2 months on rocket

8704 S Central Ave, Los Angeles, CA, 90002

$1,675,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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8704 S Central Ave, Los Angeles$1,675,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Carport, Covered
Year Built1955
HeatingNatural Gas, Wall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #PW24030451
Lot Size0.11 Acres
StatusActive

About 8704 S Central Ave

2 story building consisting of 10 residential units in high demand area in the city of Los Angeles. The property is a mix of 1 - 2 bed 1 bath, 8- 1 bed 1 bath and 1 studio units. There are 4 single car garages that are individually lease for extra income. Most units have updated windows, updated interiors and individual water heaters. The exterior has recently been updated and seller spent over $200K to complete a seismic retrofit to meet city of Los Angeles retrofit code. This is a great opportunity for the savvy investor due to upside on rents. Located close to public transportation, local amenities and minutes from Downtown Los Angeles. Next door twin building which shares a courtyard with the subject property is also for sale. 2 separate APN's and both properties must be sold together. Next door building address is : 8708 S. Central Avenue MLS #PW24030469. w

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2

Listing Office:

  • Office Name: Jason Mitchell Real Estate California
  • Office Phone: (310) 720-6627
  • Listing Agent: Ronald Perez

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Attached Carport, Covered

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • John C. Fremont Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Charles Drew Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Russell Elementary School, Public Magnet Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: South of Manchester Avenue / Firestone Blvd / North of Century Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,675,000

Tax Information:

  • Annual Amount: $14,513
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

8704 S Central Ave vs Los Angeles

67 DAYS ON ROCKET

+33 Days

$1,675,000

+$688.5K More

KEY TAKEAWAY

This property is $688.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24030451

Listing Office:

  • Office Name: Jason Mitchell Real Estate California
  • Office Phone: (310) 720-6627
  • Listing Agent: Ronald Perez

IDX 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: 5/5/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 14, 2005Home Sold
$795,000
Oct 17, 2003Home Sold
$495,000
May 22, 2002Home Sold
$20,000
Oct 03, 2001Home Sold
$375,000
Mar 31, 2000Home Sold
$106,500
Nov 08, 1996Home Sold
$145,909
Feb 22, 1995Home Sold
$60,000
Sep 06, 1994Home Sold
$175,000
Jan 07, 1994Home Sold
$165,813

Tax History

YEARPROP. TAXASSESSMENT
2021$14,513$1,039,146
2020$14,105$1,028,383
2019$13,972$1,008,219
2018$11,855$988,451
2017$11,855$820,000

History based on county public records data.

Payment Calculator

$8,427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,088

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6324211
6
/10

  • Russell Elementary School

  • 1263 Firestone Blvd

  • 0.28 miles

  • Public Magnet Grades KG-6

school-card-donut-6324212
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.06 miles

  • Public Magnet Grades KG-6

school-card-donut-6324213
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.03 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6324214
2
/10

  • Charles Drew Middle School

  • 8511 Compton Ave

  • 0.47 miles

  • Public Magnet Grades 6-8

school-card-donut-6324215
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.12 miles

  • Public District Grades 6-8

High School

school-card-donut-6324216
2
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 1.06 miles

  • Public Magnet Grades 9-12

school-card-donut-6324217
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.98 miles

  • Public Magnet Grades 9-12

school-card-donut-6324218
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 21.34 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,544. The most common annual income of people living in Los Angeles, CA is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8704 S Central Ave

What is the listing price of this property?

The listing price of 8704 S Central Ave property is $1,675,000.

What type of property is this?

The property 8704 S Central Ave is a condo located in Los Angeles, California, 90002.

Is this property for sale now?

Active Listing: 8704 S Central Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8704 S Central Ave are:
Russell Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Charles Drew Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
John C. Fremont Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,513 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 14, 2005 for $795,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 8704 S Central Ave is 1955.

Rocket Homes›California›Los Angeles County›Los Angeles›90002›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. This home, which was built in 1955, sits on a 0.11 acre lot. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $1,675,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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