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8219 S Central Ave, Los Angeles, CA, 90001

4beds
4baths
1,856sqft
$750,000
$404price/sqft
$5,141/moest. monthly cost
$205,640/yrincome needed

About This Home

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.

Getting Around

75
WalkingVery Walkable
59
TransitGood Transit
61
BikeBikeable

Construction

Condition

  • Year built: 1953

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Range/Oven

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Wall
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,856
  • Total interior livable area: 1,856 sqft

Property

Details

  • Parcel number: 6029013002
  • Zoning: LAC2
  • Special condition: Standard

Features

  • Levels: Multi/Split

Lot

  • Lot size: 3,998 sqft
  • Lot size dimensions: 40 x 100

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3