8708 S Central Avenue

Los Angeles, CA 90002
$1,598,500
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 manyRead MoreRead Less
Property listed by CENTURY 21 MASTERS, ROBERT SORIANO 562-237-3447
Listing Snapshot
Days Online
129
Last Updated
Property Type
Apartment
Lot Size
0.12 Acres
Year Built
1956
MLS Number
MB24248904
30 Days Snapshot Of 90002
$574k
-11%
(avg) sold price
12
+100%
homes sold
114
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1956, Building area total: 4,894, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Biking, Sidewalks, Gated
Cooling
None
Expenses
Insurance expense: $4,036, Operating expense: $26,000, Trash expense: $6,960, Water sewer expense: $12,600
Fireplaces
None
Garage
4 spaces
Heating
NaturalGas, WallFurnace
Income
Gross income: $110,220, Net operating income: $84,060
Laundry
None
Lot
0.1162 acres, 5,063 square feet, Size: 5,063, ZeroToOneUnitAcre
Parking
4 totals parking
Pool
None
Property
Zoning: LAC2, None
Security Features
GatedCommunity
Sewer
PublicSewer
Spa
None
Tenant Pays
AllUtilities
Utilities
Standard
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Monthly Payment
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Holden Groff
Associate Agent
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.