Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    8708 Central Avenue, Los Angeles, CA 90002
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    8708 Central Avenue
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    • MLS#: MB24107071 ( Apartment )
    • Street Address: 8708 Central Avenue
    • Viewed: 8
    • Price: $1,598,500
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1956
    • Bldg sqft: 0
    • Days On Market: 263
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90002
    • Provided by: EXCELLENCE RE REAL ESTATE
    • Contact: ROBERT ROBERT
    • DMCA Notice
    • 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, MLS: MB24106529), 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!
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    Features
    Assessments
    1. Unknown
    Building Area Total
    1. 4894.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. None
    Country
    1. US
    Days On Market
    1. 168
    Direction Faces
    1. West
    Electric
    1. Standard
    Fireplace Features
    1. None
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 4.00
    Heating
    1. Natural Gas
    2. Wall Furnace
    Insurance Expense
    1. 4036.00
    Laundry Features
    1. None
    Lockboxtype
    1. None
    Lot Features
    1. 0-1 Unit/Acre
    Netoperatingincome
    1. 84060.00
    Number Of Separate Electric Meters
    1. 10
    Number Of Separate Gas Meters
    1. 10
    Otherincome1
    1. 4800.00
    Otherincomedescription
    1. secure car spaces
    Parcel Number
    1. 6043002016
    Pool Features
    1. None
    Postalcodeplus4
    1. 1117
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Apartment
    Security Features
    1. Gated Community
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 415587108:CRM
    Spa Features
    1. None
    Tenant Pays
    1. All Utilities
    Totalactualrent
    1. 110220.00
    Totalexpenses
    1. 26160.00
    Trash Expense
    1. 6960.00
    View
    1. None
    Water Sewer Expense
    1. 12600.00
    Water Source
    1. Public
    Year Built
    1. 1956
    Year Built Source
    1. Appraiser
    Zoning
    1. LAC2
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836