Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

10660 Daines Drive

Temple City, CA, 91780

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$1,838,000

MLS: WS26046166

Beds

2

Baths

1

Sq Ft

1,241

Lot

0.35 ac

Year Built

1940

MLS #

WS26046166

Days on Market

5

Listed

Mar 7, 2026

Description

Prime development opportunity in Temple City within the highly desirable Arcadia School District. Situated on a large 15,054 sqft corner lot at Daines Dr and El Monte Ave, this property has already been approved to be subdivided into two side-by-side parcels, creating a rare ready-to-build opportunity for developers and builders. The approved plans allow for the construction of two detached single-family homes, each offering approximately 4 bedrooms, 4.5 bathrooms, and over 3,100 sqft of living space with attached 2-car garages. Both homes are thoughtfully designed with a desirable north-facing orientation, providing a highly sought-after north-south layout that is popular among buyers. The proposed homes feature well-balanced living sizes that align with today’s market demand. Rather than oversized luxury estates, the floor plans offer efficient and functional layouts that provide comfortable living space while remaining attractive and attainable for a broad range of buyers. Combined with the well-proportioned lot configuration, this creates an excellent opportunity to develop modern homes with strong resale potential.This property is ideal for builders, developers, investors, or families looking to create custom homes. Whether you are seeking a ready-to-build project or planning to develop side-by-side homes for extended family living, this offering provides both flexibility and value. Conveniently located near shopping, dining, and major transportation routes, while benefiting from the highly regarded Arcadia School District, this is a rare opportunity to build beautiful new homes in one of the San Gabriel Valley’s most desirable communities.

Location

Temple City, Los Angeles County, CA 91780

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Listed by: RHEA BAI · RE/MAX PREMIER/ARCADIA

Payment estimate

$13,068

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $183,800 · Loan: $1,654,200

%
Principal & Interest
$10,164
Property tax (1.25%)
$1,915
Homeowners insurance
$300
Mortgage insurance
$689
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Temple City home with as little as 3.5% down using an FHA loan — roughly $64,330 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Temple City, CA 91780 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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