Temple City, CA 91780,5631 Sultana Ave
Temple City, CA 91780,5631 Sultana Ave
Temple City, CA 91780,5631 Sultana Ave
$3,775,000
Est. payment /mo
$3,825,000
1.3%
Est.Price: ?

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17 Beds
11 Baths
7,686 SqFt
SOLD DATE : 11/22/2024

Key Details

Sold Price $3,775,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,686 sqft

Price per Sqft $491

MLS Listing ID 24-405477

Sold Date 11/22/24

Bedrooms 17

Year Built 1962

Lot Size 0.512 Acres

Acres 0.4889

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 Temple City

Zoning TCR3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment Gas Dryer Hookup, Range/Oven, Vented Exhaust Fan

Exterior

Garage Carport, Garage Is Detached, Parking Space

Garage Spaces 17.0

Building

Story 1

Level or Stories One, Multi/Split

Others

Special Listing Condition Standard

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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299

Our team is ready to help you sell your home for the highest possible price ASAP


TheMLS (CLAW)
Listed by Realty Investment Advisors, Inc.
Bought with CBD INVESTMENT INC.

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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