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$1,598,500
29 Days On Site

8708 S Central Avenue
Los Angeles, CA 90002

For Sale|Apartment|Active
0
Beds
0
Full Baths
0
Partial Baths
4,894
SqFt
$327
/SqFt
1956
Built
County:
Los Angeles
Listed by ROBERT SORIANO of CENTURY 21 MASTERS ROBSELLSLA@GMAIL.COM

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8708 S Central Avenue8708 S Central Avenue8708 S Central Avenue8708 S Central Avenue
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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!

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Listing Snapshot
Price 
$1,598,500
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,894 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1162 Acres
Year Built 
1956
MLS® Number 
MB24248904
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoStatus changed to Active
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1162
Direction Faces 
West
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Apartment
Security 
Gated Community
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4894
Water Source 
Public
Zoning 
LAC2
Interior Features
Fireplace Features 
None
Heating 
Natural GasWall Furnace
Laundry Features 
None
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Exterior Features
Pool Features 
None
Spa Features 
None
View 
None
Waterview 
None
Community Features
Building Access 
1
Community Features 
GatedSidewalks
Financing Terms Available 
CashContract1031 ExchangeSubmit
MLS Area 
C37 - Metropolitan South


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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