10639 Lynrose Street

Temple City, CA 91780

$5,750,000
Price
20
Beds
10
Baths
9,680 Sq. Ft.
$594 / Sq. Ft.
9,680
Sq. Ft.
$594
per Sq. Ft.

Description

Unique trophy asset located in the heart of the San Gabriel Valley! This property has been meticulously maintained and upgraded, reflecting a high standard of care and investment. The current owners have spared no expense in its upkeep, resulting in a property that is in top-notch condition. The property comprises ten 2-bedroom/1-bathroom single-story cottages, with a total rental square footage of 9,680 SqFt and a total lot size of 53,448 SqFt offering privacy and space. Every unit has its own front...Unique trophy asset located in the heart of the San Gabriel Valley! This property has been meticulously maintained and upgraded, reflecting a high standard of care and investment. The current owners have spared no expense in its upkeep, resulting in a property that is in top-notch condition. The property comprises ten 2-bedroom/1-bathroom single-story cottages, with a total rental square footage of 9,680 SqFt and a total lot size of 53,448 SqFt offering privacy and space. Every unit has its own front and back yards, creating a comfortable and spacious environment. Its exclusive location on a private cul-de-sac provides an unrivaled level of privacy and seclusion for residents. The property is equipped with a range of modern amenities, including; garage parking, and central air conditioning & heating systems, enhancing the overall living experience. A notable aspect of this property is the extensive remodeling undertaken in eight out of ten units, which includes; modernized kitchens and bathrooms, a comprehensive plumbing overhaul with new copper plumbing, updated electrical systems and subpanels, new central A/C systems, replacement of the water mainline and individual lines to each cottage, stylish new garage doors, upgraded appliances, and refreshed landscaping that enhances the property's curb appeal. The utilities are separately metered for electricity and gas, and there's potential for separately metering water as well. Moreover, this property presents significant investment and development potential. Prospective investors might consider re-development of the lot given its size, subject to necessary verifications and approvals from city authorities. This opportunity makes it an ideal choice for investors seeking a lucrative venture in a prime location.
  1. Listed by Kristopher German • DRE #01800021 • Brokerage DRE #01264629 • RE/MAX 2000 REALTY • 909-645-0443

Property Details for 10639 Lynrose Street

Parking Spaces Total
40
Private Pool
No
Total Units
10.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
9680
Assessor Parcel Number
8586-009-025
Property Attached YN
false

Location

Listing Courtesy of RE/MAX 2000 REALTY, Kristopher German, DRE #01800021
Add your commute
LISTING UPDATED: 04/24/2024 03:45 AM

Property Details for 10639 Lynrose Street

StatusActive
MLS #CV24065651
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX 2000 REALTY, Kristopher German, DRE #01800021
Add your commute

Building Information for 10639 Lynrose Street

Building/Complex10639 Lynrose StFloor-Stories1Residences-Pet Policy-Year Built1950Building Size-

Payment Calculator

$34,709 per month

30 year fixed, 7.25% Interest

Principal and Interest

$31,380

Property Taxes

$3,329

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10639 Lynrose Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $333,000
  • Gross Scheduled Income: $333,000
  • Vacancy Allowance: 9990
  • Gross Operating Income: $323,010
  • Net Operating Income: $233,832
Expense Details
  • Operating Expense: $89,178
  • New Taxes Expense: $61,778
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $10,000
  • Maintenance Expense: $7,500
  • Professional Management Expense: $0
  • Other Expense: $1,500
  • Other Expense Description: Reserves
  • Trash Expense: $2,700
  • Water Sewer Expense: $5,700
  • Total Expenses: $89,178
Tax / Assessment Info
  • Tax Tract Number: 025
  • Tax Census Tract: 4320.01
  • CFD/Mello-Roos Fee: $3,828
  • Tax Lot: 32
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Cul-De-Sac, Lot Over 40000 Sqft
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 10
  • Uncovered Spaces: 30
  • Open Other Spaces Total: 30
  • Parking Garage Spaces: 10
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,250
  • Unit Type Total Rent: $3,250
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,175
  • Unit Type Total Rent: $3,175
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,975
  • Unit Type Total Rent: $2,975
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,075
  • Unit Type Total Rent: $2,075
  • Unit Type Pro Forma: 3495
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: Yes
  • Number Of Buildings: 10
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1

Property History for 10639 Lynrose Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10639 Lynrose Street

Taxable ValueLand$1,991,200Additions$1,370,591Total$3,361,791
Tax Record2023$39,947 ($3,329 / month)
Home Facts
Total Finished SqFt9,680 SqFtAbove Grade Finished SqFt9,680 SqFtLot Size53,430 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningTCR17200*CountyLOS ANGELESAPN8586-009-025

Schools near 10639 Lynrose Street

This home is within Arcadia Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 12
Rating
School
Distance
Longley Way Elementary School
PublicK to 5

Richard Henry Dana Middle School
Public6 to 8

Arcadia High School
Public9 to 12

Rancho Learning Center (Alternative)
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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10639 Lynrose Street is a multi-family home for sale in Temple City, CA 91780. This property was listed for sale on April 3, 2024 by RE/MAX 2000 REALTY, it's currently listed at $5,750,000. This listing's school district is Arcadia Unified School District. Nearby schools include Longley Way Elementary School, Richard Henry Dana Middle School and Arcadia High School. 10639 Lynrose Street is a 20-bed, 10-bath, 9,680 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 2000 REALTY, Kristopher German, DRE #01800021

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.