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 :).
Sold for $1,325,000 on 02/11/25
Listing Provided by: 
EDWIN BLANCO DRE #02054714 323-695-1868,
CENTURY 21 REALTY MASTERS
Bought with: CENTURY 21 REALTY MASTERS
$1,325,000
732 S Ferris Ave, Los Angeles, CA 90022
10beds
8baths
3,788sqft
Mixed Use
Built in 1928
-- sqft lot
$1,302,600 Zestimate®
$350/sqft
$2,685 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 11, 2025 at 03:27pm
Listing Provided by:
EDWIN BLANCO DRE #02054714 323-695-1868,
CENTURY 21 REALTY MASTERS
Bought with:
EDWIN BLANCO, DRE #02054714
CENTURY 21 REALTY MASTERS
Source: CRMLS,MLS#: MB24142034
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
 - Bathrooms: 8
 
Appliances
- Laundry: Laundry Room
 
Features
- Common walls with other units/homes: 2+ Common Walls
 
Interior area
- Total structure area: 3,788
 - Total interior livable area: 3,788 sqft
 
Property
Features
- Levels: One
 - Stories: 1
 - Entry location: Front
 - Pool features: None
 
Lot
- Size: 10,630 sqft
 
Details
- Parcel number: 5240007007
 - Zoning: LCR3*
 - Special conditions: Standard
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: Mixed Use
 - Attached to another structure: Yes
 
Condition
- New construction: No
 - Year built: 1928
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Public
 
Community & neighborhood
Community
- Community features: Sidewalks
 
Location
- Region: Los Angeles
 
HOA & financial
Other financial information
- Total actual rent: 11101
 
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
 
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Estimated market value
$1,302,600