562 South Fetterly Avenue

Los Angeles, CA 90022

$1,200,000
Price
10
Beds
100
Baths
5,252 Sq. Ft.
$228 / Sq. Ft.
5,252
Sq. Ft.
$228
per Sq. Ft.

Description

Excellent investment opportunity! 10 units in the heart of East LA ready to earn a new owner great cash flow. Each unit is a 1 bedroom, 1 bathroom single story. All 10 units have exterior doors that face a lovely center courtyard area. The spacious 16,004 sq.ft. lot features 2 long driveways and 2 garages at the rear of the property. Units are walking distance to Whittier Blvd for ease of shopping. The East LA Civic Center Station is only blocks away for easy Metro access. Seller only pays water,...Excellent investment opportunity! 10 units in the heart of East LA ready to earn a new owner great cash flow. Each unit is a 1 bedroom, 1 bathroom single story. All 10 units have exterior doors that face a lovely center courtyard area. The spacious 16,004 sq.ft. lot features 2 long driveways and 2 garages at the rear of the property. Units are walking distance to Whittier Blvd for ease of shopping. The East LA Civic Center Station is only blocks away for easy Metro access. Seller only pays water, tenants pay all other utilities. This property is a gem don't miss out!
  1. Listed by Stephanie San Paolo • DRE #01445843 • Brokerage DRE #01220332 • 24 Hour Real Estate • 562-217-8384

Property Details for 562 South Fetterly Avenue

Parking Spaces Total
2
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5252
Assessor Parcel Number
5248-018-013
Property Attached YN
true
LISTING UPDATED: 11/21/2024 04:47 AM

Property Details for 562 South Fetterly Avenue

StatusActive
MLS #DW24237776
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1934
CountyLos Angeles County

Building Information for 562 South Fetterly Avenue

Building/Complex562 S Fetterly AveFloor-Stories1Residences-Pet Policy-Year Built1934Building Size-

Property Information for 562 South Fetterly Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $150,000
  • Gross Scheduled Income: $150,000
  • Net Operating Income: $150,000
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 13
  • Tax Tract Number: 4074
  • Tax Census Tract: 5316.03
  • CFD/Mello-Roos Fee: $4,982
  • Tax Lot: 7
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: See Remarks
  • Heating Type: Floor Furnace
  • Heating: Floor Furnace
  • Heat Equipment: Floor Furnace
Exterior Features
  • Entry Location: First Floor
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Lot 10000-19999 Sqft
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 10
  • Unit Type Baths Total: 10
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1

Property History for 562 South Fetterly Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 562 South Fetterly Avenue

Taxable ValueLand$133,839Additions$171,244Total$305,083
Tax Record2024$9,145 ($762 / month)
Home Facts
Total Finished SqFt5,252 SqFtAbove Grade Finished SqFt5,252 SqFtLot Size16,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1934ZoningLCR2YYCountyLOS ANGELESAPN5248-018-013

Schools near 562 South Fetterly Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 4
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
KIPP Raices Academy
CharterK to 4

Arts In Action Community Middle
Charter6 to 8

James A. Garfield Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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562 South Fetterly Avenue is a multi-family home for sale in Los Angeles, CA 90022. This property was listed for sale on November 21, 2024 by 24 Hour Real Estate, it's currently listed at $1,200,000. This listing's school district is Los Angeles Unified School District. Nearby schools include KIPP Raices Academy, Arts In Action Community Middle and James A. Garfield Senior High School. 562 South Fetterly Avenue is a 10-bed, 100-bath, 5,252 sqft multi-family home built in 1934.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 24 Hour Real Estate, Stephanie San Paolo, DRE #01445843

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.