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1109 S Ferris Ave, Los Angeles, CA 90022
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1109 S Ferris Ave Los Angeles, CA 90022

$499,000
  • 3 Beds
  • 0 Baths
  • 1,258 Sq.Ft.
For Sale
$499,000 Get Pre-Qualified

Property Overview: 1109 S Ferris Ave Los Angeles, CA has 3 bedrooms, -- bathrooms, 1,258 living square feet and 6,380 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Duplex in very desirable area of Los Angeles. This could be a great property with some repair, home has been owned by the same family for decades. Price is the lowest for any property like this in the area, what a great opportunity, do not miss out!!

Listed by Alfonso Vasquez | BRE #01259293 | SO CAL REALTY & LOANS
Last checked: 13 minutes ago | Last updated: July 21st, 2024 | Source CRMLS | DOM: 54
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Home details

Lot Sq. Ft
6,380
HOA Dues
$0/mo
Year built
1927
Garage
1 Car
Property Type:
Duplex
Status
Active
MLS#
CV24149339
City
Los Angeles
County
Los Angeles
Time on Site
60 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $961
  • Total Rent: $961
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $944
  • Total Rent: $944
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,100
  • Net Operating Income: $1,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $300
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $1,200
  • Water/Sewer: $1,200

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Property Details for 1109 S Ferris Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5246026021
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Arizona & Olympic
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1109 S Ferris Ave

View property's historical transactions

  • July, 2024

  • Jul 20, 2024

    Date

    Active

    CRMLS: CV24149339

    $499,000

    Price

Tax History for 1109 S Ferris Ave

Assessed Value (2020): $184,667
Year Land Value Improved Value Assessed Value
2020 $109,671 $74,996 $184,667

Home Value Compared to the Market

This property vs the competition

1109 S Ferris Ave is listed 58.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $396.66 per/sqft which puts the price per square foot 48.35% lower than the median price per square foot for the city of Los Angeles.

About 1109 S Ferris Ave

Detailed summary of property

1109 S Ferris Ave is a duplex located in Los Angeles, CA 90022 and is currently for sale. This duplex offers 3 bedrooms, -- bathrooms, roughly 1,258 living square feet, and sits on an approximately 6,380 square foot lot. 1109 S Ferris Ave was first listed on ArdentRealEstateGroup.com on July 20, 2024. The homeowner is currently asking $499,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 58.42% lower than the median priced home. Local competing homes currently for sale include 1703 E 61st St, 1643 E 87th Pl and 110 W 48th St. While the average home in Los Angeles, CA is selling in 106 days, 1109 S Ferris Ave has a days on market of 54 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1109 S Ferris Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1109 S Ferris Ave

Public county record property details
Beds
3
Baths
2
Year built
1927
Sq. Ft.
1,258
Lot Size
6,381
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5246-026-021

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,888
Median List Price/Sq.Ft.
$636
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$494
Total Inventory
21
Median Sale to List Price %
101.6%
Avg Days on Market
32
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (50%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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