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$3,775,000
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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.
Full Property Details
Full Property Details for 5631 Sultana Ave
General
- Sold For: $3,775,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-405477
- Added to Site: 707 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 11
Bedrooms
- Total Bedrooms: 17
Additional Information
- Security/Safety: None
- Other Features: None
Parking
- Garage Description: Carport, Garage Is Detached, Parking Space
Location
- Area: Temple City
- County: Los Angeles
- Driving Directions: East on Broadway, North on Sultana
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Wall
Structural Information
- # Buildings: 7
- Stories/Levels: 1
- Square Feet: 7,686
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1962
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 10
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1.5
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.4889
- Lot Size: 22320
- Lot Size Source: Assessor
- Lot Dimensions: 97 x 229
- Zoning: TCR3*
Financial Considerations
- Price Per Sq. Ft.: $497.66
- Assessment Year: 1962
- Owner Pays: Gardener, Water
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5387-028-011
Listed by Realty Investment Advisors, Inc., Benjamin J. Hsiang
Sold by Cbd Investment Inc., Steve Hang
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Schools
Schools serving 5631 Sultana Ave
School District:Temple City Unified School District
| Name | Grades | Distance |
|---|---|---|
La Rosa Elementary School 9301 La Rosa Drive, Temple City, CA 91780 | K-3 | 0.7 mi |
Oak Avenue Intermediate School 6623 Oak Avenue, Temple City, CA 91780 | 7-8 | 1.2 mi |
Temple City High School 9501 Lemon Avenue, Temple City, CA 91780 | 9-12 | 1.2 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 5631 Sultana Ave
Date
Details
Price
Change
Source
11/22/2024
Sold
$3,775,000
-1.31%
MLS
7/03/2024
Listed
$3,825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5631 Sultana Ave, Temple City, CA 91780 (MLS# 24-405477) is a Multi-Family property that was sold at $3,775,000 on November 22, 2024. Want to learn more about 5631 Sultana Ave? 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.

