10611 South Central Avenue Los Angeles, CA ^$ 3,100,000

10611 South Central Avenue

^$ 3,100,000

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10611 South Central Avenue

Los Angeles, CA, 90002

^$ 3,100,000

Studio Baths0.0 Sq 7,040

Monthly Estimate*

^$ 20,604

10611 South Central Avenue, Los Angeles, CA 90002 - Image 1

10611 South Central Avenue, Los Angeles, CA 90002 - Image 2

10611 South Central Avenue, Los Angeles, CA 90002 - Image 3

10611 South Central Avenue, Los Angeles, CA 90002 - Image 4

10611 South Central Avenue, Los Angeles, CA 90002 - Image 5

10611 South Central Avenue, Los Angeles, CA 90002 - Image 6

10611 South Central Avenue, Los Angeles, CA 90002 - Image 7

10611 South Central Avenue, Los Angeles, CA 90002 - Image 8

10611 South Central Avenue, Los Angeles, CA 90002 - Image 9

Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,100,000. This 7,040 square foot home was built in 1957 on a lot size of 0.21.

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.

Multi-Family Active

Price

^$ 3,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.21

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024392061

Features

General

Heating Wall Furnace

Roof Shingle Composition

Zoning LARD2

Security Features Gated Community

Construction Materials Stucco

Year Built 1957

Tenant Pays Electricity Gas

Levels Multi/Split

Accessibility Other

County Los Angeles

Net Operating Income 219252.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction East

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area Metropolitan South

Lot Size Square Feet 9266.0

Street Name Central

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Uncovered Tandem Garage

Lot Features Rectangular Lot

Lot Size Area 9266.0

Foundation Details None

Spa No

Pool Y/N? No

Building Area Total 7040.0

Lot Size Acres 0.21

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Peter James

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$20,604

Per Month

Monthly Principal & Interest: $20,604
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,991,000

Percent of Sale Price 36%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2024	$3,100,000		Listed Price

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10611 South Central Avenue, Los Angeles, CA, 90002 is a Multi-Family Home for sale at $3,100,000 with 7,040 sqft and a lot size of 0.21. 10611 South Central Avenue is a studio with 0.0 baths and was built in 1957. The property's zip code is 90002 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/23/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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10611 South Central Avenue

Multi-Family Home for sale in Los Angeles, CA

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