9409 Olive Street, Temple City, California 91780, Temple City, 91780 - 3 bed, 2 bath
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Temple City, California 91780
This Prime Development Site is offered at a List Price of $1,780,000, representing a rare land-value opportunity in a highly sought-after area. While the Fair Market Value is $1,406,426, the pricing is justified by the Massive 18,886 Sqft Lot and the prestige of the Temple City Unified School District. With a Tear-Down Condition Rating and a pleasant Neighborhood View, the existing structure is obsolete, providing a blank canvas for high-density or luxury redevelopment. This high-potential asset is an ideal acquisition for Developers or Custom Home Builders.
Property is land value only, full reconstruction required.
The property is explicitly marketed for land value only, indicating the 1948 structure is likely unlivable or obsolete. The listing focuses on the massive 18,886 sqft lot as a development opportunity for builders and investors, meeting the criteria for a tear-down where the value is based solely on the land and its potential for redevelopment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18886, living area = 1726.
The property boasts a massive 18,886 square foot lot, offering a rare and significant footprint for large-scale residential development, luxury custom builds, or potential subdivision in a high-demand area.
Located within the highly-regarded Temple City Unified School District, the property benefits from a location that traditionally commands premium pricing and ensures long-term value stability for families.
As the property is offered at land value only, the existing 1948 structure likely requires complete demolition or total remediation, representing a significant immediate expense for any buyer.
The $1.78 million list price for a tear-down property sets a high bar for acquisition, which may compress profit margins for developers or limit the pool of buyers to those with substantial liquid capital.
Prime land opportunity in a highly sought-after Temple City neighborhood! This property is offered at land value only, making it an incredible chance for investors, developers, or builders to create something extraordinary. Huge lot with endless possibilities, Convenient location close to shopping, dining, and schools, Rare investment opportunity—perfect for future development.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,726 | 1,675 | 55% |
| Lot Size | 18,886 | 7,732 | 94% |
| Price | $1.78M | $1.22M | 81% |
| Price per sq ft | $1.0K | $723 | 94% |
| Built year | 1948 | 1953 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 216 | 165 | 85% |
Sep 18, 2025
$1,780,000
Initial Listing