8708 S Central Avenue,

Home For Sale

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. Dont miss your chance to add this standout property to your portfolio!

Property Details

8708 S Central AvenueLot Size: 0.12Bedrooms: 3Price: $1,599,000Zip: 90002
MLS® #: MB24107071School District: Days on Market: 32Listed By: Robert Soriano, EXCELLENCE RE REAL ESTATE

Sales Agent

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Additional Information

  • County:
    Los Angeles
  • Zip:
    90002
  • MLS® #:
    MB24107071
  • Bedrooms:
    3
  • Lot Size:
    0.12
  • Neighborhood:
    LOS ANGELES (90002)
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Listing information last updated on August 3rd, 2024 at 9:31pm PDT.