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5109 Tyler Avenue

Temple City, CA 91780

– beds
– baths
– sqft
14,889 sqft lot
1947 build
– on site

We are proud to present 5109 Tyler Avenue, a 12-unit multifamily asset located in Temple City, CA offered for sale for the first time in over 37 years – a prime San Gabriel Valley location. 5109 Tyler Avenue in the city of Temple City is bordered by other affluent neighborhoods like Arcadia, San Marino, Alhambra, and Monrovia. The property is located just west of the 605-fwy and centered between interstates 10 and 210. Locally, the property is near several big box retailers like Albertsons, Sam’s Club, Vons, Dollar Tree, Home Depot, Chuze Fitness and more. Tenants enjoy convenient access to nearby restaurants like In-N-Out, Subway, Cabrera’s Mexican Restaurant, Starbucks and many other amenities found along Live Oak Ave. The property is also within a short 10-minute drive to Santa Anita Mall and a heavy retail corridor on Rosemead Blvd. Several schools and parks are also just blocks away from the property. 5109 Tyler Avenue offers over ±8,300 SF of rentable building area and sits on a ±15,000 SF lot. The property offers an exceptional unit mix with 4, 1-Bedroom/1-Bathroom, 7, 2-Bedroom/1-Bathroom, and 1 – 2-Bedroom/2- Bathroom units, averaging 700 SF. Currently the units average a monthly rent of ±$1,505 contributing to an annual rental income of ±$216,684. Similar apartments in the immediate surrounding neighborhood average over $2,000 per month, allowing a savvy investor the opportunity to capture ±40% upside in rental income. The in-place income offers a 4.33% CAP Rate and 14.68 GRM at the offered price. Since Temple City allows for higher allowable rent increases through AB 1482, the next owner can potentially achieve a 6.48% CAP Rate and 11.02 GRM with established market rents. Additional revenue stems from the property’s on-site laundry facility. Moreover, each tenant enjoys parking via 12 carport parking spaces. The opportunity to purchase 5109 Tyler Avenue presents an excellent opportunity for both the first-time multifamily investor and seasoned investor looking to satisfy their 1031 exchange.

Listed By CRMLS_CA / ERIC CHEN / CB RICHARD ELLIS / 626-757-5717

Last checked: Checking… • Last updated Feb 12, 2025 •

MLS# CV25025233 —

The Building

Year Built:

1947
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

8374.00
Building Area Units:

Square Feet
Total Number Of Units:

12
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Levels:

One
Entry Location:

1
Laundry:

Common Area
Laundry:

1

Location

Directions:

Merge onto I-10 W, Use the right 2 lanes to take exit 31A to merge onto I-605 N, Take exit 24 for Lower Azusa Rd/Los Angeles St, Sharp left onto Lower Azusa Rd, Turn right onto Santa Anita Ave, Turn right onto W Hondo Pkwy, Continue onto Tyler Ave
Latitude:

34.09857600
Longitude:

-118.02582900

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LCC3*
Lot Features:

11-15 Units/Acre
Lot Size Area:

14889.0000
Lot Size Acres:

0.3418
Lot Size SqFt:

14889.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

3
Tax Census Tract:

4315.02
Tax Tract:

11584
Tax Lot:

11

The Listing

Special Listing Conditions:

Standard
Parcel Number:

8574014003

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

14.00
Uncovered Spaces:

4.00
Carport Spaces:

10.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/3/25 Feb 3, 2025	Listed / Active	CRMLS_CA	$3,200,000

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This multifamily located in Northwest El Monte, El Monte, CA 91780 is currently for sale for $3,200,000. 5109 Tyler Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 19 days. 5109 Tyler Avenue is in the Northwest El Monte neighborhood of El Monte and has a WalkScore® of 55, making it somewhat walkable. This multifamily is in the attendance area of Rio Hondo Elementary School, Cleminson Elementary School, and Arroyo High School.

Listing Courtesy of: CRMLS_CA and CB RICHARD ELLIS. Based on information from California Regional Multiple Listing Service, Inc. as of 22:20 on Feb 22.

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.