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    945 S Ferris Avenue

    East Los Angeles, CA 90022
    • $1,120,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: WS21160434
    $1,120,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    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 , the back one level building is unit #945 . 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. 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 deemed reliable but is not guaranteed accurate by the MLS or Latrice Deluna Homes | The Orion Group. Licensed in the State of California, USA.
    www.findorangecountyhomelistings.com/homes/119565986
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    945 S Ferris Avenue East Los Angeles, CA 90022

    • Price: $1,120,000
    • Status: Active
    • ID#: WS21160434
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1924
    Built
    Neighborhood:
    ELA - East Los Angeles
    County:
    Los Angeles
    Area:
    ELA - East Los Angeles
    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 , the back one level building is unit #945 . 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.
    Exterior Features

    Lot Features Yard Number Of Separate Electric Meters 4 Open Parking Spaces 4 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 1 Common Wall

    Property Features

    Additional Parcels YN No Cap Rate 4.63 Common Interest Community Apartment Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 77400 Gross Scheduled Income 77400 Insurance Expense 2000 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Maintenance Expense 1200 Net Operating Income 55100 New Construction YN No New Taxes Expense 15000 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 7300 Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Trash Expense 1800 Water Sewer Expense 1800 Water Source Public

    Listing provided courtesy of Doresa Wang of Treeline Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. 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 deemed reliable but is not guaranteed accurate by the MLS or Latrice Deluna Homes | The Orion Group. Licensed in the State of California, USA.
     
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    Latrice Deluna Homes | The Orion Group
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    Newport Beach CA, 92660