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$650,000

FOR SALE
Active

8219 S Central Avenue

Los Angeles, CA

MLS# 26106383

1,856 Sq Ft4bd • 4ba
2 days on marketNalren refreshed

Listing Agent

Brandon Evans

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02058494

(310) 425-9838

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

4

Bedrooms

4

Bathrooms

1,856 sqft

Square Feet

1953

Year Built

4,001 sqft

Lot Size

$350

Price/Sq Ft

3

Garage Spaces

N/A

HOA

N/A

Property Type

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.

Facts & Features

Interior

Appliances
Refrigerator

Building

Year Built
1953
Living Area
1,856 sqft
Building Area Total
1,856
Levels
Multi Split
Stories Total
0

Utilities

Heating
Wall Furnace
Cooling
Wall Window Units

Parking

Garage Spaces
3
Parking Features
Garage
Parking Total
3

Community / HOA

HOA
No

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