About 8704 S Central Ave
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 4 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 : 8708 S. Central Avenue MLS #PW24030469. w
Features of 8704 S Central Ave
| MLS® # | PW24030451MR |
|---|---|
| Price | $1,675,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 4,894 |
| Acres | 0.11 |
| Year Built | 1955 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 8704 S Central Ave |
|---|---|
| Area | Metropolitan South |
| City | LOS ANGELES |
| County | Los Angeles |
| State | CA |
| Zip Code | 90002 |
Amenities
| Parking Spaces | 4 |
|---|---|
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Natural Gas, Wall |
|---|---|
| Cooling | None |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Roof | Flat Roof |
|---|
Additional Information
| Date Listed | February 26th, 2024 |
|---|---|
| Days on Market | 80 |
| Zoning | LAC2 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ronald Perez (01325218) |
|---|---|
| Office | Jason Mitchell Real Estate California |