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9614 Live Oak Avenue

Temple City, CA 91780
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Bed 8

Bed

Bath 6

Bath

SqFt7,402

Sqft(Lot)

Exceptional investment opportunity in the highly sought-after City of Temple City. This 6-unit multifamily property is located within the award-winning Temple City Unified School District and is surrounded by newer townhomes and condominiums, offering strong demographics and excellent long-term investment potential. The property features a desirable unit mix of two spacious 2-bedroom/1-bath units and four 1-bedroom/1-bath units, totaling approximately 4,808 rentable square feet on a 7,416-square-foot lot. Each unit is separately metered for gas and electricity, providing efficient property management and lower operating costs. Approximately 67% of the property is currently occupied, with all tenants on month-to-month leases, providing exceptional flexibility for a new owner. In addition, t wo units—one 2-bedroom/1-bath and one 1-bedroom/1-bath—have recently become vacant and are being intentionally held off the rental market to accommodate property showings. This presents an outstanding opportunity for an owner-user to occupy one of the vacant units while generating rental income from the others, or for an investor to lease both vacant units at current market rents and immediately increase cash flow. With no local rent control and substantial rental upside, this asset offers an excellent opportunity to enhance both current income and long-term value. Residents enjoy on-site carport parking and a shared laundry facility, adding convenience and desirability for tenants. Ideally situated near shopping, dining, and major attractions—including Westfield Santa Anita, the Los Angeles County Arboretum & Botanic Garden, USC Arcadia Hospital, and Santa Anita Park—the property provides easy access to both Arcadia and Temple City amenities, making it highly attractive to quality tenants. Offered at an attractive $367,000 per unit, this property is competitively priced and represents a rare opportunity to acquire a well-located multifamily asset in one of the San Gabriel Valley's most stable and desirable rental markets. Whether you're seeking immediate income, value-add potential, or long-term appreciation, this investment delivers exceptional flexibility and upside. The property has successfully completed the required SB 721 Balcony Inspection, and the inspection report is available upon request.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,200,000

AD Id : 85046253

MLS Id : AR26122891

Beds : 8

Lot Size : 7,402 Sq. Ft

Year Built : 1958

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1958
    Building Area Total: 4808
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7402 Lot Size Acres: 0.1699 Lot Size Source: Assessor Lot Size Square Feet: 7,402 Lot Description: SprinklersInRear,SprinklersInFront,RectangularLot

  • Listing Price Information

    Listing Price: $2200000
    Original Price: $22000000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 8588008002 Tax Lot: 23

  • Location Information

    Direction: E/TEmple City Blvd., N/Broadway WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11137 Freer Avenue, Temple City, CA, 91780 $3,000,000 2 2 1,156 7,487 Sq. Ft
11108 Freer Street, Temple City, CA, 91780 $1,318,000 4 3 2,180 29,695 Sq. Ft
5638 Persimmon Avenue, Temple City, CA, 91780 $1,695,000 5 4 2,617 9,000 Sq. Ft
10770 Grand Avenue, Temple City, CA, 91780 $1,049,999 3 2 1,554 6,426 Sq. Ft
4951 Mcclintock Avenue, Temple City, CA, 91780 $879,999 4 3 1,451 5,699 Sq. Ft
10517 Lynrose Street, Temple City, CA, 91780 $950,000 4 2 1,424 5,209 Sq. Ft
10639 Olive Street, Temple City, CA, 91780 $788,000 2 1 1,086 7,630 Sq. Ft
4902 Doreen, Temple City, CA, 91780 $1,279,900 4 2 1,996 8,411 Sq. Ft
5236 Halifax, Temple City, CA, 91780 $818,000 2 1 1,020 5,268 Sq. Ft
5224 Hallowell Avenue, Temple City, CA, 91780 $1,338,000 5 5 2,851 8,064 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/01/2026 @ 21:42

MLS: AR26122891 LISTED BY: Pauline Cheng, Re/Max Premier Properties 626-229-2200 SOURCE: CRMLS

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