$1,500,000

Estimated payment $9,421/month

Total Views 2,983
10 Beds
10 Baths
4,894 Sq Ft
$306 Price per Sq Ft

Highlights

  • City Lights View
  • No HOA
  • Concrete Porch or Patio
  • Dual Staircase
  • Cooling System Mounted To A Wall/Window
  • Utility Room

About This Home

Incredible Investment Opportunity – Two 10-Unit Apartment Buildings on Central Ave!

Welcome to 8708 S Central Ave, a well-maintained 10-unit apartment building located in the heart of Los Angeles. This property is being sold together with its sister building at 8704 S Central Ave MLS: MB25141266, offering a rare opportunity to own 20 total units side by side.

Each building features 10 spacious units (10 beds / 10 baths per building), making this an ideal acquisition for investors seeking strong rental income and long-term upside.

The buildings are situated in a high-demand rental area with consistent tenant occupancy. For full financials, including rent rolls and operating expenses, please refer to the listing for 8704 S Central Ave.

Whether you're expanding your portfolio or entering the multifamily market, this package offers value, scale, and potential. Don’t miss out on this rare side-by-side asset sale!

8708 & 8704 S Central Ave, Los Angeles, CA 90002, Please see rent rolls in suplements

Listing Agent

Robert Soriano

CENTURY 21 MASTERS Brokerage Phone: 562-237-3447 License #02026298 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,063 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Mixed Use
  • Fire Rated Drywall

Interior Spaces

  • 4,894 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Utility Room
  • City Lights Views

Bedrooms and Bathrooms

  • 10 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 10 Full Bathrooms

Additional Features

  • Concrete Porch or Patio
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 10 Units

Listing and Financial Details

  • Tax Lot 103
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043002016
  • $2,316 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Mixed Use
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 6043002016
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 4894.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Entry Location: Front and Back
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 10
  • Full And Three Quarter Bathrooms: 10
  • Total Bedrooms: 10
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 10
  • Main Level Bedrooms: 10
  • Price Per Square Foot: 306.50
  • Room Type: All Bedrooms Down, All Bedrooms Up, Utility Room

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Concrete, Patio, Patio Open
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5063.00
  • Lot Size Acres: 0.1162

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5063.0000 Square Feet
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 2400.10
  • Tax Lot: 103
  • Tax Tract Number: 7421
  • TaxOtherAnnualAssessmentAmount: 2316.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $1,500,000 -- $306 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25141260

California Regional Multiple Listing Service (CRMLS)