9409 Olive Street, Temple City, California 91780, Temple City, 91780 - 3 bed, 2 bath
ACTIVE$1,780,000
9409 Olive Street, Temple City, California 91780
3Beds
2Baths
1,726Sqft
18,886Lot
Year Built
1948
Close
-
List price
$1.78M
Original List price
$1.78M
Price/Sqft
$1,031
HOA
-
Days on market
-
Sold On
-
MLS number
WS25220473
Home ConditionTear down
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.78M(85th), sqft - 1726(55th), beds - 3(50th), baths - 2(50th).
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.
Price History
Date
Event
Price
09/18/25
Listing
$1,780,000
Condition Rating
Tear down
The property was built in 1948, making it 76 years old. The listing explicitly states it is 'offered at land value only' and the property analysis confirms the existing structure is 'likely a tear-down.' The exterior images show a neglected, dated structure with peeling paint and unkempt landscaping, consistent with a property whose value is solely in the land and requires demolition for redevelopment.
Pros & Cons
Pros
High Available Lot Utilization: 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.
Exceptional Development Potential: The property is explicitly marketed as a 'Prime land opportunity' and 'offered at land value only,' making it ideal for investors, developers, or builders to create something extraordinary.
Generous Lot Size: Boasting a 'Huge lot' of 18,886 sqft, this property offers substantial space for various development projects and creative designs.
Prime Location: Situated in a 'highly sought-after Temple City neighborhood' with a 'Convenient location close to shopping, dining, and schools,' enhancing its appeal for future residents.
Strong Investment Opportunity: Described as a 'Rare investment opportunity—perfect for future development,' indicating significant potential for capital appreciation and return on investment.
Desirable School District: Located within the 'Temple City Unified' high school district, which is a significant draw for families and adds to the property's long-term value.
Cons
Existing Structure Condition: The property is 'offered at land value only,' strongly implying the existing 1948-built structure is likely a tear-down, adding demolition costs to any development project.
High Initial Investment: With a list price of $1.78 million for 'land value only,' this represents a substantial upfront capital outlay before any construction or development can commence.
Due Diligence Required: The description lacks specific details on zoning or development regulations, meaning potential buyers will need to conduct extensive due diligence to confirm feasibility and scope of future projects.