Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Temple City Income Property For Sale Title is generated by Realmo AI

    9088 Las Tunas Drive, Temple City, CA 91780

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $2,100,000

    Apartment - Temple City, CA

    Type:Apartment
    Property size:
    3,979 SF
    Lot size:
    7,185.00 Acres
    Price / SF:
    $527/SF
    Added:
    Mar 23, 2026
    Days on Market:
    50
    Last Refresh:
    May 11 at 8:06 am

    Property Features for 9088 Las Tunas Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    2
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2
    Parking
    8
    Exterior features
    Community Features Included: Street Lights, Sidewalks, 6-10 Units/Acre
    Standard status
    Active Under Contract
    APN
    5387023030
    Size
    3,979 SF
    Lot size
    7,185.00 Acres

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1945
    Floors in Building
    2
    Number of units
    10
    Architectural style
    Other

    We can help!

    Listing Contact
    Chung Ping Wang

    Listing agent Chung Ping Wang License #01146991

    Listing office Century 21 Ludecke Inc. 34 E. Foothill Blvd., Arcadia, CA

    Listing date Mar 23, 2026

    MLS# AR26062584 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Located in highly desirable Temple City School District.
    • No Rent Control offers flexible investment options.
    • Features Two Stores and Eight Residential Units.
    • Each apartment unit has dedicated garage, carport, or parking space.
    • Fully Tenant Occupied, providing immediate income.
    • Prime location in Downtown Temple City.

    Overview

    This income property features two stores and eight residential units located in downtown Temple City, within the Temple City School District. The eight apartment units consist of one bedroom and one bathroom layouts. Each unit includes a garage, carport, or parking space. The property is fully tenant occupied, presenting an investment opportunity in a desirable rental market within the San Gabriel Valley. The property size is 3,979 square feet, situated on a lot of approximately 0.16 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Temple City
    County
    Los Angeles
    State
    California
    Longitude
    -118.0707803
    Latitude
    34.1044722

    Nearby Similar for Sale

    • $498,000
      4,000 SF

      Temple City Restaurant Business Opportunity

      Established Chinese restaurant with liquor license in prime location.
      Las Tunas Dr., Temple City, CA 91780
      View Details
    • $1,780,000
      6,448 SF

      Temple City Commercial Property For Sale

      Commercial property on Las Tunas Drive, ideal for investment.
      9125 Las Tunas Drive, Temple City, CA 91780
      View Details
    • $3,800,000
      10,783 SF

      Temple City Commercial Corner Property

      Versatile commercial property in a high-demand San Gabriel Valley location.
      5912 Alessandro Avenue, Temple City, CA 91780
      View Details
    • $4,195,000
      10,700 SF

      Corner Lot Commercial Property

      Versatile commercial property in Temple City with high visibility.
      5912 Alessandro Ave, Temple City, CA 91780
      View Details
    • $1,658,000
      2,848 SF

      Temple City Income-Producing Quadplex

      High-performing quadplex in Temple City with strong income potential.
      5650 Noel Dr, Temple City, CA 91780
      View Details
    • $1,500,000

      Temple City Owner-User Opportunity

      Well-maintained building suitable for owner-user or medical use.
      5602 Rosemead Blvd, Temple City, CA 91780
      View Details
    • $3
      60,000 SF

      Retail Space in Mixed-Use Property

      Ground floor retail space in Temple City mixed-use property.
      5570 Rosemead Blvd, Temple City, CA 91780
      View Details
    • $1,480,000

      Temple City Triplex Investment Opportunity

      Income-producing triplex in Temple City with development potential.
      5837 Oak Avenue, Temple City, CA 91780
      View Details
    • Contact for pricing
      2,300 SF

      Retail Space with Drive-Thru

      Retail space available for lease, suitable for drive-thru restaurant.
      9803 Las Tunas Dr, Temple City, CA
      View Details
    • $80,000

      Established Nail Salon Opportunity

      Long-standing nail salon business for sale in Temple City.
      Temple City, CA 91780
      View Details
    • $2,100,000
      3,979 SF

      Downtown Temple City Income Property

      Two stores and eight residential units in Temple City.
      9088 Las Tunas Drive, Temple City, CA 91780
      View Details
    • $199,000
      2,600 SF

      Established Smoke Shop Opportunity

      High-end smoke shop business for sale in Temple City.
      6266 Rosemead Blvd, Temple City, CA 91780
      View Details

    FAQs

    What type of property is this?
    Apartment building - Two stores and eight residential units in Temple City.
    Where is this apartment building located?
    The property is located at 9088 Las Tunas Drive Temple City, CA.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: Located in highly desirable Temple City School District.; No Rent Control offers flexible investment options.; Features Two Stores and Eight Residential Units.
    (626) 807-6725
    We can help!
    Listing Contact
    Chung Ping Wang
    Real Estate License ID: 01146991
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    9088 Las Tunas Drive, Temple City, CA 91780
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!