8708 S Central Avenue, Los Angeles, CA
Others for Sale - $1,598,500
Agent Info
Robert Soriano CENTURY 21 Masters |
Property Info
CIMLS# | 1172314 |
Location 8708 S Central Avenue Los Angeles CA 90002 | |
Updated | February 26th, 2025 |
Type | Others |
Price | $1,598,500 |
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!