Temple City, CA 91780 5631 Sultana Avenue
$3,825,000
15 more
Presented By: Benjamin J. Hsiang with Realty Investment Advisors, Inc.;
Home Details
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.
Presented By: Benjamin J. Hsiang with Realty Investment Advisors, Inc.;
Interior Features for 5631 Sultana Avenue
Bedrooms
Total Bedrooms17
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths11
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 5631 Sultana Avenue
Additional Parcels Y/NNo
AppliancesVentedExhaustFan
Attached Garage No
Cap Rate3.8
Carport Y/NYes
CityTemple City
CountyLos Angeles
Days on Market41
DirectionsEast on Broadway, North on Sultana
Full Baths
Garage Y/NNo
Gross Income230640.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, MultiSplit
Lot Size Square Feet22320.0
Lot Size UnitsSquareFeet
MLS Area661 - Temple City
MobileHomeRemainsYNNo
Net Operating Income145456.0
New ConstructionNo
NumberOfUnitsTotal10
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysElectricity, Gas
View Y/NNo
Waterfront Y/NNo
Year Built1962
ZoningTCR3*
Exterior for 5631 Sultana Avenue
Building Area Total7686.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions97x229
Lot Size Acres0.5124
Lot Size Area22320.0
Lot Size SourceAssessor
Number of Buildings7
Open Parking Y/NNo
Parking FeaturesCarport, OneSpace
SpaNo
Total Parking17.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480