8704 South Central Avenue
8704 South Central Avenue
$1,675,000
3
10
4,894
4,894
$342
Description
2 story building consisting of 10 residential units in high demand area in the city of Los Angeles. The property is a mix of 1 - 2 bed 1 bath, 8- 1 bed 1 bath and 1 studio units. There are 4 single car garages that are individually lease for extra income. Most units have updated windows, updated interiors and individual water heaters. The exterior has recently been updated and seller spent over $200K to complete a seismic retrofit to meet city of Los Angeles retrofit code. This is a great opportunity...2 story building consisting of 10 residential units in high demand area in the city of Los Angeles. The property is a mix of 1 - 2 bed 1 bath, 8- 1 bed 1 bath and 1 studio units. There are 4 single car garages that are individually lease for extra income. Most units have updated windows, updated interiors and individual water heaters. The exterior has recently been updated and seller spent over $200K to complete a seismic retrofit to meet city of Los Angeles retrofit code. This is a great opportunity for the savvy investor due to upside on rents. Located close to public transportation, local amenities and minutes from Downtown Los Angeles. Next door twin building which shares a courtyard with the subject property is also for sale. 2 separate APN's and both properties must be sold together. Next door building address is : 8708 S. Central Avenue MLS #PW24030469. w
- Listed by Ronald Perez • DRE #01325218 • Brokerage DRE #01527423 • Jason Mitchell Real Estate California
Property Details for 8704 South Central Avenue
View
None
Parking Spaces Total4
Private PoolNo
Cooling TypeN/K
Total Units10.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4894
Location
LISTING UPDATED: 03/19/2024 08:17 AM
Property Details for 8704 South Central Avenue
Status | Active |
---|---|
MLS # | PW24030451 |
Days on Market | 65 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
County | Los Angeles County |
Location
Building Information for 8704 South Central Avenue
Building/Complex8704 S Central AveFloor-Stories2Residences-Pet Policy-Year Built1955Building Size-
Payment Calculator
$10,420 per month
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Property Information for 8704 South Central Avenue
Property History for 8704 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 8704 South Central Avenue
Taxable ValueLand$527,322Additions$553,798Total$1,081,120
Tax Record2023$15,350 ($1,279 / month)
Home Facts
Total Finished SqFt4,894 SqFtAbove Grade Finished SqFt4,894 SqFtLot Size4,962 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningLAC2CountyLOS ANGELESAPN6043-002-015
Schools near 8704 South Central Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 4 |
Rating | School | Distance |
---|---|---|
Russell Elementary School PublicK to 6 | ||
Charles Drew Middle School Public7 to 8 | ||
KIPP Ignite Academy CharterK to 4 |
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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