An excellent investment or house-hacking opportunity in LA's hottest neighborhood, Highland Park. Located just moments from the prime intersection of York and Figueroa and the Arroyo, this character 1940's triplex consists of three attached, well-proportioned 2-bedroom, 1-bathroom units, totaling 2,454 square feet of interior living space, plus a separate 3-car garage with two laundry closets. The property is situated on an expansive 7,527-square-foot professionally landscaped corner lot, providing an unusual amount of privacy and space for a dense urban submarket. Each individual unit features a comfortable living room, dining area, original hardwood floors, sizeable bedrooms, a dedicated private outdoor space (one unit has a lawn), and its own garage. Gas and electricity are separately metered for each unit. Positioned for strong rental demand, residents enjoy immediate proximity to the neighborhood's trendiest boutique shopping, dining, and entertainment, along with effortless commuting via the nearby Metro A Line (formerly Gold Line) station and the 110 freeway. Perfect for an owner-user looking to utilize residential financing while letting tenant income offset the mortgage, or for a seasoned investor looking to capture strong market rents and build equity in one of Northeast Los Angeles' most competitive zip codes. All tenants are month-to-month (all units are tenant-occupied), with strong upside potential in rents. Check with your contractor about the possibility of adding an ADU or other potential development. Roofs were recently replaced.
How many bedrooms does this multi-family home have?
There are 6 bedrooms in this multi-family home at 6720 Ferrara Street.
Does this multi-family home have parking?
Yes, there are 5 parking spaces available for 6720 Ferrara Street.
How does 6720 Ferrara Street compare to other multi-family homes in Garvanza?
This multi-family home is listed 10% below the average price for multi-family homes in Garvanza and has been on the market for 58 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,454 sqft.
6720 Ferrara Street is a 6-bedroom multi-family home for sale in Los Angeles CA 90042. On Prevu for 19 days at $1,148,000. This home features 2,454 square feet of living space, located in Garvanza. The median listing price for multi-family homes in this area is $1,599,950. The home offers private outdoor space, parking, and washer/dryer. Explore more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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