732 S Sadler Avenue
East Los Angeles, CA 90022
- – beds
- – baths
- – sqft
- 6,804 sqft lot
- 1951 build
- – on site
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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.
Listed By CRMLS_CA / David Gomez / Realty Executives Com. & Res.
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Last updated Sep 20, 2023
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MLS# DW23138336 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/20/23
Sep 20, 2023
|
Sold | CRMLS_CA | $725,000 | -3.3% |
8/24/23
Aug 24, 2023
|
Pending | CRMLS_CA | $750,000 | |
7/26/23
Jul 26, 2023
|
Listed / Active | CRMLS_CA | $750,000 |