8219 S Central Avenue, Los Angeles, CA 90001
List Price: $750K
Listing Status: Active
0Days on Market: 119
4 Bedrooms · 4 Bathrooms · 1,856 sq ft
Property Type: ResidentialIncome
Year Built: 1953
Lot Size: 4,001 sq ft
Garage Spaces: 3
MLS Number: 26650199
About This Property
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.
Listing provided by: Brandon Evans DRE #02058494 310-425-9838 brandon.evans@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS #: 26650199
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.