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Map
$5,461,139*
●
Multifamily -
Off Market
159 South SUNOL Drive
Los Angeles (City), CA 90063
44 Beds
28 Baths
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.
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 |
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Property Highlights
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/14/2022
|
|
Studio
|
-
|
-
|
$4,225,000
Studio
-
|
$4,180,000
-1.07%
04/22/2022
|
-
|
Shant Sherbetdjian
Remax Commercial and Investment Realty
|
11/14/2018
|
|
46 Bed
|
28 Bath
|
15836 ft²
|
$3,875,000
46 Bed
28 Bath
15836 ft²
|
$3,700,000
-4.52%
07/10/2019
|
Shant Sherbetdjian
|