8704 S Central Avenue
Los Angeles, CA 90002
- – beds
- – baths
- – sqft
- 4,964 sqft lot
- 1955 build
- – on site
Introducing a stunning two-story building with 10 highly sought-after residential units in a prime Los Angeles location. This gem offers a vibrant mix of residences: one spacious 2-bed, 1-bath unit, eight charming 1-bed, 1-bath units, and one cozy studio. Additionally, there are four single-car garages available for lease, providing extra income potential. The building stands out with its vibrant paint job and updated windows, making it a desirable place to live. Many of the units boast refreshed interiors and individual water heaters, ensuring modern comfort for tenants. The exterior has recently undergone a significant upgrade, with the seller investing over $200K in a seismic retrofit to comply with the city of Los Angeles. This property presents a fantastic opportunity for the savvy investor, offering considerable upside on rents. It is conveniently located near public transportation, local amenities, and just minutes from Downtown Los Angeles. Adding to the appeal, a twin building next door shares a courtyard with this property and is also available for sale. With two separate APNs, both properties are to be sold together. The address of the neighboring building is 8708 S. Central Avenue MLS: MB24107071. The seller is willing to negotiate a carryback offer. On the market and waiting for the smart investor looking to add two standout properties to their portfolio, don’t miss out on this incredible investment opportunity!
Last checked:
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Last updated Nov 7, 2024
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MLS# MB24106529 —
The Building
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Year Built:1955
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:4894.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:10
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Stories Total:2
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# of Separate Gas Meters:10
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# of Separate Water Meters:1
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# of Separate Electric Meters:10
Interior
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Levels:Two
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Entry Location:1
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Laundry:None
Location
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Directions:East on Manchaster, Right on S Central Ave Building on Left hand side
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Latitude:33.95900400
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Longitude:-118.25607700
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAC2
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Lot Features:0-1 Unit/Acre
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Lot Size Area:4964.0000
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Lot Size Acres:0.1140
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Lot Size SqFt:4964.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2400.10
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Tax Tract:7421
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Tax Lot:101
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6043002015
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Showings Begin:2024-05-31
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Biking, Sidewalks, Storm Drains, Street Lights
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Pool:None
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Private Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/13/24
Aug 13, 2024
|
Price Changed | CRMLS_CA | $1,598,500 | -0.0% |
|
5/31/24
May 31, 2024
|
Listed / Active | CRMLS_CA | $1,599,000 | |
|
2/27/24
Feb 27, 2024
|
Listed / Active | CRMLS_CA |
