- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 306324657
- Photos (12)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
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!
- Total Floor Area:
- 5,063 sq. ft.
- Lot Size:
- 4,000-7,499 SF
- Lot Size:
- 5,062 sq. ft.
- Number of Buildings:
- 1
- Number of Units:
- 9
- Total Stories:
- 2
- Market Area:
- OTHER
- County:
- LOS ANGELES
- Mello Roos Fee:
- 2316.0
- Monthly Total Fees:
- 193.0
- Annual expense actual:
- 26160
- Cap Rate.:
- 5.4
- Gross scheduled income:
- 105420
- Unit Number for Unit 1:
- 1
- Bedrooms for Unit 1:
- 1
- Number of bathrooms for Unit 1:
- 1
- Total Rent for Unit 1:
- 846.0
- Unit Number for Unit 2:
- 2
- Bedrooms for Unit 2:
- 1
- Number of bathrooms for Unit 2:
- 1
- Total Rent for Unit 2:
- 1040.0
- Unit Number for Unit 3:
- 3
- Bedrooms for Unit 3:
- 1
- Number of bathrooms for Unit 3:
- 1
- Total Rent for Unit 3:
- 596.0
- Unit Number for Unit 4:
- 4
- Bedrooms for Unit 4:
- 2
- Number of bathrooms for Unit 4:
- 1
- Total Rent for Unit 4:
- 1045.0
- 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!
- Site Influences:
- Sidewalks
- Directions:
- East on Manchaster, Right on S Central Ave Building on Left hand side
- Cooling:
- None
- Heating fuel:
- Natural Gas
- Pool:
- N/K
- Spa:
- N/K
- Security:
- Gated Community
- Terms:
- Cash, Exchange, Land Contract
- Parcel Number:
- 6043002016
-
Photo 1 of 12 -
Photo 2 of 12
-
Photo 3 of 12
-
Photo 4 of 12
-
Photo 5 of 12
-
Photo 6 of 12
-
Photo 7 of 12
-
Photo 8 of 12
-
Photo 9 of 12
-
Photo 10 of 12
-
Photo 11 of 12
-
Photo 12 of 12
Listed by CENTURY 21 MASTERS
Data was last updated December 22, 2024 at 09:10 PM (UTC)
Area Statistics
- Listings on market:
- 2,660
- Avg list price:
- $1,199,999
- Min list price:
- $37,499
- Max list price:
- $30,000,000
- Avg days on market:
- 90
- Min days on market:
- 1
- Max days on market:
- 1,838
- Avg price per sq.ft.:
- $170.36
These statistics are generated based on the current listing's property type
and located in
OTHER. Average values are
derived using median calculations.
- IRIS HIRSCH
- Del Mar
- 1 (858) 945 8198
- Contact by Email
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2024 San Diego Multiple Listing Service, Inc.
Iris Hirsch
San Diego
3790 Via de la Valle, Suite 201
Del Mar, CA 92014
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2024 San Diego Multiple Listing Service, Inc.