Description
$200,000 + Price Improvement!!! 5.59% Cap Deal!!! Realty Executives Commercial is pleased to present 732 South Ferris Avenue, an 8 unit apartment building consisting of (7) 1 Bed + 1 Bath units and (1) 3 bed + 1 bath. This property is situated in an excellent East Los Angeles neighborhood with very desirable single-story units on a large 10,626 square foot lot zoned LCR3. A new investor would appreciate the current income yielding a 5.59% cap rate and $212,375 cost per unit. Total rentable square feet of the building is approximately 3788 square feet. Property has a big yard and each tenant enjoys one parking space. Tenants also enjoy the convenience of being located near many shops and restaurants off of Whittier Boulevard's retail corridor, they are also within a short drive to the 5, 60, and 710 freeways. Property is located in the Unincorporated County of Los Angeles, the 'rent freeze' has been lifted and new owner can increase rents to applicable units. **DO NOT WALK ON THE PROPERTY - PLEASE DO NOT DISTURB TENANTS** $200,000 + Price Improvement!!! 5.59% Cap Deal!!! Realty Executives Commercial is pleased to present 732 South Ferris Avenue, an 8 unit apartment building consisting of (7) 1 Bed + 1 Bath units and (1) 3 bed + 1 bath. This property is situated in an excellent East Los Angeles neighborhood with very desirable single-story units on a large 10,626 square foot lot zoned LCR3. A new investor would appreciate the current income yielding a 5.59% cap rate and $212,375 cost per unit. Total rentable square feet of the building is approximately 3788 square feet. Property has a big yard and each tenant enjoys one parking space. Tenants also enjoy the convenience of being located near many shops and restaurants off of Whittier Boulevard's retail corridor, they are also within a short drive to the 5, 60, and 710 freeways. Property is located in the Unincorporated County of Los Angeles, the 'rent freeze' has been lifted and new owner can increase rents to applicable units. **DO NOT WALK ON THE PROPERTY - PLEASE DO NOT DISTURB TENANTS**
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4BEDS
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0.24ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
$200,000 + Price Improvement!!! 5.59% Cap Deal!!! Realty Executives Commercial is pleased to present 732 South Ferris Avenue, an 8 unit apartment building consisting of (7) 1 Bed + 1 Bath units and (1) 3 bed + 1 bath. This property is situated in an excellent East Los Angeles neighborhood with very desirable single-story units on a large 10,626 square foot lot zoned LCR3. A new investor would appreciate the current income yielding a 5.59% cap rate and $212,375 cost per unit. Total rentable square feet of the building is approximately 3788 square feet. Property has a big yard and each tenant enjoys one parking space. Tenants also enjoy the convenience of being located near many shops and restaurants off of Whittier Boulevard's retail corridor, they are also within a short drive to the 5, 60, and 710 freeways. Property is located in the Unincorporated County of Los Angeles, the 'rent freeze' has been lifted and new owner can increase rents to applicable units. **DO NOT WALK ON THE PROPERTY - PLEASE DO NOT DISTURB TENANTS** $200,000 + Price Improvement!!! 5.59% Cap Deal!!! Realty Executives Commercial is pleased to present 732 South Ferris Avenue, an 8 unit apartment building consisting of (7) 1 Bed + 1 Bath units and (1) 3 bed + 1 bath. This property is situated in an excellent East Los Angeles neighborhood with very desirable single-story units on a large 10,626 square foot lot zoned LCR3. A new investor would appreciate the current income yielding a 5.59% cap rate and $212,375 cost per unit. Total rentable square feet of the building is approximately 3788 square feet. Property has a big yard and each tenant enjoys one parking space. Tenants also enjoy the convenience of being located near many shops and restaurants off of Whittier Boulevard's retail corridor, they are also within a short drive to the 5, 60, and 710 freeways. Property is located in the Unincorporated County of Los Angeles, the 'rent freeze' has been lifted and new owner can increase rents to applicable units. **DO NOT WALK ON THE PROPERTY - PLEASE DO NOT DISTURB TENANTS**
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