101 Sunridge Street

Closed 8/28/23
Closed 8/28/23
Gallery Image 1
Sold
Last Sold Price
$2,034,325
6 beds2 baths1,872 sqft$1,087/sqft
101 Sunridge St, Playa del Rey, CA 90293
Multi FamilyProperty Type
2,764 sq ftLot Size
1956Year Built
$1,087/sq ftPrice per sq ft
2 carsParking Spaces

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...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.
  • Listed by: Brett Lyon DRE #01717818 Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
  • Listed by: Woody Stahl DRE #01399621 Brokerage DRE #01972083 • Lyon Stahl Investment Real Est
Listing closed: 08/28/2023 12:00 AM • Source: CRMLS, MLS#: SB23108863
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Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818; Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621

Sold By Todd Elling, Todd Elling, DRE #01014077

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Property Information for 101 Sunridge Street

Property Details
  • MLS Type: Residential Income
  • County: Los Angeles County
  • View: None
  • Parking Spaces Total: 2
  • Private Pool: No
  • Cooling Type: None
  • Total Units: 2.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 1872
  • Assessor Parcel Number: 4116-033-028
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 1872
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • Pool: No
  • View: No
  • View: No
  • Zoning: LAR3
  • Senior Community: No
  • Parcel Number: 4116033028
  • Area: Playa Del Rey (C31)
  • Directions: Located in the "Jungle" on the walk street Sunridge Street, 1 Parcel and across the street from the sand
Building Information
  • Stories: 2
  • Year Built: 1956
  • Lot Size: 0.06 AC / 2,764 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $66,074
  • Gross Scheduled Income: $69,552
  • Vacancy Allowance: 3478
  • Gross Operating Income: $66,074
  • Net Operating Income: $35,843
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $30,231
  • New Taxes Expense: $24,128
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,217
  • Maintenance Expense: $2,087
  • Other Expense: $1,600
  • Other Expense Description: Utility
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $30,231
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 8573
  • Tax Census Tract: 2781.02
  • CFD/Mello-Roos Fee: $234
  • Tax Lot: 13
Community / Development
Community / Development
  • Community Features: Biking
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Cooling: None
Exterior Features
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,250
  • Unit Type Total Rent: $3,250
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,546
  • Unit Type Total Rent: $2,546
  • Unit Type Pro Forma: 5500
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 101 Sunridge Street

DateEvent & SourcePriceAppreciation
Aug 28, 2023

Sold

CLAW #SB23108863MR

$2,034,325—
Aug 28, 2023

Sold

SDMLS #SB23108863

$2,034,325—
Aug 28, 2023

Sold

CRMLS #SB23108863

$2,034,325—
DateEvent & SourcePrice
08/28/2023

Sold

CLAW #SB23108863MR

$2,034,325
08/28/2023

Sold

SDMLS #SB23108863

$2,034,325
08/28/2023

Sold

CRMLS #SB23108863

$2,034,325

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 101 Sunridge Street

Taxable ValueLand$1,560,600Additions$555,573Total$2,116,173
Tax Record2025$24,896 ($2,075 / month)
Home Facts
Baths2Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtLot Size2,764 SqFtStyleDuplexYear Built1956Year Renovated1956ZoningLAR3CountyLOS ANGELESAPN4116-033-028

Schools near 101 Sunridge Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Loyola Village Elementary School
Public - K to 5
Kentwood Elementary School
Public - K to 5
Paseo Del Rey Natural Science Magnet
Public - K to 5
Orville Wright Engineering And Design Magnet
Public - 6 to 8
Rating
School
Distance
Loyola Village Elementary School
PublicK to 5

Kentwood Elementary School
PublicK to 5

Paseo Del Rey Natural Science Magnet
PublicK to 5

Orville Wright Engineering And Design Magnet
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 101 Sunridge Street, Playa del Rey, CA 90293
$2,034,325
6
2
1,872
2,764
105 Sunridge Street, Playa del Rey, CA 90293
$1,100,000
6
2
–
2,701
109 Sunridge Street, Playa del Rey, CA 90293
$1,550,000
6
3
2,784
2,700
113 Sunridge Street, Playa del Rey, CA 90293
$1,850,000
6
3
2,328
2,764
100 Sunridge Street, Playa del Rey, CA 90293
$2,050,100
6
2
1,872
2,553
108 Sunridge Street, Playa del Rey, CA 90293
$475,000
–
2
1,872
2,554

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Brett Lyon, DRE #01717818; Lyon Stahl Investment Real Est, Woody Stahl, DRE #01399621

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.