8708 S Central Avenue
Los Angeles, CA 90002
- – beds
- – baths
- – sqft
- 5,063 sqft lot
- 1956 build
- – on site
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!
Listed By CRMLS_CA / ROBERT SORIANO / CENTURY 21 MASTERS / 562-237-3447
Last checked:
Checking…
•
Last updated Dec 17, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# MB24248904 —
The Building
-
Year Built:1956
-
Year Built Source:Appraiser
-
New Construction:No
-
Building Area Total:4894.00
-
Building Area Units:Square Feet
-
Total Number Of Units:9
-
# of Buildings:1
-
Stories Total:2
-
Entry Level:1
-
Common Walls:2+ Common Walls
-
Faces:West
-
# of Separate Gas Meters:10
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:10
Interior
-
Entry Location:1
-
Fireplace:No
-
Fireplace:None
-
Laundry:None
Location
-
Directions:East on Manchaster, Right on S Central Ave Building on Left hand side
-
Latitude:33.95886700
-
Longitude:-118.25607800
The Property
-
Property Type:Residential Income
-
Subtype:Apartment
-
Zoning:LAC2
-
Lot Features:0-1 Unit/Acre
-
Lot Size Area:5063.0000
-
Lot Size Acres:0.1162
-
Lot Size SqFt:5063.00
-
Lot Size Source:Assessor
-
View:None
-
Security Features:Gated Community
-
Property Attached:1
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:2400.10
-
Tax Tract:7421
-
Tax Lot:103
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:6043002016
Heating & Cooling
-
Heating:1
-
Heating:Natural Gas, Wall Furnace
-
Cooling:No
-
Cooling:None
Utilities
-
Sewer:Public Sewer
-
Electric:Standard
-
Water Source:Public
The Community
-
Features:Biking, Sidewalks
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:Yes
-
Assessments:Unknown
Parking
-
Parking Spaces:4.00
-
Garage Spaces:4.00
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/12/24
Dec 12, 2024
|
Listed / Active | CRMLS_CA | $1,598,500 | |
8/13/24
Aug 13, 2024
|
Price Changed | CRMLS_CA | ||
5/31/24
May 31, 2024
|
Listed / Active | CRMLS_CA |