Log In/Sign Up
5931 Cloverly Ave
Temple City, CA 91780
34-unit (2 x 17unit) Value-add in downtown TC · Multifamily Property For Sale
·
34 Units
Investment Highlights
- First Time for Sale for ±33 years!
- Priced Attractively at Low Price/unit with Proforma CAP Rate of 7.15% and Proforma GRM of 10.24
- NO Local Rent control location – an estimated ±57% rental upside! Maximum allowed rent increases under CA AB1482
- Super prime Location in the Downtown Temple City and within Temple City School District
- Class A Location in one the most desirable and strongest rental market in West San Gabriel Valley
- Located in a high barrier to entry and “no inventory” area for multifamily 5+ units and above
Property Facts
| No. Units | 34 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 13,400 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | ||
| Zoning | TCR4* - Commercial Recreational | ||
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 13,400 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Zoning | TCR4* - Commercial Recreational |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Storage Space
- Oven
- Range
- Carpet
- Wi-Fi
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 400 - 500 |
| 1+1 | 6 | - | 750 - 800 |
| 2+1 | 22 | - | 1,000 - 1,200 |
Property Taxes
| Parcel Number | 8587-008-011 | Improvements Assessment | $1,237,852 |
| Land Assessment | $825,232 | Total Assessment | $2,063,084 |
Property Taxes
Parcel Number
8587-008-011
Land Assessment
$825,232
Improvements Assessment
$1,237,852
Total Assessment
$2,063,084
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
