8704 Central Avenue Los Angeles, CA 90002

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Property For Sale On 8704 Central Avenue,Los Angeles,CA,90002

Price: $1,598,500
Address: 8704 Central Avenue
City: Los Angeles
State: CA
Zip: 90002
Broker Name: ROBERT SORIANO
Condition: Resale
Fee: No
Mls Id: 45905983
Seller Type: Agent/Broker
Year: 1955
Provided By: Elistingengine

Description:

Introducing a stunning two–story building with 10 highly sought–after residential units in a prime Los Angeles location. This gem offers a vibrant mix of residences: one spacious 2–bed, 1–bath unit, eight charming 1–bed, 1–bath units, and one cozy studio. Additionally, there are four single–car garages available for lease, providing extra income potential. 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.

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