$1,050,000
$1,110,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
945 S Ferris AVE East Los Angeles, CA 90022
2,563 SqFt
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,563 sqft
Price per Sqft $409
MLS Listing ID WS21160434
Sold Date 12/13/21
HOA Y/N No
Year Built 1924
Lot Size 6,703 Sqft
Acres 0.1539
Property Description
Delightful investment opportunity. one unit is 3 bedrooms and 1 bathroom, all other three units are 2 bedrooms and 1 bathroom. The front one level building is unit #945, the middle two level building are units #943 and #943 ½, the back one level building is unit #945 ½. Has a front yard and a big back yard using as total 4 outdoor parking spaces. Individual hot water boilers, separated electrical and gas meters, stable tenants, very well maintained, all month-to-month leases. Annual gross rental income is ±$77,400, with a very good upside potential. Just minutes away from Freeway 710, 5, 60, & 10. In a very convenient location, walking distance to Whittier Blvd which is the major commercial corridor in East Los Angeles. Please do not disturb tenants, offer subject to interior inspection.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Yard
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 5246027010
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with SEVERO ARREOLA • ARREOLAS REALTY