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.

California Regional MLS logo Listed By CRMLS_CA / David Gomez / Realty Executives Com. & Res.

Last checked: Checking… • Last updated Sep 20, 2023 •

MLS# DW23138336 —

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Sale history

Date Event Source Price % Change
9/20/23
Sold CRMLS_CA $725,000 -3.3%
8/24/23
Pending CRMLS_CA $750,000
7/26/23
Listed / Active CRMLS_CA $750,000

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Multifamily Sold on 9/20/2023

$725,000

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Listing provided by broker:

David Gomez

Realty Executives Com. & Res.

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Realty Executives Com. & Res.. Based on information from California Regional Multiple Listing Service, Inc. as of 10:31 on Mar 28.

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