8708 S Central Avenue, Los Angeles, CA 90002
-
Listed Price :
$1,598,500
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1956
Property Description
Discover a standout investment in the heart of Los Angeles! This eye-catching, two-story building features 10 in-demand residential units, making it a hot property for the savvy investor. Choose from a mix of one spacious 2-bed, 1-bath unit, eight charming 1-bed, 1-bath units, and a cozy studio. Plus, with four single-car garages available for lease, there's extra income potential.
What makes this property irresistible? The vibrant paint job and updated windows make it a prime location for tenants. Most units also feature refreshed interiors and individual water heaters, offering modern comfort. The exterior has seen a major upgrade, with over $200K spent on a seismic retrofit to meet Los Angeles city.
Situated close to public transportation, local amenities, and just minutes from Downtown LA, this property is a fantastic opportunity for rental growth. Even better, a twin building next door shares a courtyard with this property and is also up for sale. With two separate APNs, both properties are a package deal. The address of the neighboring building is 8704 S. Central Avenue, MLS: MB24106529
This prime investment is on the market now, waiting for a smart investor to snap it up. The seller is willing to negotiate a carryback offer. Don’t miss your chance to add this standout property to your portfolio!
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
8708 S Central Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90002 |
| County |
Los Angeles |
| Listing Agent |
ROBERT SORIANO DRE #02026298 |
| Courtesy Of |
EXCELLENCE RE REAL ESTATE |
| List Price |
$1,598,500 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
5,063 |
| Year Built |
1956 |
Listing information courtesy of: ROBERT SORIANO, EXCELLENCE RE REAL ESTATE. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:19 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
