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Listed by Grace Zhang, DRE #01946544 • RE/MAX Galaxy
$2,680,000
Est. payment /mo
0.35 Acres Lot
Active
5516 Sultana Temple City, CA 91780
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR26109580
Year Built 1980
Lot Size 0.352 Acres
Property Sub-Type Fourplex
Source California Regional MLS
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!
Location
State CA
County Los Angeles
Area 661 - Temple City
Interior
Heating Electric
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Garage Spaces 8.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 5387026010
Special Listing Condition Not Applicable
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