$1,598,500
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8708 Central Avenue Los Angeles, CA 90002
Apartment
Residence
Beds
Baths
...
Bed/Bath
4,894
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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. Plu...s, 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!
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MLS#
MB24107071
Property Type
Apartment
Year Built
1956
Square Feet
4,894
sq. ft
Lot Size
0.12
Sewer
Public Sewer
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