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$2,680,000
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Property Description
RARE Value-Add Multi-Family Opportunity in the Heart of Temple City with Award-Winning Temple City Schools! Situated on a large lot with desirable R3 zoning in a quiet and highly sought-after neighborhood, this well-maintained 4-unit property offers excellent current cash flow with tremendous upside potential. The property features an ideal unit mix consisting of one spacious front unit with 3 Bedrooms and 2 Bathrooms with its own attached garage, plus three additional units each offering 2 Bedrooms and 2 Bathrooms. Most units have been tastefully remodeled with newer kitchens, newer laminate flooring, and fresh interior paint throughout. The property has consistently attracted quality tenants with strong payment history and stable rental income.
**Adding even greater value, the property includes permit-ready plans to convert the detached garages into TWO ADUs totaling approximately 1,200 SqFt, each designed as 2 Bedrooms and 1 Bathroom units, creating significant future income potential.
**Conveniently located near top-rated schools, shopping, dining, transportation, and everyday amenities. Excellent opportunity for investors, owner-users, or 1031 Exchange buyers seeking long-term growth and strong upside potential. LOCATION, LOCATION, LOCATION!
Full Property Details
Full Property Details for 5516 Sultana
General
- Price: $2,680,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: TR26109580
- Updated: 5/20/2026
- Days on Market: 46 days
- Added to Site: 46 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 8
Location
- Area: 661 - Temple City
- County: Los Angeles
- Development Name: 661 - Temple City
- Driving Directions: broadway
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 4,428
- Year Built: 1980
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.3517
- Lot Size (Sq. Ft.): 15,322
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $605.24
- Price Per Unit: 670000
Listed by RE/MAX Galaxy, Grace Zhang
Get Pre-Approved Today
Schools
Schools serving 5516 Sultana
School District:Temple City Unified School District
| Name | Grades | Distance |
|---|---|---|
Cloverly Elementary School 5476 Cloverly Avenue, Temple City, CA 91780 | 4-6 | 0.5 mi |
La Rosa Elementary School 9301 La Rosa Drive, Temple City, CA 91780 | K-3 | 0.6 mi |
Oak Avenue Intermediate School 6623 Oak Avenue, Temple City, CA 91780 | 7-8 | 1.3 mi |
Temple City High School 9501 Lemon Avenue, Temple City, CA 91780 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5516 Sultana
Date
Details
Price
Change
Source
5/20/2026
Listed
$2,680,000
17.03%
MLS
7/10/2023
Sold
$2,290,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5516 Sultana
Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,345
20%
$2,335,800
19%
2023
$23,634
7%
$1,961,076
2%
2022
$22,117
-2%
$1,922,625
2%
2021
$22,532
1%
$1,884,928
1%
2020
$22,217
2%
$1,865,602
2%
2019
$21,726
3%
$1,829,023
2%
2018
$21,187
171%
$1,793,160
202%
2017
$7,829
3%
$594,340
2%
2016
$7,615
2%
$582,687
2%
2015
$7,491
1%
$573,935
2%
2014
$7,408
—
$562,693
—
2013
$7,442
—
$560,151
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5516 Sultana
5516 Sultana, Temple City, CA 91780 (MLS# TR26109580) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 5516 Sultana is currently listed for $2,680,000 and was received on May 20, 2026. Want to learn more about 5516 Sultana? Do you have questions about finding other Multi-Family real estate for sale in Temple City? You can browse all Temple City real estate or contact a Coldwell Banker agent to request more information.

