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!
Building for sale, 8708 S Central Avenue, Los Angeles County, CA, in Los Angeles, United States
8708 S Central Ave, Los Angeles, CA 90002, USA, 8708 S Central Avenue, Los Angeles County, CA
Commercial building • ref: R9LPRZ
$1,598,500
Surfaces
Land5231 sq ft (486 m²)
Garage
8708 S Central Avenue, Los Angeles County, CA, Los Angeles
TypeBuilding
Construction year1956
Robert Soriano
Phone number
+1562...
CENTURY 21 Masters
+1888 8621194
26305 Jefferson Avenue Suites G & H
92562 Murrieta
NumberMB24248904