732 S Ferris Avenue

Los Angeles, CA 90022

About this property

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 :).

About this property

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 :).

Features and Additional Information

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$1,399,000 Active
3,788 SQFT

Presented By Coldwell Banker Commercial Real Estate Solutions

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Get in touch today! Phone: 1-760-684-8000
License #DRE: 01857050
Brokerage
CENTURY 21 REALTY MASTERS 323-722-7700
1-323-722-7700
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Area Information

WLA West Los Angeles | Los Angeles County |

$ 1,399,000
This listing is play_arrow 49.2% higher than the average in the area
$ 937,450 in the area
3,788 SqFt
This listing is play_arrow 30.9% larger than the average in the area
2,894 SqFt in the area
$ 369 $/SqFt
This listing is play_arrow 13.7% more than the average in the area
$ 325 $/SqFt in the area
145 days on site
This listing is play_arrow 39.3% below the average in the area
239 days on site in the area

Schools in the Area

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    Elementary School
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Listed By EDWIN BLANCO
Brokerage: CENTURY 21 REALTY MASTERS 323-722-7700

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