4 unit property built in 1978 located in Temple City near Lower Azusa Road with tremendous upside potential.Property size is 9,607 square feet with a two story building that contains 4 spacious apartments built over 6 individual garages in 3,538 square feet. A detached two-car garage is located at the rear of the property. Zoning is Temple City Multi-Use Low, MU-L District allowing for creative redevelopment and retail or service business use. The owners carefully updated and maintained the building over 2 decades and there are three occupied apartments with one vacant apartment unit that is 1 bedroom and 1 bath in size. The unit mix is 2, 2 bedroom apartments and 2, 1 bedroom apartments. See photos for detailed floor plan information from original plans. With no local rent controls, Temple City offers a stable and excellent investment location with high quality services and amenities. Current rents are well below market rate offering a new owner the ability to increase rents and rate of return. Attractive financing is available for owner-occupant buyers with one vacant unit available for immediate move in. Available to show at scheduled open houses and please do not disturb tenants or walk around property without an appointment.
Property Details
Price:
$1,200,000
MLS #:
P1-21746
Status:
Active
Baths:
0
Address:
4533 Ellis Lane
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
661templecity
City:
Temple City
Listed Date:
Apr 14, 2025
State:
CA
ZIP:
91780
Lot Size:
9,607 sqft / 0.22 acres (approx)
Year Built:
1979
See this Listing
Mortgage Calculator
Schools
Interior
Accessibility Features
None
Appliances
Refrigerator, Gas Range
Cooling
Central Air
Fireplace Features
None
Flooring
Carpet, Vinyl, Tile, Laminate
Heating
Central
Exterior
Community Features
Curbs, Sidewalks, Suburban, Storm Drains
Electric
220 Volts
Fencing
Brick, Wood
Foundation Details
Slab
Garage Spaces
8.00
Lot Features
2-5 Units/ Acre, Near Public Transit
Parking Features
Assigned, Driveway, Paved, On Site, Garage Faces Side, Garage – Two Door, Garage – Single Door
Parking Spots
8.00
Pool Features
None
Roof
Asphalt
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Sewer Paid
Spa Features
None
Stories Total
2
View
None
Water Source
Public, Private
Financial
Association Fee
0.00
Tenant Pays
Electricity, Telephone, Gas
Utilities
Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Map
Community
- Address4533 Ellis Lane Temple City CA
- Area661 – Temple City
- CityTemple City
- CountyLos Angeles
- Zip Code91780
Similar Listings Nearby
- 3722 Durfee Avenue
El Monte, CA$1,488,000
3.05 miles away
- 247 Saint Francis Street
San Gabriel, CA$1,478,000
2.49 miles away
- 2708 Penn Mar Avenue
El Monte, CA$1,400,000
2.91 miles away
- 11034 Klingerman Street
El Monte, CA$1,395,000
2.63 miles away
- 8713 E Hermosa Drive
San Gabriel, CA$1,395,000
1.81 miles away
- 1201 S Almansor Street
Alhambra, CA$1,380,000
3.59 miles away
- 3160 Athol Street
Baldwin Park, CA$1,350,000
3.90 miles away
- 11133 Schmidt Road
El Monte, CA$1,300,000
2.55 miles away
- 11100 Lower Azusa Road
El Monte, CA$1,300,000
1.79 miles away
- 12102 Ranchito Street
El Monte, CA$1,299,000
2.89 miles away

4533 Ellis Lane
Temple City, CA
LIGHTBOX-IMAGES