6217 Temple City, Temple City, California 91780, Temple City, 91780 - 0 bed, 0 bath
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Temple City, California 91780
This property presents a High-Potential Investment Opportunity with a List Price of $1,880,000—positioned above the $1,613,793 Fair Market Value. While the current Condition Rating of 5 reflects an aging structure, the 12,000 sqft lot with R-3 Zoning and full entitlements for 4 new units provides significant upside. This asset is designed for developers to maximize density in a prime location near Temple City Unified schools. This is an ideal acquisition for Buy-and-Hold Investors or Builders seeking to execute a high-density residential development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6217 Temple City Subject | $1,880,000* List Price | 0 | 0 | 2,204 | $732 | - |
A 5935 Kauffman Ave. B Active | $1,348,000 List Price | 4 | 4 | 1,857 | $726 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, this 78-year-old property is significantly past the 30-year threshold for major systems. While one unit is 'recently updated,' the marketing focus on R-3 zoning and fully entitled plans to demolish and rebuild four new units indicates the current structures are nearing the end of their functional life and require total rehab or replacement.
The property is fully entitled for the construction of two duplexes (4 units total) by 2026, providing a significant value-add opportunity for builders to develop modern, high-density housing.
Ideally situated near major shopping centers, restaurants, and banks, and located within the highly-regarded Temple City Unified School District, ensuring strong rental demand and resale value.
The generous 12,000 sqft lot with R-3 zoning allows for maximum land utility, supporting the transition from a 2,204 sqft triplex to a much larger residential complex.
Built in 1946, the current triplex may require significant maintenance or capital improvements to remain competitive if the new development plans are not executed immediately.
To realize the property's full potential, the buyer must commit substantial additional capital for the construction of the entitled units, which may be a barrier for traditional passive investors.
Location!! Location!! Location!! This is a 3-unit property with R-3 zonning. Conveniently located near all the Shopping Malls, Restaurants, Banks, etc. The property is also in close proximity to Temple City Unified schools, making it an exceptional opportunity that should not be overlooked. The front house comprises two units, each featuring 1 Bedroom and 1 Bath. These units, located at 6217 and 6219, are spread across approximately ~1,234 sq ft and have their own electric and gas meters. The back unit, located at 6221, is approxmately ~972 sq ft and is situated above a three-bay, approximately ~864 sq ft garage with a shared laundry room. This unit includes 2 Bedrooms and one Bathroom. One unit has been recently updated, providing a modern and comfortable living space for Tenant. In addition, Seller already has fully entitlement for 2 Duplexes (4 Units) with only one shared wall for each Unit that are ready to build by end of 2026. The new Plan showed a beautiful rear Backyard for all the Home Owners to enjoy and relax after their busy day. Unit #1 is 1,905 SF with 3 Bedrooms and 3 Baths; Unit #2 is 1,968 SF with 4 Bedrooms and 4 Baths; Unit #3 is 1,968 SF with 4 Bedrooms and 4 Baths; and Unit #4 is 1,842 SF with 3 Bedrooms and 3 Baths. All Units with their own 2-Car Garage. It is a great opportunity for Investors or Builders to build their own Condos to either sale or keep as your long-term Rental Properties.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,204 | 2,440 |
| Lot Size | 12,000 | 18,524 |
| Price | $1.88M | $1.48M |
| Price per sq ft | $853 | $570 |
| Built year | 1946 | 1928 |
| HOA | $0 | $0 |
| Days on market | 22 | 62 |
Jun 30, 2026
$1,880,000
Initial Listing
Aug 5, 2024
$1,480,000
Public Record