,395 | 18,524 |
| Price | $1.49M | $1.48M |
| Price per sq ft | $718 | $570 |
| Built year | 1940 | 1928 |
| HOA | $0 | $0 |
| Days on market | 14 | 62 |
Jul 8, 2026
$1,488,888
Initial Listing
Nov 29, 2016
$635,000
Public Record
Sep 30, 2011
$710,000
Public Record