8708 S Central Avenue, Los Angeles, CA 90002 (MLS # MB24248904)

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PRICE $1,598,500 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 4,894 sqft
LOT SIZE 5,062 sqft

Introducing a prime investment opportunity in Los Angeles: a two-story building with 10 desirable units. This property includes a spacious 2-bed, 1-bath unit, eight 1-bed, 1-bath units, and a cozy studio. Four single-car garages offer additional income potential.The building features vibrant paint, updated windows, and many refreshed interiors with individual water heaters. Recently, the seller invested over $200K in a seismic retrofit to meet Los Angeles standards.This property, along with a twin building next door (8704 S. Central Ave), is ideal for investors looking for rental upside. Both buildings, on separate APNs, are sold together. The seller is open to a carryback offer. Minutes from Downtown LA and close to transit and amenities, this opportunity is perfect for the savvy investor!

DAYS ON MARKET 11 LAST UPDATED 12/13/2024
YEAR BUILT 1956 COMMUNITY Metropolitan South
GARAGE SPACES 4.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA Metropolitan South
GARAGE Yes
HEAT Natural Gas, Wall Furnace
LOT 5063 sq ft
LOT DESCRIPTION 0-1 Unit/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
UTILITIES Electric: Standard
VIEW DESCRIPTION None
WATER Public
ZONING LAC2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with CENTURY 21 MASTERS

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