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732 Sadler Avenue

East Los Angeles, CA 90022

$725,000 Sale Price
Est. Payment: $ 0/mo
3
Bed
0
Bath
2,064 Sq. Ft.
$363 / Sq. Ft.
Sold

732 Sadler Avenue

East Los Angeles, CA 90022

Sold
$725,000 Sale Price
$0/mo
3
Bed
0
Bath
2,064
Sq. Ft.
Perfect 3 unit multi-family investment property located in the very desirable rental area of East Los Angeles. First Time in the market in 19+ years the subject property unit mix consists of 3 nice size one bedroom and one bathroom units (Approximately 688 sq. ft each). This is an excellent opportunity as this property can be sold with the adjacent 4 unit property located on 736 S. Sadler (MLS ID #DW23138379). The new owner will appreciate the current income yielding a 4.46% cap rate and $250,000 cost per unit. Total rentable square feet of the building is approximately is 2064 and lot is 6804 square feet. Tenants have one parking space each and enjoy a one car garage. The garages can possibly be converted to an ADU. All rental units are separately metered for Gas and Electricity while the owner pays for Water & Trash. Tenants also enjoy the convenience of being located walking distance to the many shops and restaurants off of the Whittier Boulevard's retail corridor and within a short drive to the 5,60 and 710 freeways. With limited inventory this prime location property is just a few blocks from the city of Montebello and is perfect for the 1031 exchange investor or a buyer that may want to live in one of the units. Must see to appreciate. Investor will not be disappointed.
PROPERTY INFORMATION
MLS # DW23138336 Lot Size 6,804 Sq. Ft.
HOA Fees $0/Monthly Property Type Triplex
Price $ 750,000
Price Per SqFt: $ 363
DOM 648 Days
Address 732 Sadler Avenue Type Residential Income
City East Los Angeles Sq.Ft. 2,064 Sq. Ft.
Postal Code 90022 Garage 3
County Los Angeles Year Built 1951
Bed / Bath 3 / 0 Parking 3
Built In 1951 Status Closed
Sold Date 2023-09-20
INTERIOR FEATURES
Has Laundry No
Laundry Information None
EntryLocation Front
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $800
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
07/26/2023 Listed $750,000
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Listing provided courtesy of David Gomez, Realty Executives Com. & Res.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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