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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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$650,000
Est. payment /mo
4 Beds
4 Baths
1,856 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $350

MLS Listing ID 26106383

Bedrooms 4

HOA Y/N No

Year Built 1953

Lot Size 4,003 Sqft

Property Description

We are pleased to present 8219 S Central Avenue, a value add 4-unit owner user or investment opportunity 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. The property will be delivered with one (1) vacancy, allowing for an excellent owner user opportunity. The opportunity will provide a savvy investor with a low basis ($650,000) with huge upside potential. 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. South Los Angeles has seen significant growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 2-bedroom market rents reaching $2,300-$2,600. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAC2

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Garage

Garage Spaces 3.0

Garage Description 3.0

Total Parking Spaces 3

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6029013002

Acceptable Financing Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan

Listing Terms Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, Government Loan, VA Loan

Special Listing Condition Standard

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Listed by Brandon Evans Lyon Stahl Investment Real Estate, Inc. #02058494

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California 92625, USA

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