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732 S Ferris Avenue

Los Angeles, CA 90022

– beds
– baths
– sqft
10,630 sqft lot
1928 build
– on site

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 :).

Listed By CRMLS_CA / EDWIN BLANCO / CENTURY 21 REALTY MASTERS / 323-695-1868

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# MB24142034 —

The Building

Year Built:

1928
Year Built Source:

Other
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

3788.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

8
Stories Total:

1
# of Separate Gas Meters:

8
# of Separate Water Meters:

1
# of Separate Electric Meters:

8

Interior

Levels:

One
Entry Location:

Front
Laundry:

Individual Room
Laundry:

1

Location

Directions:

North of Whittier Blvd West of Atlantic
Latitude:

34.02288100
Longitude:

-118.16264400

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

LCR3*
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

10630.0000
Lot Size Acres:

0.2440
Lot Size SqFt:

10630.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

4
Tax Census Tract:

5316.04
Tax Tract:

4074
Tax Lot:

4

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5240007007
Showings Begin:

2024-07-16

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Sidewalks
Pool:

None
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/29/24 Oct 29, 2024	Price Changed	CRMLS_CA	$1,399,000	-3.5%
10/23/24 Oct 23, 2024	Price Changed	CRMLS_CA	$1,450,000	-6.5%
9/12/24 Sep 12, 2024	Price Changed	CRMLS_CA	$1,550,000	-6.1%

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This multifamily located in Eastside, East Los Angeles, CA 90022 is currently for sale for $1,399,000. 732 S Ferris Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 131 days. 732 S Ferris Avenue is in the Eastside neighborhood of East Los Angeles and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Griffith Middle School, Esteban Torres Hs Humanitas Academy Of Art & Technology, Hilda L Solis Learning Academy, Esteban Torres High School - East Los Angeles Renaissance Academy, Ford Boulevard Elementary School, James A Garfield Senior High School, and Esteban Torres Hs - Engineer And Technology Academy.

Listing Courtesy of: CRMLS_CA and CENTURY 21 REALTY MASTERS. Based on information from California Regional Multiple Listing Service, Inc. as of 17:40 on Nov 24.

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.