new - 23 hours on rocket

8708 S Central Ave, Los Angeles, CA, 90002

$1,599,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

8708 S Central Ave, Los Angeles$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Garage4 spaces
Year Built1956
HeatingNatural Gas, Wall Furnace
CoolingNone
FireplaceNone
ViewNone
MLS #MB24107071
Lot Size0.12 Acres
StatusActive

About 8708 S Central Ave

Discover a standout investment in the heart of Los Angeles! This eye-catching, two-story building features 10 in-demand residential units, making it a hot property for the savvy investor. Choose from a mix of one spacious 2-bed, 1-bath unit, eight charming 1-bed, 1-bath units, and a cozy studio. Plus, with four single-car garages available for lease, there's extra income potential. What makes this property irresistible? The vibrant paint job and updated windows make it a prime location for tenants. Most units also feature refreshed interiors and individual water heaters, offering modern comfort. The exterior has seen a major upgrade, with over $200K spent on a seismic retrofit to meet Los Angeles city. Situated close to public transportation, local amenities, and just minutes from Downtown LA, this property is a fantastic opportunity for rental growth. Even better, a twin building next door shares a courtyard with this property and is also up for sale. With two separate APNs, both properties are a package deal. The address of the neighboring building is 8704 S. Central Avenue, MLS: MB24106529 This prime investment is on the market now, waiting for a smart investor to snap it up. Don’t miss your chance to add this standout property to your portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1956
  • Stories: 2

Listing Office:

  • Office Name: EXCELLENCE RE REAL ESTATE
  • Office Phone: (562) 237-3447
  • Listing Agent: ROBERT SORIANO

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.12 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: East on Manchaster, Right on S Central Ave Building on Left hand side

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000

Tax Information:

  • Annual Amount: $13,362
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$995.9K

Med. Price/SqFt

$635

Avg. Days On Market

33

# of Sold Homes

1589

8708 S Central Ave vs Los Angeles

1 DAY ON ROCKET

-32 Days

$1,599,000

+$603K More

KEY TAKEAWAY

This property is $603K 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: #MB24107071

Listing Office:

  • Office Name: EXCELLENCE RE REAL ESTATE
  • Office Phone: (562) 237-3447
  • Listing Agent: ROBERT SORIANO

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: 6/2/2024, 4:20:35 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

Sep 30, 2002Home Sold
$392,000
Apr 04, 2002Home Sold
$95,700
Apr 11, 1997Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,362$946,872
2020$12,987$937,164
2019$12,854$918,789
2018$11,786$900,774
2017$11,786$820,000

History based on county public records data.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-7042775
5
/10

  • Russell Elementary School

  • 1263 Firestone Blvd

  • 0.28 miles

  • Public Magnet Grades KG-6

school-card-donut-7042776
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.06 miles

  • Public Magnet Grades KG-6

school-card-donut-7042777
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.02 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-7042778
2
/10

  • Charles Drew Middle School

  • 8511 Compton Ave

  • 0.48 miles

  • Public Magnet Grades 6-8

school-card-donut-7042779
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.13 miles

  • Public District Grades 6-8

High School

school-card-donut-7042780
3
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 1.07 miles

  • Public Magnet Grades 9-12

school-card-donut-7042781
8
/10

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

  • 456 S Mathews St

  • 5.99 miles

  • Public Magnet Grades 9-12

school-card-donut-7042782
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 21.35 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. Most Los Angeles, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8708 S Central Ave

What is the listing price of this property?

The listing price of 8708 S Central Ave property is $1,599,000.

What type of property is this?

The property 8708 S Central Ave is a condo located in Los Angeles, California, 90002.

Is this property for sale now?

Active Listing: 8708 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 8708 S Central Ave are:
Russell Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
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 3/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $13,362 (source: MLS/based on county public records data).

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

The last sale was on September 30, 2002 for $392,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 8708 S Central Ave is 1956.

Rocket Homes›California›Los Angeles County›Los Angeles›90002›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. This home, which was built in 1956, sits on a 0.12 acre lot. It has been listed on Rocket Homes since June 01, 2024 and is currently priced at $1,599,000.

Over 766 listings were sold over their listed price in May 2024 in Los Angeles, CA. In the same period over 625 listings were sold below the listed price and 198 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 15.4% between April 2024 and May 2024. While the average time on the market in May 2024 was 33 days, the median list price was $995,939.

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

More Resources