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View active homes in Los Angeles8219 S Central Avenue
Property Overview
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.
Home Details
- Property type
- ResidentialIncome
- Year built
- 1953
- Living area
- 1,856 sq ft
- Lot size
- 4,001 sq ft
- Parking
- 3 spaces
- Garage
- 3 spaces
- Days on market
- 8
- MLS status
- Off Market
- Zoning
- LAC2
Features & Amenities
Appliances
- Refrigerator
Parking
- Garage
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
Location & Neighborhood
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View active homes in Los AngelesFrequently Asked Questions About 8219 S Central Avenue
Property type: Residential Income
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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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