732 S Ferris Avenue , Los Angeles, CA 90022
Los Angeles, CA 90022
Description
Welcome to this Amazing opportunity to own a Great Producing 8 Unit Commercial Property located in the Heart of East Los Angeles that is generating great rental income already but has a ton of more potential room for growth. This property consist of 7 units 1 Bedroom 1 Bathroom and 1 Unit 3 Bedroom and 1 Bathroom. The property was just freshly painted on the exterior, a new roof was put in recently, and property has been well maintained. This property has its own laundry room with coin operated machines for tenants use and will generate extra income for you. Property is located on the County Side where water bill is cheaper and has a low cost to maintain the property. The property is located in a highly desirable area of East Los Angeles located steps away from the famous Whittier corridor and close to many shopping stores and major freeways 5, 710, and 60 FWYS. Due to it's location vacancies are a thing of the past when a property comes up for rent there's a line of tenants looking to rent. You wont want to miss this opportunity perfect for a 1031 Exchange or any one looking to tap into Commercial Real Estate. See you in Escrow :).
Details
| Mls | MB24147881 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 142 |
| Listing Provided By | CENTURY 21 REALTY MASTERS 323-722-7700 | EDWIN BLANCO |
Features
| Sq Feet | 3,788 |
|---|---|
| Storys | 1 |
| Units | 8 |
| Buildings | 2 |
| Acreage | 0.24 |
Market Activity 90022
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | WLA West Los Angeles |
| Listing VS Median (in 90022) | |
Price: $1,399,000 low | high Med: $969,450 SqFt: 3,788 low | high Med: 1,816 $ / SqFt: $369 low | high Med: $737 On Site: 142 low | high Med: 190.500000 | |