$3,775,000
$3,825,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
5631 Sultana Avenue Temple City, CA 91780
7,686 SqFt
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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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with SteveHang