10611 Central Avenue, Los Angeles

$2,995,000

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2

Beds

1

Bath

7,040

Square feet

0.21

Acres

Listing Agent
Peter James - Lyon Stahl Investment Real Estate, Inc.

About 10611 Central Avenue

Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 10611 S Central is a massive 12 unit apartment in South Los Angeles consisting of all (12) 2-Bed/1-Bath units. With 92% of the building turned and renovated, this 7.07% Cap Rate and 9.83 GRM is one of the best cash flow deals in Los Angeles County. At only $258k/Door and $440/SF, this asset provides strong cash flow and immense upside. With tons of local establishments, 10611 S Central offers residents opportunities for recreation, dining and cultural enrichment.

Features of 10611 Central Avenue

MLS® # 24392061
Price $2,995,000
Bedrooms 2
Bathrooms 1.00
Square Footage 7,040
Acres 0.21
Year Built 1957
Type Residential Income
Status Active

Community Information

Address 10611 Central Avenue
Area C37 - Metropolitan South
City Los Angeles
County Los Angeles
Zip Code 90002

Amenities

Parking Spaces 10
Parking Garage, Tandem, Uncovered
Garages Garage, Tandem, Uncovered
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
# of Stories 2
Stories Multi/Split

Exterior

Exterior Stucco
Lot Description Rectangular Lot
Roof Composition, Shingle
Construction Stucco

Additional Information

Date Listed May 15th, 2024
Days on Market 59
Zoning LARD2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentPeter James
OfficeLyon Stahl Investment Real Estate, Inc.

Listing Map

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