8708 Central Avenue, Los Angeles

$1,675,000

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3 Beds
3 Baths
.12 Acre
0 Garage

2 story building consisting of 10 residential units in high demand area in the city of Los Angeles. The property is a mix of 1 - 2 bed 1 bath, 8- 1 bed 1 bath and 1 studio units. There are 5 single car garages that are individually lease for extra income. Most units have updated windows, updated interiors and individual water heaters. The exterior has recently been updated and seller spent over $200K to complete a seismic retrofit to meet city of Los Angeles retrofit code. This is a great opportunity for the savvy investor due to upside on rents. Located close to public transportation, local amenities and minutes from Downtown Los Angeles. Next door twin building which shares a courtyard with the subject property is also for sale. 2 separate APN's and both properties must be sold together. Next door building address is : 8704 S. Central Avenue. MLS #PW24030451.

Essential Information

MLS® #
PW24030469
Price
$1,675,000
Bedrooms
3
Bathrooms
3.00
Acres
0.12
Year Built
1956
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
8708 Central Avenue
Area
C34 - Los Angeles Southwest
City
Los Angeles
County
Los Angeles
Zip Code
90002
Community Features
Urban, Gated
Senior Community
N

Amenities

Parking Spaces
5
Parking
Attached Carport
Garages
Attached Carport
View
None
Pool
None

Utilities

Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Interior

Interior
Carpet, Tile, Vinyl
Heating
Natural Gas, Wall Furnace
Cooling
None
Fireplaces
None
# of Stories
2
Stories
Two

Exterior

Exterior
Stucco
Lot Description
0-1 Unit/Acre
Roof
Flat
Construction
Stucco
Foundation
Slab, See Remarks

Additional Information

Date Listed
February 26th, 2024
Days on Market
62
Zoning
LAC2

Listing Details

Agent
Ronald Perez

Office

Jason Mitchell Real Estate California

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Ronald Perez - Jason Mitchell Real Estate California

Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 12:20am PDT. 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. 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, 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.