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732 Ferris Avenue
Los Angeles, CA 90022
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 INFORMATION
| MLS # | MB24142034 | Lot Size | 10,630 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 1,399,000
Price Per SqFt: $ 369 |
DOM | 297 Days |
| Address | 732 Ferris Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,788 Sq. Ft. |
| Postal Code | 90022 | Garage | N/A |
| County | Los Angeles | Year Built | 1928 |
| Bed / Bath | 8 / 0 | Parking | N/A |
| Built In | 1928 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Individual Room |
| EntryLocation | Front |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,492
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/23/2024 | Price Change (Relisted) | $1,450,000 (-6.45%) |
| 07/11/2024 | Listed | $1,650,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of EDWIN BLANCO, CENTURY 21 REALTY MASTERS. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
