159 S SUNOL Drive, Los Angeles, CA 90063

About this property

We are pleased to present 159 South Sunol Drive, a 14 unit Two-Story Town-Home Style Apartment Building consisting of 3 and 4 Bedroom Units. Newer 1972 Construction with Strong In-Place Rents yet possessing a Realistic Rental Upside Potential of +/- 25%. ALL 14 Units have Private Backyards, Washer and Dryer Hook-Ups and are Individually Metered for Gas and Electricity. This Investment Property Consists of (3) Structures on a Huge 32,141 Square Foot Lot, providing Plenty of Covered Parking (20 Carports & 1 Garage). Situated between Monterey Park and Boyle Heights. Tenants easily commute to the 60, 710, 5 and 101 Freeways (as well as a short drive to Downtown Los Angeles). Property is Located in Unincorporated County of Los Angeles, Rent Control Ordinance is in effect.

Listing description from the April 2022 sale, as reported to CRMLS.

Sale history

$4,180,000

Sold April 2022 · listed $4,225,000, on market February 2022 · MLS #22127613 · Source: CRMLS

Listing Agent: Shant Sherbetdjian · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Edwin Huber · Century 21 Peak

$3,700,000

Sold July 2019 · listed $3,705,000, on market April 2019 · MLS #19454286 · Source: CRMLS

Listing Agent: Shant Sherbetdjian · Listing Office: Remax Commercial and Investmen · Contact: 213-817-1000 · Bought with: LAI WONG · PREMIER INVESTORS R. E. INC.

$2,750,000

Sold September 2015 · listed $2,995,000, orig. $3,100,000, on market June 2015 · MLS #15913069 · Source: CRMLS

Listing Agent: Steffan Braunlich · Listing Office: Berkadia · Contact: 310-470-4883 · Bought with: Shant Sherbetdjian · Remax Commercial and Investmen

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