Playa Del Rey, CA 90293,101 Sunridge Street
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Playa Del Rey, CA 90293,101 Sunridge Street
Playa Del Rey, CA 90293,101 Sunridge Street
Playa Del Rey, CA 90293,101 Sunridge Street
Playa Del Rey, CA 90293,101 Sunridge Street

$2,034,325

Est. payment /mo

$2,050,000

0.8%
Est.Price: ?

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101 Sunridge Street Playa Del Rey, CA 90293

6 Beds

SOLD DATE : 08/28/2023

Key Details

Sold Price $2,034,325

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23108863

Bedrooms 6

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County Los Angeles

Zoning Assessor

Exterior

View Y/N No

Building

Story 2

Others

Acceptable Financing Conventional

Listing Terms Conventional

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MLS Router / San Diego MLS
Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc.
Bought with NON LISTED AGENT San Diego
Candi DeMoura

Candi DeMoura

Realtor | License ID: 01930846

+1(858) 900-1333

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