Temple City, CA 91780,5109 Tyler Avenue
Temple City, CA 91780,5109 Tyler Avenue
Temple City, CA 91780,5109 Tyler Avenue
Temple City, CA 91780,5109 Tyler Avenue
Temple City, CA 91780,5109 Tyler Avenue
Temple City, CA 91780,5109 Tyler Avenue
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$3,300,000

$3,200,000

3.1%
Est.Price: ?

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Est. payment /mo

5 Beds


SOLD DATE : 03/17/2025

Key Details

Sold Price $3,300,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV25025233

Sold Date 03/17/25

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property 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, Sams Club, Vons, Dollar Tree, Home Depot, Chuze Fitness and more. Tenants enjoy convenient access to nearby restaurants like In-N-Out, Subway, Cabreras 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. The opportunity to purchase

Location

State CA

County Los Angeles

Zoning Assessor

Direction 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,

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

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MLS Router / San Diego MLS
Listed by ERIC CHEN CB RICHARD ELLIS
Bought with XI SUN Pinnacle Real Estate Group
Robyn Flint

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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