Los Angeles, CA 90022,732 S Ferris Avenue
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Los Angeles, CA 90022,732 S Ferris Avenue
Los Angeles, CA 90022,732 S Ferris Avenue
Los Angeles, CA 90022,732 S Ferris Avenue
Los Angeles, CA 90022,732 S Ferris Avenue
Listed by EDWIN BLANCO • CENTURY 21 REALTY MASTERS
Bought with EDWIN BLANCO • CENTURY 21 REALTY MASTERS

$1,325,000

Est. payment /mo
Est.Price: ?

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732 S Ferris Avenue Los Angeles, CA 90022

3,788 SqFt

SOLD DATE : 02/11/2025

Key Details

Sold Price $1,325,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,788 sqft

Price per Sqft $349

MLS Listing ID CRMB24142034

Sold Date 02/11/25

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1928

Lot Size 10,630 Sqft

Property Sub-Type Other

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

Fireplace No

Laundry Laundry Room

Building

Water Public

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Bay East AOR and Contra Costa AOR
agent

The Rama Mehra Team

Company | License ID: CA 02014153

+1(925) 415-0835

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