CA > Los Angeles
Los Angeles, CA 90002,8708 S Central Avenue
Los Angeles, CA 90002,8708 S Central Avenue
Los Angeles, CA 90002,8708 S Central Avenue
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$1,450,000
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5 Beds
4 Baths
5,063 Sqft Lot
Price Dropped by $148K

8708 S Central Avenue Los Angeles, CA 90002

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB24248904

Bedrooms 5

HOA Y/N No

Lot Size 5,063 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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!
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!

Location

State CA

County Los Angeles

Area Los Angeles (90002)

Zoning Appraiser

Interior

Heating Natural Gas

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $193

Acceptable Financing Cash, Exchange, Land Contract

Space Rent $846

Listing Terms Cash, Exchange, Land Contract

San Diego Regional MLS (SDMLS)
Listed by ROBERT SORIANO • CENTURY 21 MASTERS

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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8708 S Central Avenue

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