8708 S Central Avenue, Los Angeles, CA 90002

  • $1,599,000
  • $327
8708 S Central Avenue, Los Angeles, CA 90002
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1956
  • Year Built
For Sale
8708 S Central Avenue, Los Angeles, CA 90002
  • $1,599,000
  • $327

Overview

Property ID: SGR-33172868
  • Residential Income
  • Property Type
  • 4.00
  • Garages
  • 1956
  • Year Built

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!

  • Address 8708 S Central Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90002
  • Area C37 - Metropolitan South
  • Country United States

Details

Updated on July 7, 2024 at 9:45 am
  • Property ID: SGR-33172868
  • Price: $1,599,000
  • Land Area: 5063.00 m²
  • Garages: 4.00
  • Year Built: 1956
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 4894.00
  • MLS#: MB24107071
  • Office Name: EXCELLENCE RE REAL ESTATE
  • Agent Name: ROBERT SORIANO
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 02026298
  • IDX Contact Info: 562-237-3447

Additional details

  • View: None
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas,Wall Furnace
  • County: Los Angeles
  • Property SubType: Apartment
  • Parking: 4.00
  • Water Source: Public

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