5030 Farago Ave, Temple City, CA 91780
5030 Farago Ave, Temple City, CA 91780
5030 Farago Ave, Temple City, CA 91780
5030 Farago Ave, Temple City, CA 91780
5030 Farago Ave, Temple City, CA 91780
5030 Farago Ave, Temple City, CA 91780
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,000,000
Est. payment | /mo

10 Beds

6 Baths

4,640 SqFt


Save
$ 2,000,000
Est. payment | /mo
Save

10 Beds

6 Baths

4,640 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,640 sqft

Price per Sqft $431

MLS Listing ID 26837491

Bedrooms 10

Year Built 1954

Lot Size 0.362 Acres

Acres 0.362

Property Sub-Type Multi-Family

Property Description

We are excited to offer 5030 Farago Avenue, a four-unit multifamily investment located in Temple City, within proximity to El Monte and North El Monte. Built in 1954, the property features one 3-bedroom/1-bathroom front unit, followed by a 3-bedroom/2.5-bathroom unit that includes a bonus room/office, and rounded out with two 2-bedroom/2-bathroom units at the rear of the property. Sitting on a massive 15,762 square foot lot, the 3,963 square foot building is subject to the California Tenant Protection Act (AB 1482), allowing for rent increases of 5% plus CPI annually. Two of the units are substantially below market rates, allowing investors the opportunity to capture upside. The remodeled 3-bedroom/2.5-bathroom unit is roughly 1,600 square feet and will be delivered vacant, allowing for potential owner-user opportunities or the ability to lease the unit at market rate It has washer/dryer hook-ups inside the unit and includes a side and back yard. Each apartment is equipped with individual water heaters while one unit has central HVAC. All units have private yards, but only three have artificial grass installed. Utilities are conveniently separately metered for gas and electricity. There are three private 2-car garages, one private 1-car garage and additional space for on-site parking.

Location

State CA

County Los Angeles

Area Temple City

Zoning TCR2*

Rooms

Other Rooms None

Interior

Heating Central, Wall

Cooling Wall/Window, Air Conditioning

Equipment Dishwasher, Range/Oven, Refrigerator

Exterior

Parking Features Attached

Garage Spaces 12.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

Go tour this home

5030 Farago Ave