$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 #MB24142034
Price change
$1,399,000
-3.52%
10/23/2024
CRMLS #MB24142034
Price change
$1,450,000
-6.45%
09/12/2024
CRMLS #MB24142034
Price change
$1,550,000
-6.06%
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
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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