Listing Courtesy of: CRMLS / Century 21 Masters / Robert "Robert Soriano" Soriano - Contact: 562-237-3447
8704 S Central Avenue Los Angeles, CA 90002
Active (264 Days)
$1,598,500
4,894
SQFT
Description
MLS #:
MB24248886
MB24248886
Lot Size
4,964 SQFT
4,964 SQFT
Type
Multifamily
Multifamily
Year Built
1955
1955
County
Los Angeles County
Los Angeles County
Listed By
Robert "Robert Soriano" Soriano, DRE #02026298 CA, Century 21 Masters, Contact: 562-237-3447
Source
CRMLS
Last checked Mar 14 2025 at 8:11 AM GMT+0000
CRMLS
Last checked Mar 14 2025 at 8:11 AM GMT+0000
Bathroom Details
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Stories
- 2
Additional Information: Masters | 562-237-3447
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Masters and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
The building stands out with its vibrant paint job and updated windows, making it a desirable place to live. Many of the units boast refreshed interiors and individual water heaters, ensuring modern comfort for tenants. The exterior has recently undergone a significant upgrade, with the seller investing over $200K in a seismic retrofit to comply with the city of Los Angeles.
This property presents a fantastic opportunity for the savvy investor, offering considerable upside on rents. It is conveniently located near public transportation, local amenities, and just minutes from Downtown Los Angeles. Adding to the appeal, a twin building next door shares a courtyard with this property and is also available for sale. With two separate APNs, both properties are to be sold together. The address of the neighboring building is 8708 S. Central Avenue.
The seller is willing to negotiate a partial carryback offer. On the market and waiting for the smart investor looking to add two standout properties to their portfolio, don’t miss out on this incredible investment opportunity!