$3,775,000
$3,825,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
17 Beds
11 Baths
7,686 SqFt
SOLD DATE : 11/22/2024
Key Details
Sold Price $3,775,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,686 sqft
Price per Sqft $491
MLS Listing ID 24405477
Sold Date 11/22/24
Bedrooms 17
HOA Y/N No
Year Built 1962
Lot Size 0.512 Acres
Property Description
We are excited to present 5631 Sultana, an exclusive 10-unit compound with development potential in prime Temple City. Situated on a sprawling 22,320 square foot lot zoned R3, this property consists of seven structures with an exceptional unit mix featuring one standalone 3-bedroom, 1.5-bath house with a den and huge private yard, five 2-bedroom, 1-bath units (of which two are free standing houses with no shared walls), and four 1-bedroom, 1-bath units.Offered for the first time in over 38 years, this property represents an extraordinary opportunity to acquire an income-generating asset featuring 17 parking spaces and potential ADU possibilities through garage or carport conversions. Located just blocks from Camellia Square and the shops and restaurants on Las Tunas Drive, each of the ten units has their own individual washer/dryer hookups. Most units also have recently replaced individual water heaters and wall heaters. Additionally, eight of the ten units offer private outdoor patios or yards, a rare and desirable feature for the residents.Whether you're looking to invest for the long term, explore development opportunities, or both, 5631 Sultana offers a unique chance to make your mark in this thriving area.
Location
State CA
County Los Angeles
Area 661 - Temple City
Zoning TCR3*
Interior
Heating Wall Furnace
Fireplace No
Appliance Vented Exhaust Fan
Exterior
Parking Features Carport, One Space
Attached Garage No
Total Parking Spaces 17
Building
Story 1
Entry Level One,Multi/Split
Level or Stories One, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5387028011
Special Listing Condition Standard
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Bought with Steve Hang • CBD INVESTMENT INC.
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Broker Associate | Lic# 01905244