5516 Sultana Ave

Temple City CA 91780

15322 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

RARE Value-Add Multi-Family Opportunity in the Heart of Temple City with Award-Winning Temple City Schools! Situated on a large lot with desirable R3 zoning in a quiet and highly sought-after neighborhood, this well-maintained 4-unit property offers excellent current cash flow with tremendous upside potential. The property features an ideal unit mix consisting of one spacious front unit with 3 Bedrooms and 2 Bathrooms with its own attached garage, plus three additional units each offering 2 Bedrooms and 2 Bathrooms. Most units have been tastefully remodeled with newer kitchens, newer laminate flooring, and fresh interior paint throughout. The property has consistently attracted quality tenants with strong payment history and stable rental income. **Adding even greater value, the property includes permit-ready plans to convert the detached garages into TWO ADUs totaling approximately 1,200 SqFt, each designed as 2 Bedrooms and 1 Bathroom units, creating significant future income potential. **Conveniently located near top-rated schools, shopping, dining, transportation, and everyday amenities. Excellent opportunity for investors, owner-users, or 1031 Exchange buyers seeking long-term growth and strong upside potential. LOCATION, LOCATION, LOCATION!