4 unit property built in 1978 located in Temple City near Lower Azusa Road with tremendous upside potential.Property size is 9,607 square feet with a two story building that contains 4 spacious apartments built over 6 individual garages in 3,538 square feet. A detached two-car garage is located at the rear of the property. Zoning is Temple City Multi-Use Low, MU-L District allowing for creative redevelopment and retail or service business use. The owners carefully updated and maintained the building over 2 decades and there are three occupied apartments with one vacant apartment unit that is 1 bedroom and 1 bath in size. The unit mix is 2, 2 bedroom apartments and 2, 1 bedroom apartments. See photos for detailed floor plan information from original plans. With no local rent controls, Temple City offers a stable and excellent investment location with high quality services and amenities. Current rents are well below market rate offering a new owner the ability to increase rents and rate of return. Attractive financing is available for owner-occupant buyers with one vacant unit available for immediate move in. Available to show at scheduled open houses and please do not disturb tenants or walk around property without an appointment.
Sold for $1,385,000
Listed by: Coldwell Banker Realty • Adam Bray-Ali • Contact: 213-399-1940
Bought with: Phamily Management & Realty
$1,385,000
4533 Ellis Ln, Temple City, CA 91780
6beds
4baths
3,538sqft
Quadruplex
Built in 1979
-- sqft lot
$1,461,700 Zestimate®
$391/sqft
$3,251 Estimated rent
Home value
$1,461,700
$1.32M - $1.62M
$3,251/mo
Zestimate® history
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Vacant apartment unitDetached two-car garageOccupied apartmentsSpacious apartments
Zillow last checked:
Listing updated:
Listed by:
Adam Bray-Ali DRE #01859026 213-399-1940,
Coldwell Banker Realty
Bought with:
HO PHAM, DRE #01986666
Phamily Management & Realty
Source: CRMLS,MLS#: P1-21746
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Range, Refrigerator, Dryer, Washer
- Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Flooring: Carpet, Laminate, Tile, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,538
- Total interior livable area: 3,538 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned, Door-Multi, Door-Single, Driveway, Garage, On Site, Paved, Garage Faces Side
- Garage spaces: 8
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Most entries on South side and one on West
- Pool features: None
- Spa features: None
- Fencing: Brick,Wood
- Has view: Yes
- View description: None
Lot
- Size: 9,607 Square Feet
- Dimensions: 60*168
- Features: 2-5 Units/Acre, Near Public Transit
Details
- Parcel number: 8592001008
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex
Materials
- Stucco, Wood Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- Turnkey
- New construction: No
- Year built: 1979
Utilities & green energy
- Electric: 220 Volts
- Sewer: Sewer Tap Paid
- Water: Public, Private
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Storm Drain(s), Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Not Applicable
Location
- Region: Temple City
Financial & listing details
- Price per square foot: $391/sqft
- Tax assessed value: $695,176
- Annual tax amount: $9,777
- Date on market: 4/14/2025
- Cumulative days on market: 15 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan
- Inclusions: All laundry machines, any owner owned appliances in the apartments.
- Exclusions: Personal property of tenants, some of the tools in owner storage garage.
- Total actual rent: 4200
- Tenant pays: Electricity, Gas, Telephone
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2025 | Sold | $1,385,000+15.4%$391/sqft |
Source:  CRMLS #P1-21746 Report a problem | ||
| 5/2/2025 | Contingent | $1,200,000$339/sqft |
Source: CRMLS #P1-21746 Report a problem | ||
| 4/15/2025 | Listed for sale | $1,200,000+150%$339/sqft |
Source: CRMLS #P1-21746 Report a problem | ||
| 10/4/2002 | Sold | $480,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,777 +5% | $695,176 +2% |
| 2024 | $9,312 -0.4% | $681,546 +2% |
| 2023 | $9,348 +3.4% | $668,184 +2% |
| 2022 | $9,041 +1.2% | $655,084 +2% |
| 2021 | $8,931 +2% | $642,241 +1% |
| 2020 | $8,757 | $635,657 +2% |
| 2019 | $8,757 +4.3% | $623,194 +2% |
| 2018 | $8,397 | $610,975 +2% |
| 2017 | $8,397 +0.2% | $598,996 +2% |
| 2016 | $8,378 +4.9% | $587,252 +1.5% |
| 2015 | $7,986 +1.9% | $578,432 +2% |
| 2014 | $7,838 | $567,102 +2.5% |
| 2012 | -- | $553,472 +2% |
| 2011 | -- | $542,621 +0.8% |
| 2010 | -- | $538,567 -0.2% |
| 2009 | -- | $539,847 +2% |
| 2008 | -- | $529,263 +2% |
| 2007 | -- | $518,887 +2% |
| 2006 | -- | $508,713 |
| 2005 | -- | $508,713 +4% |
| 2004 | -- | $488,961 +1.9% |
| 2003 | -- | $480,000 +83.8% |
| 2002 | -- | $261,087 +4% |
| 2000 | -- | $250,950 |
Find assessor info on the county website
Neighborhood: 91780
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Encinita Elementary SchoolGrades: K-6Distance: 0.8 mi
- 9/10Muscatel Middle SchoolGrades: 7-8Distance: 1.3 mi
- 8/10Rosemead High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,461,700
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Estimated market value
$1,461,700
- California
- Los Angeles County
- Temple City
- 91780
- 4533 Ellis Ln
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