10611 South Central Avenue
10611 South Central Avenue
$3,100,000
24
12
7,040
7,040
$440
Description
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 10611 S Central is a massive 12 unit apartment in South Los Angeles consisting of all (12) 2-Bed/1-Bath units. With 92% of the building turned and renovated, this 7.07% Cap Rate and 9.83 GRM is one of the best cash flow deals in Los Angeles County. At only $258k/Door and $440/SF, this asset provides strong cash flow and immense upside. With tons of local establishments, 10611 S Central offers residents opportunities for...Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 10611 S Central is a massive 12 unit apartment in South Los Angeles consisting of all (12) 2-Bed/1-Bath units. With 92% of the building turned and renovated, this 7.07% Cap Rate and 9.83 GRM is one of the best cash flow deals in Los Angeles County. At only $258k/Door and $440/SF, this asset provides strong cash flow and immense upside. With tons of local establishments, 10611 S Central offers residents opportunities for recreation, dining and cultural enrichment.
- Listed by Peter James • DRE #01748556 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
- Listed by William James • DRE #01734419 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 10611 South Central Avenue
Zoning
LARD2
Parcel Number6051013035
Total Units12.0
Living Area7040
Source Living AreaVendor Enhanced
AreaMetropolitan South (C37)
Vacancy Rate2
Lot Size Area9266
Location
LISTING UPDATED: 05/23/2024 12:01 AM
Property Details for 10611 South Central Avenue
Status | Active |
---|---|
MLS # | 24-392061 |
Days on Market | 33 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1957 |
Lot Size | 0.21 AC / 9,266 SF |
County | Los Angeles County |
Location
Building Information for 10611 South Central Avenue
Stories2Residences-Year Built1957Building Size-Lot Size0.21 AC / 9,266 SF
Payment Calculator
$19,507 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 10611 South Central Avenue
Property History for 10611 South Central Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10611 South Central Avenue
Taxable ValueLand$1,632,000Additions$714,000Total$2,346,000
Tax Record2023$31,068 ($2,589 / month)
Home Facts
Total Finished SqFt7,040 SqFtAbove Grade Finished SqFt7,040 SqFtLot Size9,264 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLARD2CountyLOS ANGELESAPN6051-013-035
Schools near 10611 South Central Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 5 to 8 | |||
Charter - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
One Hundred Ninth Street Elementary School PublicK to 5 | ||
Resolute Academy Charter Charter5 to 8 | ||
Alain Leroy Locke College Prep Academy Charter9 to 12 | ||
Animo Charter Middle No. 2 Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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