6720 Ferrara St, Los Angeles, CA 90042
6720 Ferrara St, Los Angeles, CA 90042
6720 Ferrara St, Los Angeles, CA 90042
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$1,148,000
Est. payment /mo
6 Beds
3 Baths
2,454 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,454 sqft

Price per Sqft $467

MLS Listing ID 26839947

Style Traditional

Bedrooms 6

Year Built 1947

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

Exceptional investment or house-hacking opportunity in LA's hottest neighborhood, Highland Park. Located just moments from the premier 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.

Location

State CA

County Los Angeles

Area Highland Park

Zoning LARD2

Rooms

Other Rooms None

Kitchen Tile Counters

Interior

Heating Floor Furnace, Wall

Cooling Wall/Window

Flooring Hardwood, Laminate, Tile

Fireplaces Type None

Equipment Garbage Disposal, Refrigerator, Range/Oven, Dryer, Washer

Laundry In Closet, Garage

Exterior

Parking Features Driveway, Garage

Garage Spaces 5.0

Pool None

Roof Type Composition

Building

Lot Description Back Yard, Landscaped, Lawn, Lot-Level/Flat

Story 1

Sewer In Connected and Paid

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Coldwell Banker Realty

Nearby Locations

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Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

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