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Sold for $2,034,325 on 08/28/23
  • Listing Provided by: 

    Brett Lyon DRE #01717818 310-425-9838,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    $2,034,325

    101 Sunridge St, Playa Del Rey, CA 90293

    --beds
    --baths
    1,872sqft
    Duplex
    Built in 1956
    -- sqft lot
    $1,887,000 Zestimate®
    $1,087/sqft
    $9,150 Estimated rent

    What's special

    101 Sunridge Street is a well positioned duplex situated in the highly sought-after “jungle” neighborhood in Playa Del Rey. This building is not subject to LA City Rent Control (RSO) and is solely subject to statewide rent control (AB 1482). Located one parcel from the sand, the property boasts a mix of (2) 3-bed/1-bath units. The upstairs unit features (2) private balconies and the downstairs unit features a spacious patio. Tenants enjoy their own parking space in separate 1-Car garages, as well as living on a quiet walk-street. Great proximity to Playa Del Rey Beach provides easy access to a range of retail and restaurant establishments. The building offers 1,872 RSF of living space priced at $1,095/SF and $1,025,000 per unit, with a proforma 15.53 GRM and 4.65% Proforma CAP presenting immediate upside potential. With its premier location, sizeable living space, and attractive pricing, 101 Sunridge Street is an excellent and rare investment opportunity for any Los Angeles CRE Investor or potential owner-user.

    Zillow last checked: 7 hours ago

    Listing updated: August 28, 2023 at 07:57am

    Listing Provided by:

    Brett Lyon DRE #01717818 310-425-9838,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    Bought with:

    Todd Elling, DRE #01014077

    Todd Elling

    Source: CRMLS,MLS#: SB23108863MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Cooling
    • None
    Appliances
    • Laundry: Washer Hookup
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,872
    • Total interior livable area: 1,872 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2,764 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 4116033028
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking
    Location
    • Region: Playa Del Rey

    HOA & financial

    Other financial information
    • Total actual rent: 5796

    Other

    Other facts
    • Listing terms: Conventional
    Services availability
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    Estimated market value

    $1,887,000