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

$2,034,325

Est. payment /mo

$2,050,000

0.8%
Est.Price: ?

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101 Sunridge ST Playa Del Rey, CA 90293

2,766 Sqft Lot

SOLD DATE : 08/28/2023

Key Details

Sold Price $2,034,325

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23108863

Sold Date 08/28/23

HOA Y/N No

Year Built 1956

Lot Size 2,766 Sqft

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

Area C31 - Playa Del Rey

Zoning LAR3

Interior

Cooling None

Fireplace No

Laundry Washer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4116033028

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
Bought with Todd Elling • Todd Elling

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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