$1,399,000
 $7,510 forsale estimated payment Sourced by Back At You

732 S Ferris Avenue , Los Angeles, CA 90022

Los Angeles, CA 90022

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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

MlsMB24142034
Listing TypeFor Sale
StyleMixed Use
SubtypeResale
StatusActive
Year1928
Days On Site147
Listing Provided ByCENTURY 21 REALTY MASTERS 323-722-7700 | EDWIN BLANCO

Features

Sq Feet3,788
Storys1
Units8
Buildings2
ZoningLCR3*
Acreage0.24

Market Activity 90022

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 6 minutes ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90022
AreaWLA West Los Angeles
Listing VS Median (in 90022)
Price:
$1,399,000
low | high
Med:
$969,450
80.704074338813% of Average
SqFt:
3,788
low | high
Med:
1,816
100% of Average
$ / SqFt:
$369
low | high
Med:
$737
49.682551338098% of Average
On Site:
147
low | high
Med:
192.500000
76.363636363636% of Average
Sourced by Back At You
Listing Updated: December 7, 2024 at 6:39:31 PM PST
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