5837 Oak Avenue, Temple City, CA 91780

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Sold Price
$1,400,000
List Price
$1,480,000
Closing Date
May 15, 2026
Status
CLOSED
MLS#
AR26051493
Year Built
1945
Lot Size
7,162
Acres
0.16
Lot Location
Front Yard, Near Public Transit, Rectangular Lot, Street Level
Days on Market
35
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level, Two Levels

Property Description

Looking for a strong cash-flowing Investment property? Amazing Income-producing Triplex opportunity in Temple City ~ Generate Incredible & consistent cash flow with this high-performing & rare Triplex within the highly desirable & top-rated Temple City school district! This Triplex sits on an all-flat 7,162 SF lot size and comprises of a fully detached (Front 3 Bed/ 1 Bath ~Approx 894 SF) SFR + a rear Duplex (4 Beds/ 2 Baths ~Approx 1,978 SF total). The Front home includes its own separate Driveway, and the rear Duplex has the potential for up to 6 covered Carport spaces. This Triplex offers a prime & super convenient location within a highly desirable tree-lined residential street Oak Ave. This Property already offers Investors great monthly cash flow, and possesses future development or Renovation potential that can appeal to any Buyer or Investor. Property qualifies for improved Financing rates & simpler process in comparison to 5+ unit Income properties. Property is fully equipped with Separate Gas & Electricity meters. Buyer shall conduct own due diligence with own professionals and is invited to explore all the wonderful potential and possibilities this Property can provide. Strong income potential, especially considering the highly rated Temple City Schools that attracts renters easily and quickly whenever you might have a vacancy. Conveniently situated within the heart of Temple City and near walking distance to a wide array of retail shopping centers, tasty restaurants, Ralphs supermarket, and everyday essentials/ beauty parlors/ services etc. With so much conveniences and activities nearby, come discover the great possibilities with this Income-generating property and maximize its true potential!

Additional Information

Appliances
Gas Cooktop, Gas Oven, Gas Water Heater, Range Hood
Pool Description
None
Heat
Gravity, See Remarks
Cooling
Yes
Cooling Description
See Remarks, Wall/Window Unit(s)
View
Mountain(s), Neighborhood
Exterior Construction
Frame, Concrete, Stucco
Roof
Flat, Shingle
Sewer
Public Sewer, Sewer Tap Paid
Water
Public
Interior Features
Built-in Features, Ceiling Fan(s), Tile Counters
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$84,000
Operating Expense
11727

Listing courtesy of Listing Agent: Kelvin Chang (kelvinkchang@gmail.com) from Listing Office: Coldwell Banker Dynasty T.C..

Listing sold by Kelvin Chang from Coldwell Banker Dynasty T.C.

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.