Property Description

Marcus & Millichap is pleased to present an opportunity to invest in a 12-unit multi-family property located in the Broadway-Manchester neighborhood of south Los Angeles. The subject property consists of all two-bed one-bath units with 7,040 of rentable square feet on a 9,263 square foot lot. This property will be delivered with four vacant units and provides tenants with gated on-site parking, a security camera system and is individually metered for gas and electricity. Located just outside of a designated Federal Opportunity Zone, this location is poised to benefit from future investment via opportunity funds and investors looking to reduce tax exposure and defer long term capital gains while improving and empowering lower socio-economic communities.

Situated at 10611-10613 S Central Avenue, south of E Century Boulevard and east of Avalon Boulevard, the property is conveniently located within walking distance to the 108th St/S Central Ave bus station. The properties also a short drive to the 105 and 110 freeways providing easy access throughout Los Angeles.