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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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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with CBD INVESTMENT INC.
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256