
Seller's Agent in 2023
David Gomez
Realty Executives
(323) 715-6261
6 in this area
30 Total Sales
Estimated Value: $788,000 - $933,041
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.
Last Agent to Sell the Property
Realty Executives Com. & Res. License #01805497 Listed on: 07/26/2023
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Two Hearts Apparel Inc | $825,000 | Chicago Title | |
Deloza Adolfo M | -- | None Available | |
Deloza Adolfo | $545,000 | Fidelity National Title Co | |
Montalvo Helen | -- | -- | |
Ames Irma R | -- | United Title Company | |
Ames Irma R | -- | United | |
Montalvo Helen | $285,000 | -- |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Deloza Adolfo M | $295,000 | |
Previous Owner | Deloza Adolfo | $45,750 | |
Previous Owner | Deloza Adolfo | $354,250 | |
Previous Owner | Montalvo Helen | $265,000 | |
Previous Owner | Montalvo Helen | $228,000 | |
Previous Owner | Paredes Irma R | $1,000,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/20/2023 09/20/23 | Sold | $825,000 | -2.9% | $339 / Sq Ft |
08/24/2023 08/24/23 | Pending | -- | -- | -- |
07/26/2023 07/26/23 | For Sale | $850,000 | -- | $350 / Sq Ft |
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $11,839 | $841,500 | $561,000 | $280,500 |
2024 | $11,839 | $825,000 | $550,000 | $275,000 |
2023 | $10,418 | $715,853 | $485,995 | $229,858 |
2022 | $10,090 | $701,817 | $476,466 | $225,351 |
2021 | $9,773 | $688,057 | $467,124 | $220,933 |
2019 | $9,431 | $667,651 | $453,270 | $214,381 |
2018 | $9,572 | $654,561 | $444,383 | $210,178 |
2016 | $8,938 | $608,000 | $345,500 | $262,500 |
2015 | $8,132 | $570,000 | $323,900 | $246,100 |
2014 | $7,611 | $520,000 | $295,500 | $224,500 |
Seller's Agent in 2023
David Gomez
Realty Executives
(323) 715-6261
6 in this area
30 Total Sales
Buyer's Agent in 2023
LETICIA PEREZ
TRT CAPITAL
(626) 271-0352
2 in this area
16 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23138379
APN: 6342-028-011