Contact Xavier Gomez
Schedule A Showing
8708 Central Avenue, Los Angeles, CA 90002
Priced at Only: $1,598,500
For more Information Call
Mobile: 714.478.6676
Address: 8708 Central Avenue, Los Angeles, CA 90002
Property Photos
Property Location and Similar Properties
- MLS#: MB24248904 ( Apartment )
- Street Address: 8708 Central Avenue
- Viewed: 1
- Price: $1,598,500
- Price sqft: $0
- Waterfront: No
- Year Built: 1956
- Bldg sqft: 0
- Days On Market: 23
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90002
- Provided by: CENTURY 21 MASTERS
- Contact: ROBERT ROBERT
- DMCA Notice
-
DescriptionIntroducing 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!
Features
Assessments
- Unknown
Building Area Total
- 4894.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Cooling
- None
Country
- US
Days On Market
- 177
Direction Faces
- West
Electric
- Standard
Electric Expense
- 0.00
Fireplace Features
- None
Fuel Expense
- 0.00
Garage Spaces
- 4.00
Heating
- Natural Gas
- Wall Furnace
Insurance Expense
- 4036.00
Laundry Features
- None
Lockboxtype
- None
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 84060.00
Number Of Separate Electric Meters
- 10
Number Of Separate Gas Meters
- 10
Otherincome1
- 4800.00
Otherincomedescription
- secure car spaces
Parcel Number
- 6043002016
Pool Features
- None
Postalcodeplus4
- 1117
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Security Features
- Gated Community
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 428641781:CRM
Spa Features
- None
Tenant Pays
- All Utilities
Totalactualrent
- 110220.00
Totalexpenses
- 26160.00
Trash Expense
- 6960.00
View
- None
Water Sewer Expense
- 12600.00
Water Source
- Public
Year Built
- 1956
Year Built Source
- Appraiser
Zoning
- LAC2
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com