6720 Ferrara ST, Los Angeles, CA 90042
6720 Ferrara ST, Los Angeles, CA 90042
6720 Ferrara ST, Los Angeles, CA 90042
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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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,098,000
Est. payment | /mo

6 Beds

3 Baths

2,454 SqFt

Save
$ 1,098,000
Est. payment | /mo
Save

6 Beds

3 Baths

2,454 SqFt

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

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.