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.
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
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#: SB23108863
Originating 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