$10,000 Closing Credit¹
#MB24248904, ROBERT SORIANO, Listing Office: CENTURY 21 MASTERS
#MB24248886·
Listing Office: CENTURY 21 MASTERS·
Listing Agent: ROBERT SORIANO·
Listing Office Phone: 562-237-3447
$1,598,500 List price
8704 S Central Ave Los Angeles, CA 90002
$10,000
Closing credit¹
0.1 acres
Condo
Property details
About 8704 S Central Ave
Introducing a stunning two-story building with 10 highly sought-after residential units in a prime Los Angeles location. This gem offers a vibrant mix of residences: one spacious 2-bed, 1-bath unit, eight charming 1-bed, 1-bath units, and one cozy studio. Additionally, there are four single-car garages available for lease, providing extra income potential. The building stands out with its vibrant paint job and updated windows, making it a desirable place to live. Many of the units boast refreshed interiors and individual water heaters, ensuring modern comfort for tenants. The exterior has recently undergone a significant upgrade, with the seller investing over $200K in a seismic retrofit to comply with the city of Los Angeles. This property presents a fantastic opportunity for the savvy investor, offering considerable upside on rents. It is conveniently located near public transportation, local amenities, and just minutes from Downtown Los Angeles. Adding to the appeal, a twin building next door shares a courtyard with this property and is also available for sale. With two separate APNs, both properties are to be sold together. The address of the neighboring building is 8708 S. Central Avenue. The seller is willing to negotiate a partial carryback offer. On the market and waiting for the smart investor looking to add two standout properties to their portfolio, don’t miss out on this incredible investment opportunity!
Highlights
Home typeCondominium
StatusActive
Lot size0.114 Acres
Year built1955
MLS #MB24248886
Summary
- MLS Number: MB24248886
- MLS Name: CRMLS
- Office Name: CENTURY 21 MASTERS
- Office Phone: (562) 237-3447
- Listing Agent: ROBERT SORIANO
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,598,500
8704 S Central Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 14, 2005 | Home Sold | $795,000 |
| Oct 17, 2003 | Home Sold | $495,000 |
| May 22, 2002 | Home Sold | $20,000 |
| Oct 03, 2001 | Home Sold | $375,000 |
| Mar 31, 2000 | Home Sold | $106,500 |
| Nov 08, 1996 | Home Sold | $145,909 |
| Feb 22, 1995 | Home Sold | $60,000 |
| Sep 06, 1994 | Home Sold | $175,000 |
| Jan 07, 1994 | Home Sold | $165,813 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,102,739 | $15,630 |
| 2023 | $1,081,120 | $15,349 |
| 2022 | $1,059,925 | $14,709 |
| 2021 | $1,039,146 | $14,512 |
| 2020 | $1,028,383 | $14,105 |
| 2019 | $1,008,219 | $13,972 |
| 2018 | $988,451 | $11,854 |
| 2017 | $820,000 | $11,854 |
History based on county public records data.
Nearby schools
5
Russell Elementary School
Public District PK-6
0.3 mi
•1263 Firestone Blvd
2
Kipp Ignite Academy
Public Charter KG-4
0.4 mi
•9110 S Central Ave
3
South Park Elementary School
Public District KG-6
0.6 mi
•8510 Towne Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,544. Most Los Angeles, CA residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
54%
<35k
45%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
33%
Single, No Kids
32%
Single, with Kids
7%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
13%
12-17 yrs old
26%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8704 S Central Ave
This home is located at 8704 S Central Ave in Los Angeles, CA and zip code 90002 in the Green Meadows neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $1,598,500.
Los Angeles, CA housing market in February 2025 saw over 212 listings sold above listed price, more than 105 sold at listed price and over 280 sold below. In February 2025 in Los Angeles, CA there were 10.8% more homes for sale than in January. In February 2025 median list price was $989,396 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.