$ 1,399,000
732 South Ferris Avenue Los Angeles, CA 90022
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Listed by EDWIN BLANCO • CENTURY 21 REALTY MASTERS
$ 1,399,000
Est. payment | /mo
$ 1,399,000
Est. payment | /mo
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB-24147881
Year Built 1928
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
Laundry Individual Room
Building
Lot Description Lot 10000-19999 Sqft
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Darren Humphrey
Partner | Lic# DRE 01724424