5916 Rosemead, Temple City, California 91780, Temple City, 91780 - 0 bed, 0 bath
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Temple City, California 91780
This High-Density Development Asset represents a premier acquisition, listed at $1,580,000 and positioned relative to its $1,481,055 Fair Market Value. The primary value driver is the rare R-4 Zoning across two contiguous parcels, offering significant multi-unit redevelopment potential in the San Gabriel Valley. Currently holding a Condition Rating of 5, the aging structures provide immediate cash flow through multiple rental units during the entitlement process. Situated in the prestigious Temple City Unified School District, this is a high-upside project for Developers and Savvy Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5916 Rosemead Subject | $1,580,000* List Price | 0 | 0 | 2,075 | $714 | - |
A 6433 6433 Livia Sold | $1,250,000 | 3 | 3 | 2,040 | $613 | 0.6 mi |
B 9711 Garibaldi Avenue Sold | $1,292,000 | 4 | 3 | 1,614 | $800 | 0.9 mi |
C 5716 Alessandro Sold | $1,200,000 | 2 | 1 | 1,308 | $917 | 0.5 mi |
D 5327 Buttons Avenue Sold | $1,250,000 | 3 | 2 | 1,761 | $710 | 0.9 mi |
E 8814 Longden Active | $1,250,000 List Price | 5 | 2 | 1,972 | $634 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, this property is marketed primarily as a development and investment opportunity rather than a move-in ready home. Exterior images show significant neglect, including overgrown landscaping, weathered structures, and aging infrastructure. While the listing mentions 'immediate financial stability' through rental units, the lack of interior photos and the heavy emphasis on R-4 zoning and redevelopment potential suggest the existing structures require substantial repairs and are nearing the end of their functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2075.
The property features R-4 zoning across two contiguous parcels, offering a rare and lucrative opportunity for multi-unit redevelopment in the high-demand San Gabriel Valley market.
Situated within the prestigious Temple City Unified School District, the property benefits from exceptional desirability and strong long-term value retention for future residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 5124. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2075, other record living area = 1318.
With the original structures dating back to 1940, the property likely requires significant maintenance or demolition, increasing the initial capital requirements for developers.
Navigating the complex entitlement and permitting process for high-density redevelopment can be time-consuming and subject to regulatory delays, impacting project timelines.
Situated in the heart of Temple City and served by its award-winning school district, this premier investment and development opportunity comprises 2 contiguous R-4 zoned parcels (APNs: 5384-016-020 & 5384-016-016). Representing a rare acquisition in the high-demand San Gabriel Valley market, the property boasts an exceptional location within walking distance to premier shopping centers, popular dining, and fitness hubs. The site currently provides immediate financial stability through multiple rental units and 1 guest house, allowing for consistent cash flow while navigating the entitlement process. Significant upside remains.With a spacious rear lot for potential expansion or additional amenities, this versatile property is the ideal choice for developers and savvy investors looking to capitalize on a high-value urban location with long-term growth potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 0.0 | 3.0 | 2% |
| Square foot | 2,075 | 1,675 | 64% |
| Lot Size | 8,712 | 7,732 | 57% |
| Price | $1.58M | $1.22M | 74% |
| Price per sq ft | $761 | $723 | 62% |
| Built year | 1940 | 1953 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 165 | 2% |
Apr 9, 2026
$1,580,000
Initial Listing
Nov 29, 2016
$635,000
Public Record
Sep 30, 2011
$710,000
Public Record