6720 Ferrara ST, Los Angeles, CA 90042
6720 Ferrara ST, Los Angeles, CA 90042
6720 Ferrara ST, Los Angeles, CA 90042
20
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$1,098,000
Est. payment /mo
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6 Beds
3 Baths
2,454 SqFt
Price Dropped by $50K

6720 Ferrara ST Los Angeles, CA 90042

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Darren Wade

Darren Wade

+1(559) 312-7467

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,454 sqft

Price per Sqft $447

MLS Listing ID 26839947

Bedrooms 6

HOA Y/N No

Year Built 1947

Lot Size 7,501 Sqft

Property Description

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. Monthly rents total 6,532.00.

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LARD2

Interior

Heating Floor Furnace, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Disposal, Oven, Refrigerator, Dryer, Washer

Laundry Laundry Closet, In Garage

Exterior

Parking Features Driveway, Garage

Pool None

Roof Type Composition

Porch Open, Patio

Total Parking Spaces 5

Private Pool No

Building

Lot Description Back Yard, Lawn, Landscaped

Story 1

Entry Level One

Sewer Sewer Tap Paid

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5493032001

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ross Carter Coldwell Banker Realty #01190160

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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6720 Ferrara ST