8219 S Central Ave, Los Angeles, CA 90001
8219 S Central Ave, Los Angeles, CA 90001
8219 S Central Ave, Los Angeles, CA 90001
8219 S Central Ave, Los Angeles, CA 90001
8219 S Central Ave, Los Angeles, CA 90001
8219 S Central Ave, Los Angeles, CA 90001
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$ 750,000
Est. payment | /mo

4 Beds

4 Baths

1,856 SqFt


Save
$ 750,000
Est. payment | /mo
Save

4 Beds

4 Baths

1,856 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $404

MLS Listing ID 26650199

Bedrooms 4

Year Built 1953

Lot Size 4,001 Sqft

Acres 0.0918

Property Sub-Type Multi-Family

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

Area Metropolitan South

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Garage

Garage Spaces 3.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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8219 S Central Ave