9717 Craiglee St, Temple City, CA 91780

Location! location! Location! North Temple City with walking distance to award winning elementary, middle and high school. You can also walk to 99 Super market,restaurants, bus stops and others yet it is in very private and quiet end street. There are two addresses 9717 and 9721 Craiglee st for this excellent property. Front house (1352 sqf) has 3 bedrooms and 1.75 baths with 2 car attached garage. Rear house (720 sqf) has 2 bedrooms and 1 bath with attached 2 car carport. One of the largest land lot in Temple City and you can build your dream home too. Rear unit was remodelled recently. New exterior walls paint just done for all units. This property is good for extended big family as two units or you can live in one and collect rent income from another one. South of the property is a small private after school leaning center. Front house rent is $1860 which is below market $2500. Back house no rent now but market rent could be $1500. Front tenant pays all water bill. If both houses rent out for $2500+$1500 = $4000. The annual income $48000 minus expenses $13136 = net income $34864. The capitalization return will be about 3.2%. This property is also listed as Residential income property in MLS.