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 :).
Property Details
Price:
$1,399,000
MLS #:
MB24142034
Status:
Active
Baths:
0
Address:
732 S Ferris Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
wlawestlosangeles
City:
Los Angeles
Listed Date:
Jul 10, 2024
State:
CA
ZIP:
90022
Lot Size:
10,630 sqft / 0.24 acres (approx)
Year Built:
1928
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
Lot 10000-19999 Sqft
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address732 S Ferris Avenue Los Angeles CA
- AreaWLA – West Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90022
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Courtesy of CENTURY 21 REALTY MASTERS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
732 S Ferris Avenue
Los Angeles, CA
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