10611 Central Avenue

Los Angeles, CA 90002

$3,100,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $440 / sqft

1957

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 10611 Central Avenue
City Los Angeles
State CA
Zip 90002
County Los Angeles
Listing Agent Peter James DRE#01748556
Co-Listing Agent William James DRE#01734419
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
MLS 24392061
List Price $3,100,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 9,266
Year Built 1957
DOM 1

Exterior Information

Maps

Listing information courtesy of: Peter James, William James, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of May 15th, 2024 at 3:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.