Temple City, CA 91780,5631 Sultana Avenue
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Temple City, CA 91780,5631 Sultana Avenue
Temple City, CA 91780,5631 Sultana Avenue
Temple City, CA 91780,5631 Sultana Avenue
Temple City, CA 91780,5631 Sultana Avenue

$3,775,000

Est. payment /mo

$3,825,000

1.3%
Est.Price: ?

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5631 Sultana Avenue Temple City, CA 91780

7,686 SqFt

SOLD DATE : 11/22/2024

Key Details

Sold Price $3,775,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 7,686 sqft

Price per Sqft $491

MLS Listing ID CL24405477

Sold Date 11/22/24

HOA Y/N No

Year Built 1962

Lot Size 0.512 Acres

Acres 0.51

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 Listing

Zoning TCR3

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 5387028011

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Bridge MLS
Listed by Benjamin J. Hsiang • Realty Investment Advisors, Inc.
Bought with SteveHang
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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