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$1,399,000

Beds
Unknown
sq ft
Unknown

732 S Ferris Ave, Los Angeles, CA 90022

732 S Ferris Ave

Los Angeles, CA 90022

  • 163 days on market
    • Price drop $51,000↓
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 :).

Details

Property type

Mixed Use

Lot size

0.244 acres

Price per sq ft

Unknown

Year built

1928

Price History

10/29/2024
CRMLS

CRMLS #MB24142034

Price change
$1,399,000
-3.52%
10/23/2024
CRMLS

CRMLS #MB24142034

Price change
$1,450,000
-6.45%
09/12/2024
CRMLS

CRMLS #MB24142034

Price change
$1,550,000
-6.06%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 12/26/2024 at 12:30 PM

Listing updated: 12/10/2024 at 9:31 AM

Listed by: EDWIN BLANCO, CENTURY 21 REALTY MASTERS Phone #: (323) 722-7700

MLS: CRMLS #MB24142034

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