8708 S Central Avenue, Los Angeles, CA 90002 - Berkshire Hathaway HomeServices California Properties

8708 S Central Avenue, Los Angeles, CA 90002

$1,598,500 Approx. USD 0 beds, 0 baths

Listing Agent


ROBERT SORIANO | ROBSELLSLA@GMAIL.COM
Lic#: 02026298
Broker: Courtesy of CENTURY 21 MASTERS

Agent Remarks

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!

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# MB24248904
Price: $1,598,500
Beds: 0
Baths: 0
None fireplaces
Built in 1956
0.12 acres
Lot size: 0.1162
County: Los Angeles
Zoning: LAC2
Lot description: ZeroToOneUnitAcre
Heating/cooling: None
Heating description: Natural Gas,Wall Furnace
MLS area: C37 - Metropolitan South

Last Updated: 12/14/2024

 Days On Market (DOM): 93

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.958867, -118.256078.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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