945 S Ferris Avenue, East Los Angeles, CA 90022

About this property

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.

Listing description from the December 2021 sale, as reported to CRMLS.

Sale history

$1,050,000

Sold December 2021 · listed $1,110,000, orig. $1,200,000, on market July 2021 · MLS #WS21160434 · Source: CRMLS

Listing Agent: DORESA WANG · Listing Office: TREELINE REALTY · Contact: 626-656-2889 · Bought with: SEVERO ARREOLA · ARREOLAS REALTY

$678,000

Sold May 2017 · listed $674,999, on market March 2017 · MLS #DW17057207 · Source: CRMLS

Listing Agent: Ruben Leon · Listing Office: Century 21 Allstars · Contact: 562-863-2121 · Bought with: Ruben Leon · Century 21 Allstars

$450,000

Sold December 2016 · listed $473,000, orig. $399,000, on market June 2016 · MLS #OC16122313 · Source: CRMLS

Listing Agent: Ruben Martinez · Listing Office: Fiduciary Real Estate Services · Contact: 949-273-8169 · Bought with: Ruben Leon · Century 21 Allstars

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