5109 Tyler Avenue

Temple City, CA 91780

  • 0 Bed(s)
  • 0 Bath(s)
  • 8,374 Sqft
  • 14889
    Sqft(Lot)
$3,200,000

Description

We are proud to present 5109 tyler avenue, a 12-unit multifamily asset located in temple city, ca offered for sale for the first time in over 37 years – a prime san gabriel valley location.

5109 tyler avenue in the city of temple city is bordered by other affluent neighborhoods like arcadia, san marino, alhambra, and monrovia. the property is located just west of the 605-fwy and centered between interstates 10 and 210 in the unincorporated area of los angeles county. locally, the property is near several big box retailers like albertsons, sam’s club, vons, dollar tree, home depot, chuze fitness and more. tenants enjoy convenient access to nearby restaurants like in-n-out, subway, cabrera’s mexican restaurant, starbucks and many other amenities found along live oak ave. the property is also within a short 10-minute drive to santa anita mall and a heavy retail corridor on rosemead blvd. several schools and parks are also just blocks away from the property.

5109 tyler avenue offers over ±8,300 sf of rentable building area and sits on a ±15,000 sf lot. the property offers an exceptional unit mix with 4, 1-bedroom/1-bathroom, 7, 2-bedroom/1-bathroom, and 1 – 2-bedroom/2- bathroom units, averaging 700 sf. currently the units average a monthly rent of ±$1,505 contributing to an annual rental income of ±$216,684. similar apartments in the immediate surrounding neighborhood average over $2,000 per month, allowing a savvy investor the opportunity to capture ±40% upside in rental income. the in-place income offers a 4.33% cap rate and 14.68 grm at the offered price. since temple city allows for higher allowable rent increases through ab 1482, the next owner can potentially achieve a 6.48% cap rate and 11.02 grm with established market rents. additional revenue stems from the property’s on-site laundry facility. moreover, each tenant enjoys parking via 12 carport parking spaces.

the opportunity to purchase 5109 tyler avenue presents an excellent opportunity for both the first-time multifamily investor and seasoned investor looking to satisfy their 1031 exchange.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48502738

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1947
    • Building Area Total: 8,374

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3418
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 14889

  • Listing Price Information

    • Original List Price: 3,200,000
    • Listing Contract Date: 2025-02-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 8574014003

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 661 - Temple City
    • Postal Code Plus 4: 3634
    • Directions: Merge onto I-10 W, Use the right 2 lanes to take exit 31A to merge onto I-605 N, Take exit 24 for Lower Azusa Rd/Los Angeles St, Sharp left onto Lower Azusa Rd, Turn right onto Santa Anita Ave, Turn right onto W Hondo Pkwy, Continue onto Tyler Ave
    • Zoning: LCC3*
    • Source Property Type: Residential Income
    • Area: 661 - Temple City
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 78
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 03/03/2025 @ 17:48

  • MLS: CV25025233
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 8,374 sqft, 14,889 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Temple City , in zip code 91780, this Los Angeles County Home are nearby neighborhoods.