See Home Value
$5,461,139*
Multifamily - Off Market

159 South SUNOL Drive

Los Angeles (City), CA 90063
bedrooms
44 Beds
bathrooms
28 Baths
square feet
15836 Sqft
$3,335,000 - $4,075,000
Reference Base Price*
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model

About This Property

Presenting the Sunol Apartments, a Rare and Unique Investment Opportunity currently cashing in 5.31% Cap Rate with a 12.99 GRM, situated adjacent to Boyle Heights and 1.3 miles from Monterey Park. The Sunol Apartments consist of 14 Spacious Two-Story Townhome Style easily rentable Units sitting on a very large 32,141 Square Foot LCR3 Zoned Lot. With an Excellent Unit Mix, the Sunol Apartments provide (2) 4 Bed + 1.5 Bath and (12) 3 Bed +1.5 Bath Units equipped with multiple Amenities such as Private Backyards, Individually Metered for Gas & Electricity, Laundry Hook-Ups in each unit, Secured/Covered Parking & Secured Entry. A Newer 1972 Construction Requiring Minimal Landlord Maintenance, Has Strong In Place Rents garnering top dollar in any market & with room for Rental Upside Potential of +/- 21%. Situated in a Historically Low Vacancy Rental Pocket of Los Angeles, this Prime Offering is ready for any Investor looking to add onto their Portfolio or complete your Exchange Upleg.

The manager has listed the unit size as 15836 square feet.
Unit Size
15,836Ft²
Days on Market
-
Land Size
32,141.00 acres
Price per sqft
$234
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1972

Price History

Date / Event Date Event Price
Apr 22, 2022 Sold $4,180,000
Sold
Jul 13, 2019 No longer available -
No longer available
Jul 10, 2019 Sold to Peijie Ma, Robert Wu $3,700,000
Sold to Peijie Ma, Robert Wu
May 22, 2019 Relisted $3,705,000
Relisted
Apr 29, 2019 No longer available -
No longer available
Show More

Property Highlights

Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220214
02/14/2022
Studio
-
-
$4,225,000
bedrooms
Studio
bathrooms
-
$4,180,000 -1.07%
04/22/2022
-
Shant Sherbetdjian
Remax Commercial and Investment Realty
20181114
11/14/2018
46 Bed
28 Bath
15836 ft²
$3,875,000
bedrooms
46 Bed
bathrooms
28 Bath
square feet
15836 ft²
$3,700,000 -4.52%
07/10/2019
Shant Sherbetdjian

Building Info

159 South Sunol Drive 159 South Sunol Drive, Los Angeles, CA 90063
More about this Building
159 South Sunol Drive
Want to find out who owns 159 South Sunol Drive, Los Angeles, CA 90063? Get detailed property transactions here .

About East Los Angeles


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3412 E 7th St, Los Angeles, CA, 90023

$4,000 /mo

  • 4 Beds
  • 3.5 Baths
  • 1,500 ft²
3412 E 7th St, Los Angeles, CA, 90023 Listing by Christiano Sampaio
Unit for rent at 3443 E 8th St, Los Angeles, CA, 90023

$2,850 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
3443 E 8th St, Los Angeles, CA, 90023 Listing by Rachael White
Unit for rent at 1126 North Evergreen Avenue, Los Angeles, CA, 90033

$2,900 /mo

  • 2 Beds
  • 2 Baths
  • 952 ft²
1126 North Evergreen Avenue #1, Los Angeles, CA, 90033 Listing by David Tramontano


Quantcast