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$ 750,000
Est. payment | /mo
8 Beds
1,856 SqFt
$ 750,000
Est. payment | /mo
8 Beds
1,856 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $404
MLS Listing ID CL26650199
Bedrooms 8
HOA Y/N No
Year Built 1953
Lot Size 4,001 Sqft
Acres 0.09
Property Sub-Type OTHER
Property Description
We are pleased to present 8219 S Central Avenue, a value add 4-unit investment opportunity with approximately 72% rental upside in South Los Angeles, CA. The property is comprised of four apartment units with an excellent unit mix all (4) 2 bedroom/1 bath units. There is currently one Section 8 tenant in place with a current rent of $2,800. The property will be delivered fully occupied with a gross monthly income of $5,610, or $67,317 annually. The opportunity will yield a savvy investor with a low basis ($750,000) with huge upside potential (approx. 72%).8219 S Central Avenue is centrally located along Central Avenue, just north of 83rd Street and just east of the 110 freeway with easy access to Downtown LA, South Bay, USC, LAX, and SoFi Stadium.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 6029013002
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Listed by Brandon Evans • Lyon Stahl Investment Real Estate, Inc.
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