NOT LISTED FOR SALE

748 S Sadler Ave Los Angeles, CA 90022

Estimated Value: $705,000 - $835,932

4 Beds
2 Baths
1,540 Sq Ft
$513/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $505,000 $328 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,937/month

7 Days on Market

About This Home

As of June 2018

WOW>>>TAKE ADVANTAGE OF THIS GREAT PROPERTY WITH 2 UNITS PRICED WAY UNDER MARKET VALUE. Super rental property located near shopping centers, Regency Commerce movie theatre, Wellsfargo and Chase banks plus a Starbucks across the street. The property is 5 minutes from the 60 Freeway. This great income property has a 3 bedrooms 1 bath in the large front unit and a detached 1 bedroom 1 bath in the back. Separate gas and electricity meter. The units units were remodeled in 2015. The front unit kitchen has quartz counter tops, white cabinets. Plenty of parking with a long driveway. SELLER DOESN'T WANT TO SELL BUT NEEDS TO SELL FAST!!! LOOKING FOR A CASH BUYER OR ANYONE THAN CAN CLOSE IN LESS THAN 30 DAYS!!! THIS LISTING IS NOT A SHORT SALE

Last Agent to Sell the Property

Alonso Magallanes

OPTION ONE REALTY & INVESTMENT License #01426982 Listed on: 05/11/2018

Last Buyer's Agent

Oscar Morales

OPTION ONE REALTY & INVESTMENT License #01908712

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,732

Year Built

  • Built in 1938

Lot Details

  • 6,610 Sq Ft Lot
  • No Common Walls
  • Private Yard

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 484
  • Tax Tract Number 5445
  • Assessor Parcel Number 6342028013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,732

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR305
  • Property Type: Residential Income
  • Parcel Number: 6342028013
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 327.92

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6610.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5317.01
  • Tax Lot: 484
  • Tax Tract Number: 5445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Ortuno Erika
Bought by
Ortuno Erika and Erika Ortuno Family Trust
Current Estimated Value
$789,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,341
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 11, 2018
Closed on
May 23, 2018
Sold by
Sepulveda Jose C
Bought by
Ortuno Erika
Seller's Agent
Alonso Magallanes
OPTION ONE REALTY & INVESTMENT
Buyer's Agent
Oscar Morales
OPTION ONE REALTY & INVESTMENT
List Price
$475,000
Sold Price
$505,000
Premium/Discount to List
$30,000
6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%
Original Mortgage
$495,853
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 11, 2014
Closed on
Jan 20, 2015
Sold by
Grk Properties Llc
Bought by
Sepulveda Jose C
Seller's Agent
Bryan Cathcart
City and Coast Properties
Buyer's Agent
Ana Navarro
Keller Williams Realty Irvine
List Price
$479,000
Sold Price
$469,000
Premium/Discount to List
-$10,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$281,400
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2014
Sold by
Krantz Helen
Bought by
Grk Properties Llc

Purchase Details

Closed on
Jun 21, 2007
Sold by
Krantz Helen
Bought by
Krantz Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ortuno Erika -- None Available
Ortuno Erika $505,000 Stewart Title
Sepulveda Jose C $469,000 None Available
Grk Properties Llc -- None Available
Krantz Helen -- Stewart Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortuno Erika $501,000
Previous Owner Ortuno Erika $493,341
Previous Owner Ortuno Erika $495,853
Previous Owner Sepulveda Jose C $281,400
Previous Owner Krantz Helen $544,185
Previous Owner Krantz Helen $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2018 06/13/18 Sold $505,000 +6.3% $328 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $475,000 +1.3% $308 / Sq Ft
02/04/2015 02/04/15 Sold $469,000 -2.1% $305 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
11/25/2014 11/25/14 For Sale $479,000 -- $311 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $7,732 $574,597 $402,788 $171,809
2024 $7,732 $563,332 $394,891 $168,441
2023 $7,570 $552,288 $387,149 $165,139
2022 $7,320 $541,459 $379,558 $161,901
2021 $7,081 $530,843 $372,116 $158,727
2020 $7,031 $525,401 $368,301 $157,100
2019 $6,821 $515,100 $361,080 $154,020
2018 $6,878 $495,388 $211,253 $284,135
2016 $6,596 $476,152 $203,050 $273,102
2015 $4,645 $329,000 $279,000 $50,000
2014 $1,358 $43,152 $25,576 $17,576
Source: Public Records

Agents Affiliated with this Home

  • Alonso Magallanes

    Seller's Agent in 2018

    Alonso Magallanes

    OPTION ONE REALTY & INVESTMENT

    (626) 890-7214

    21 Total Sales

    Alonso Magallanes
    Section Image

  • O

    Buyer's Agent in 2018

    Oscar Morales

    OPTION ONE REALTY & INVESTMENT

    (626) 974-0453

    1 in this area

    31 Total Sales

    Oscar Morales
    Section Image

  • B

    Seller's Agent in 2015

    Bryan Cathcart

    City and Coast Properties

    Section Image

  • E

    Seller Co-Listing Agent in 2015

    Erin Paul

    TDC/Pacific Properties Inc.

  • A

    Buyer's Agent in 2015

    Ana Navarro

    Keller Williams Realty Irvine

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18111710

California Regional Multiple Listing Service (CRMLS)

APN: 6342-028-013

California Los Angeles County Los Angeles 90022

748 S Sadler Ave, Los Angeles, CA

This home is located at 748 S Sadler Ave, Los Angeles, CA 90022 since 11 May 2018 and is currently estimated at $789,483, approximately $512 per square foot. This property was built in 1938. 748 S Sadler Ave is a home located in Los Angeles County with nearby schools including Joseph A. Gascon Elementary School, Eastmont Intermediate School, and Schurr High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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