CA > Los Angeles
Los Angeles, CA 90002,8708 S Central AVE
Los Angeles, CA 90002,8708 S Central AVE
Los Angeles, CA 90002,8708 S Central AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,450,000
Est. payment /mo
5,061 Sqft Lot
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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID MB24248904

HOA Y/N No

Year Built 1956

Lot Size 5,061 Sqft

Property Sub-Type Apartment

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!

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAC2

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Sidewalks, Gated

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Faces West

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6043002016

Security Features Gated Community

Acceptable Financing Cash, Contract, 1031 Exchange, Submit

Listing Terms Cash, Contract, 1031 Exchange, Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by ROBERT SORIANO • CENTURY 21 MASTERS • 562-237-3447

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