Playa Del Rey (los Angeles), CA 90293,101 Sunridge Street

$2,034,325

Est. payment /mo

$2,050,000

0.8%
Est.Price: ?

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101 Sunridge Street Playa Del Rey (los Angeles), CA 90293

6 Beds

1,872 SqFt

SOLD DATE : 08/28/2023

Key Details

Sold Price $2,034,325

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $1,086

MLS Listing ID CRSB23108863

Sold Date 08/28/23

Bedrooms 6

HOA Y/N No

Year Built 1956

Lot Size 2,764 Sqft

Acres 0.06

Property Description

101 Sunridge Street is a well positioned duplex situated in the highly sought-after “jungle” neighborhood in Playa Del Rey. This building is not subject to LA City Rent Control (RSO) and is solely subject to statewide rent control (AB 1482). Located one parcel from the sand, the property boasts a mix of (2) 3-bed/1-bath units. The upstairs unit features (2) private balconies and the downstairs unit features a spacious patio. Tenants enjoy their own parking space in separate 1-Car garages, as well as living on a quiet walk-street. Great proximity to Playa Del Rey Beach provides easy access to a range of retail and restaurant establishments. The building offers 1,872 RSF of living space priced at $1,095/SF and $1,025,000 per unit, with a proforma 15.53 GRM and 4.65% Proforma CAP presenting immediate upside potential. With its premier location, sizeable living space, and attractive pricing, 101 Sunridge Street is an excellent and rare investment opportunity for any Los Angeles CRE Investor or potential owner-user.

Location

State CA

County Los Angeles

Area Playa Del Rey

Zoning LAR3

Interior

Cooling No Air Conditioning

Fireplace No

Laundry Other

Exterior

Exterior Feature Other

View Y/N false

View None

Total Parking Spaces 2

Building

New Construction No

Others

Tax ID 4116033028

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Bridge MLS
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
Bought with ToddElling
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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