$ 1,399,000
732 S Ferris Avenue Los Angeles, CA 90022
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by EDWIN BLANCO • CENTURY 21 REALTY MASTERS
$ 1,399,000
Est. payment /mo
Active
732 S Ferris Avenue Los Angeles, CA 90022
3,788 SqFt
UPDATED:
10/30/2024 02:49 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,788 sqft
Price per Sqft $369
MLS Listing ID CRMB24142034
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1928
Lot Size 10,630 Sqft
Property 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 :).
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Laundry Room
Building
Water Public
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