9503 Garibaldi Avenue, Temple City, CA 91780

Property Description

***DO NOT DISTURB TENANTS. DO NOT LOOK IN THEIR WINDOWS OR BACKYARDS OR WE WILL NOT CONSIDER YOUR OFFER*** Listing information include BOTH APNS: 5385-008-018 (first 3 units) and flag lot 5385-008-019 at rear (4th unit). Rarely does an income property offer the combination of character, configuration, and upside that defines this exceptional four-unit portfolio in the heart of Temple City. Presented for sale for the first time in decades, 9501-9503 3/4 Garibaldi Avenue comprises four fully detached, single-story California bungalows each a standalone structure with its own private backyard, separate entrance, and the quiet dignity of a single-family home. There are no shared walls. No stacked units. Happier Tenants. Situated on an oversized 21,578 square foot lot (+/-0.50 acres) along a quiet residential street, this offering is one of the most architecturally distinctive multi-family opportunities currently available in the San Gabriel Valley. The detached bungalow configuration, a hallmark of mid-century Temple City residential development, commands premium rents and attracts the kind of long-term, quality tenants that make ownership genuinely passive. Comparable attached plexes simply cannot replicate this. Each of the four units is a 2-bedroom, 1-bathroom California bungalow of approximately 782 square feet, featuring hardwood and laminate flooring, updated interiors, private outdoor space, and individual parking. The buildings present classic stucco construction with low-pitched gabled rooflines, wide eave overhangs, and the warm, livable aesthetic that defines the SGV cottage style. The 4 units total 3,127 rentable square feet, with the lot providing generous circulation, private yard space per unit, and meaningful long-term optionality. The property is 75% occupied with all tenants on month-to-month leases, providing immediate flexibility for a new owner. 1 unit vacated June 1 is being kept temporarily available for showings - giving optionality for interested buyers to livie in one units while renting out the others, or easily rent out at higher market rate. The MTM tenants received a max increase Under California AB 1482, in March 2026. New ownership may increase rents by 5% plus CPI annually on renewals, or reset fully to market upon any vacancy. Upside potential for a new owner to add an ADU between Units 2 and 3, or to spin out Unit 4 and sell at separately at a later date.