$10,000 Closing Credit¹
#MB24248886, ROBERT SORIANO, Listing Office: CENTURY 21 MASTERS
#MB24248904·
Listing Office: CENTURY 21 MASTERS·
Listing Agent: ROBERT SORIANO·
Listing Office Phone: 562-237-3447
$10,000
closing credit¹
8708 S Central Ave Los Angeles, CA 90002
$1,598,500 List price
$10,000
Closing credit¹
0.1 acres
Condo
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
Home typeCondominium
HeatingNatural Gas, Wall Furnace
StatusActive
Lot size0.1162 Acres
Year built1956
MLS #MB24248904
Garage4 spaces
Summary
- 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: 2/7/2025, 11:20:54 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
8708 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 |
|---|---|---|
| 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. The majority of Los Angeles, CA residents have income less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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 8708 S Central Ave
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 $1,598,500.
Over 294 listings were sold over their listed price in January 2025 in Los Angeles, CA. In the same period over 545 listings were sold below the listed price and 161 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between December and January 2025 increased by 20.1%. While the average time on the market in January 2025 was 45 days, the median list price was $1,035,435.
From Rocket Homes Real Estate and based on county public records data.