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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 3,825,000

Est. payment -/mo

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Pending

5631 Sultana AVE Temple City, CA 91780

17 Beds

11 Baths

7,686 SqFt

UPDATED:

10/11/2024 04:55 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 7,686 sqft

Price per Sqft $497

MLS Listing ID 24405477

Bedrooms 17

HOA Y/N No

Year Built 1962

Lot Size 0.512 Acres

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 661 - Temple City

Zoning TCR3*

Interior

Heating Wall Furnace

Fireplace No

Appliance Vented Exhaust Fan

Exterior

Garage Carport, One Space

Parking Type Carport, One Space

Attached Garage No

Total Parking Spaces 17

Building

Story 1

Entry Level One,Multi/Split

Level or Stories One, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5387028011

Special Listing Condition Standard

Listed by Benjamin J. Hsiang • Realty Investment Advisors, Inc.

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

5631 Sultana AVE Temple City, CA 91780

Key Details

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Interior

Exterior

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5631 Sultana AVE