8708 S Central Avenue, Los Angeles, CA, 90002

Highlights:

• Water: Municipal Water
• Heating Fuel Type: Gas
• Cooling: No A/C
• Community Type: Gated
• Sewer: Public
• Exterior: Sidewalk
• Area Amenities: Biking
• Garage Count: 4 Car Garage

Description:

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), 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!