562 S Fetterly Ave - Multi-Family FOR SALE


East Los Angeles, CA 90022
$1,499,000 USD
310-482-0173
562 S Fetterly Ave, East Los Angeles, CA for Sale
$1,499,000 USD
Multi-Family - FOR SALE
1/6
null | 6.7% Cap Rate

562 S Fetterly Ave
East Los Angeles, CA 90022


OVERVIEW

Excellent investment opportunity in the heart of East Los Angeles! This well-located 10-unit property offers strong income potential and exceptional long-term upside. Each single-story unit features 1 bedroom and 1 bathroom with private exterior entrances centered around a charming shared courtyard, creating a welcoming community feel. Situated on a spacious 16,004 sq. ft. lot, the property includes two long driveways and two detached garages located at the rear, providing ample parking and added convenience. Ideally positioned just moments from Whittier Boulevard, residents enjoy easy access to shopping, dining, and everyday conveniences. The nearby East LA Civic Center Station offers convenient Metro access for commuting throughout Los Angeles. The property includes one owner-occupied unit, with one unit to be delivered vacant at close of escrow, presenting added flexibility and upside potential for investors or owner-users alike. A rare opportunity to own a centrally located multi-unit asset in a high-demand rental market. Don't miss this exceptional investment opportunity!

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$285 USD /SF

# OF UNITS

10

PRICE/UNIT

$149,900

CAP RATE

6.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1934

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5248-018-013

ASK ABOUT THIS PROPERTY

Richard SchulmanKW Los AngelesMore Info
310-482-0173

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Richard SchulmanKW Los AngelesMore Info
310-482-0173

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.