8708 S Central Avenue
Los Angeles, California

Los Angeles, California

Listed By CENTURY 21 Masters

The Commercial Property for Sale located at Los Angeles, California is currently for sale. Los Angeles, California is listed for $1,598,500. This property has Gated Community features. If the property located at Los Angeles, California isn't what you're looking for, visit https://global.century21uk.com to see other Commercial Properties for Sale in Los Angeles .

Date Updated : May 2, 2025

MLS#: MB24248904

$1,598,500 USD

The details

Property features

Key features

  • Gated Community

Construction details

  • Year built: 1956

Other features

  • Heating system: Gas
  • Garages: 4

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!

Location

Los Angeles, California
Courtesy of Robert Soriano CENTURY 21 Masters
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