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!
4,894 Sq Ft
5,063 Sq Ft Exterior Space
Apartment
Built in 1956
MLS/Listing ID MB24248904
9 Units
Listing Courtesy of CENTURY 21 MASTERS, ROBERT SORIANO - 562-237-3447
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE