$ 1,399,000
732 S Ferris AVE Los Angeles, CA 90022
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In-PersonVirtual Tour
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
$ 1,399,000
Est. payment /mo
Price Dropped by $51K
732 S Ferris AVE Los Angeles, CA 90022
10,630 Sqft Lot
UPDATED:
10/29/2024 07:10 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRMB24142034
Originating Board California Regional MLS
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
Area Wla - West Los Angeles
Interior
Laundry In Laundry Room
Exterior
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 5240007007
Special Listing Condition Not Applicable
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Listed by EDWIN BLANCO • CENTURY 21 REALTY MASTERS