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561 S Ferris AVE East Los Angeles, CA 90022
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Key Details
Sold Price $740,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV18280697
Sold Date 03/22/19
HOA Y/N No
Year Built 1954
Lot Size 8,001 Sqft
Property Description
Great investment property. Set it and forget it because everything is new and updated on this property. Featuring 2 units, One 3 bedroom 2 baths and the back unit is 2 bedrooms 1 baths. Both have been updated throughout with numerous upgrades.
The front unit has a great porch, large living room with some nice built in, a 2 car garage and laundry room. The rear house has a large living room and laundry room as well.
The property has had the foundations retrofitted recently to add strength to the structure. Both units have had the kitchens updated, new windows throughout, new heaters, new flooring throughout as well as a panel upgrade on the electrical.
This property is near it all. Near Downtown LA, Near Citadel Outlets, Near Dodger Stadium, Near Cal State LA. This one is near it all. Easy freeway access.
You will not find a cleaner duplex at this price. Both units are vacant and ready for new tenants.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR2YY
Interior
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Spaces 2.0
Carport Spaces 4
Garage Description 2.0
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Front Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5248018021
Acceptable Financing Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, VA Loan
Listing Terms Cash to New Loan, Conventional, Contract, 1031 Exchange, FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with DAVID SCHEFRES • Excellence RE Real Estate