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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!
Property Type(s):
Residential Income
| Last Updated | 12/13/2024 | Year Built | 1956 |
|---|---|---|---|
| Community | Metropolitan South | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | Metropolitan South |
| GARAGE | Yes |
| HEAT | Natural Gas, Wall Furnace |
| LOT | 5063 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electric: Standard |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAC2 |
Location
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Listed with CENTURY 21 MASTERS
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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