For Sale
8708 S Central Avenue, Los Angeles, CA 90002
  • $1,675,000
  • $342

Overview

Property ID: HZ4182280
  • Commercial Sale
  • Property Type
  • 1956
  • Year Built

Description

This is a great opportunity to invest in a residential income property that provides a steady and reliable return on investment. The property consists of a mix of 10 units in a two story building. The exterior of the property has recently been updated, allowing for easy maintenance, reduced utility costs and has good potential for appreciation because it is in a high demand rental area. Seller paid over $200k to have Seismic Retrofit work done on the property to meet Los Angeles City code, 3 years ago. The property is situated in a desirable neighborhood, close to public transportation, local amenities and minutes from Downtown LA via the 110 Freeway.
Next door building, 8704 S. Central Ave., LA CA 90002 is also for sale.

  • Address 8708 S Central Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90002
  • Area C37 - Metropolitan South
  • Country United States

Details

Updated on November 8, 2023 at 4:24 am
  • Property ID: HZ4182280
  • Price: $1,675,000
  • Land Area: 5063.00 Sqft
  • Year Built: 1956
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 4894.00
  • Living Area Prefix: Sqft
  • MLS#: PW23017624
  • Office Name: REALTY CONNECTION GROUP
  • Agent Name: Freddy Orellana
  • MLS Status: Active
  • Agent State License: 01496196
  • IDX Contact Info: 562-413-8030

Additional details

  • Roof: Shingle
  • Cooling: None
  • Heating: Wall Furnace
  • County: Los Angeles
  • Property SubType: Multi Family
  • Parking: 4.00
  • Water Source: Public

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