Two-Unit
946 S Ferris, East Los Angeles, CA 90022
For Sale
$720,000
Public transportation and retail along Whittier Boulevard are within walking distance.
Property Size1,610 SF
Price / SF$447.20
Days on Market285
Property Features for 946 S Ferris
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty of Southern Ca, Inc
(714) 612-0995
Listed By:
Glenn Gaspar · License CA #01048604
(562) 427-7765
Source:
Middlemanteam
Added: Jan 29
Changed: Nov 8
Last Checked: Nov 8 at 7:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Southern Ca, Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1929, this duplex contains two residences. The front home offers three bedrooms, one bathroom and approximately 1,048 square feet, along with a basement suitable for storage. The rear residence has one bedroom, one bathroom and approximately 562 square feet. Both units are leased on month-to-month agreements.
Public transportation and shops along Whittier Boulevard are reachable on foot.
Public transportation and shops along Whittier Boulevard are reachable on foot.
Key Highlights
- Two residences: a three‑bedroom, one‑bathroom front home and a one‑bedroom, one‑bathroom rear unit
- Front residence has approximately 1,048 square feet and a basement for storage
- Rear residence contains approximately 562 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,921
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,420
$738.4K
Cap Rate 7%
$527,443
$527.4K
Cap Rate 9%
$410,233
$410.2K
Market Conditions
NOI Build-Up for 1,610 SF
Gross rent
$54.1K $33.60/SF
− Vacancy
−$1.4K −$0.84/SF
EGI
$52.7K $32.76/SF
− OpEx
−$15.8K −$9.83/SF
NOI
$36.9K $22.93/SF
Area
ZIP 90022
Vacancy
2.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,420
Cap Rate 7%
$527,443
Cap Rate 9%
$410,233
Alternative Uses
Best Use
Multifamily LT 5
$527.4K
$461.5K – $615.4K
NOI $36,921 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$480.9K
$420.8K – $561.0K
NOI $33,660 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$656.0K
$574.0K – $765.3K
NOI $45,918 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Los Angeles County, CA
Properties on Market for Duplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Public transportation and retail along Whittier Boulevard are within walking distance.
Where is this duplex located?
The property is located at 946 S Ferris East Los Angeles, CA.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Two residences: a three‑bedroom, one‑bathroom front home and a one‑bedroom, one‑bathroom rear unit; Front residence has approximately 1,048 square feet and a basement for storage; Rear residence contains approximately 562 square feet
