5220 Myrtus Avenue, Temple City, CA 91780
Local realty services provided by:ERA Excel Realty



5220 Myrtus Avenue,Temple City, CA 91780
$1,200,000
- - Beds
- - Baths
- 1,878 sq. ft.
- Multi-family
- Active
Listed by:yin zhen li
Office:kw executive
MLS#:WS25158696
Source:CRMLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$638.98
About this home
Located in the heart of Temple City, 5220 Myrtus Avenue presents a rare opportunity for investors and developers seeking a property with both strong income potential and long-term upside. Situated on an expansive 13,542 square foot lot, this duplex features two detached homes; a 3-bedroom, 1-bath front house offering approximately 1,078 square feet, and a 2-bedroom, 1-bath rear unit with roughly 800 square feet of living space. With pro forma rents estimated at $3,200 for the front unit and $2,500 for the rear, the projected monthly income totals $5,700, delivering a potential cap rate of approximately 4.6%. Whether you're looking for a stable, income-producing asset or a future development site, this property checks all the boxes. The lot offers exceptional width and depth, providing flexibility for developers to explore options such as expansion, new construction, or adding additional units (buyer to verify with the city). This property is located within a highly desirable residential neighborhood, sits on a quiet street lined with single-family homes, just blocks from schools. Its location offers unmatched convenience with easy access to the 10, 605, and 210 freeways, making commutes to Downtown LA, Pasadena, and the greater San Gabriel Valley seamless. Residents enjoy close proximity to daily amenities, including Sam's Club, 99 Ranch Market, Santa Anita Mall, The Arboretum, local parks, and a wide range of restaurants and shops that make Temple City such a desirable place to live and invest. With strong tenant demand in this pocket of Los Angeles County, this is an ideal opportunity for those looking to collect cash flow or unlock the property’s development potential. Whether you’re planning to hold or build, this property offers the foundation for your next great investment.
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Home facts
- Year built:1957
- Listing Id #:WS25158696
- Added:26 day(s) ago
- Updated:August 13, 2025 at 01:21 PM
Rooms and interior
- Living area:1,878 sq. ft.
Structure and exterior
- Year built:1957
- Building area:1,878 sq. ft.
- Lot area:0.31 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$638.98
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