East Los Angeles, CA 90022,732 S Sadler AVE
East Los Angeles, CA 90022,732 S Sadler AVE
East Los Angeles, CA 90022,732 S Sadler AVE
East Los Angeles, CA 90022,732 S Sadler AVE
East Los Angeles, CA 90022,732 S Sadler AVE
East Los Angeles, CA 90022,732 S Sadler AVE
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$725,000

$750,000

3.3%
Est.Price: ?

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Est. payment /mo

6,804 Sqft Lot


SOLD DATE : 09/20/2023

Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW23138336

Sold Date 09/20/23

HOA Y/N No

Year Built 1951

Lot Size 6,804 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCR305

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description Near Public Transit, Rectangular Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6342028010

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by David Gomez • Realty Executives Com. & Res.
Bought with Leticia Perez • RE/MAX OLYMPIC

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