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736 Sadler Avenue

East Los Angeles, CA 90022

$825,000 Sale Price
Est. Payment: $ 0/mo
3
Bed
0
Bath
2,432 Sq. Ft.
$350 / Sq. Ft.
Sold

736 Sadler Avenue

East Los Angeles, CA 90022

Sold
$825,000 Sale Price
$0/mo
3
Bed
0
Bath
2,432
Sq. Ft.
Perfect 4 unit multi-family investment property located in the very desirable rental area of East Los Angeles. First Time in the market in 17+ years the subject property unit mix consists of 4 units, 3 nice size one bedroom and one bathroom units and one studio unit in the rear. This is an excellent opportunity as this property can be sold with the adjacent 3 unit property located on 732 S. Sadler (MLS #DW23138336). The new owner will appreciate the current income yielding a 5.11% cap rate and $212,500 cost per unit. Total rentable square feet of the building is approximately is 2432 and lot is 6834 square feet. Tenants have parking space and 3 of the units enjoy a one car garage each. 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 # DW23138379 Lot Size 6,834 Sq. Ft.
HOA Fees $0/Monthly Property Type Quadruplex
Price $ 850,000
Price Per SqFt: $ 350
DOM 675 Days
Address 736 Sadler Avenue Type Residential Income
City East Los Angeles Sq.Ft. 2,432 Sq. Ft.
Postal Code 90022 Garage 3
County Los Angeles Year Built 1952
Bed / Bath 3 / 0 Parking 3
Built In 1952 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:   $907
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
07/26/2023 Listed $850,000
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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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