Listing provided courtesy of ROBERT SORIANO of EXCELLENCE RE REAL ESTATE. Last updated 2024-11-24 09:14:51.000000. Listing information © 2024 CRMLS.

Asking Price: $1,598,500

8708 Central, Los Angeles CA 90002

Community: ​C37 - Metropolitan South

Status: Active


This Apartment property was built in 1956 and is priced at $1,598,500. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 372828638
  • Type: Apartment
  • Year Built: 1956
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, MLS: MB24106529), 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!

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600