#MB24248886, ROBERT SORIANO, Listing Office: CENTURY 21 MASTERS

8708 S Central Ave Los Angeles, CA 90002
Property details
About 8708 S Central Ave
Introducing a prime investment opportunity in Los Angeles: a two-story building with 10 desirable units. This property includes a spacious 2-bed, 1-bath unit, eight 1-bed, 1-bath units, and a cozy studio. Four single-car garages offer additional income potential. The building features vibrant paint, updated windows, and many refreshed interiors with individual water heaters. Recently, the seller invested over $200K in a seismic retrofit to meet Los Angeles standards. This property, along with a twin building next door (8704 S. Central Ave), is ideal for investors looking for rental upside. Both buildings, on separate APNs, are sold together. The seller is open to a carryback offer. Minutes from Downtown LA and close to transit and amenities, this opportunity is perfect for the savvy investor!
Highlights
Summary
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Heating: Natural Gas, Wall Furnace
- Cooling: None
- List Price: $1,450,000
- Annual Tax Amount: $14,389
- Tax Year: 2024
- Directions: East on Manchaster, Right on S Central Ave Building on Left hand side
- Year Built: 1956
- Stories: 2
- Lot Size: 0.1162 Acres
- MLS Number: MB24248904
- 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: 5/29/2025, 11:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,450,000
8708 S Central Ave
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 30, 2002 | Home Sold | $392,000 |
Apr 04, 2002 | Home Sold | $95,700 |
Apr 11, 1997 | Home Sold | $125,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,004,824 | $14,389 |
2023 | $985,123 | $14,131 |
2022 | $965,808 | $13,545 |
2021 | $946,872 | $13,361 |
2020 | $937,164 | $12,987 |
2019 | $918,789 | $12,854 |
2018 | $900,774 | $11,785 |
2017 | $820,000 | $11,785 |
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. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 8708 S Central Ave
The listing price of 8708 S Central Ave property is $1,450,000.
The property 8708 S Central Ave is a condo located in Los Angeles, California, 90002.
Active Listing: 8708 S Central Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8708 S Central Ave are: Russell Elementary School (GreatSchools Rating 5/10), Kipp Ignite Academy (GreatSchools Rating 2/10), South Park Elementary School (GreatSchools Rating 3/10), Kipp Philosophers Academy (GreatSchools Rating 3/10), Drew Middle School (GreatSchools Rating 2/10), Watts Learning Center Charter Middle School (GreatSchools Rating 5/10), University Pathways Public Service Academy (GreatSchools Rating 4/10), Dymally High School (GreatSchools Rating 2/10), Animo Pat Brown (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $14,389 (source: MLS/based on county public records data).
The last sale was on September 30, 2002 for $392,000 (source: MLS/tax record).
The property at 8708 S Central Ave has 0 bathroom.
The year of construction for 8708 S Central Ave is 1956.
This home is located at 8708 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 $1,450,000.
Los Angeles, CA housing market in April 2025 saw over 395 listings sold above listed price, more than 148 sold at listed price and over 328 sold below. The number of listings in Los Angeles, CA increased by 10.2% between March and April 2025. While the average time on the market in April 2025 was 36 days, the median list price was $896,516.