8858 S Central, Los Angeles, California 90002, Los Angeles, 90002 - 0 bed, 0 bath
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8858 S Central
Los Angeles, California 90002
ACTIVE
CONDITION: POOR
0Beds
0Baths
3,072Sq Ft
4,111Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$856,909
SUMMARY
This High-Potential Investment Opportunity is a Quadruplex listed at $899,000—positioned well below the $908,344 Fair Market Value by 1%. With a Fair Condition Rating and two vacant units, this asset offers $9,344 in Instant Equity and immediate value-add potential through renovation. The Desirable Unit Mix of three 2-bedroom and one 3-bedroom units, combined with Dedicated Off-Street Parking, ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a value-add strategy in Los Angeles.
Estimated Market Value
$856,909
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8858 S Central Subject 0 bd · 0 ba · 3,072 sqft · $279 | $849,000* List Price | 0 | 0 | 3,072 | $279 | - |
A 9544 Compton Active 0 bd · 0 ba · 2,804 sqft · $285 · 0.8 mi | $799,000 List Price | 0 | 0 | 2,804 | $285 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1963 (>30 years old) with no mentioned renovations. The exterior shows clear signs of aging, weathered stucco, and dated deferred maintenance. While currently partially tenant-occupied, a building of this age without updates likely requires significant system overhauls (HVAC/Electric) and interior rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Value-Add Potential
With two of the four units delivered vacant, investors have the immediate opportunity to renovate and lease at current market rates or accommodate an owner-occupant without the complications of existing tenancies.
- Desirable Unit Mix
The property features a favorable configuration of three 2-bedroom units and one 3-bedroom unit, catering to high-demand family rentals which typically offer better long-term stability and higher rental yields.
- Dedicated Off-Street Parking
The inclusion of rear parking with alley access provides a critical amenity for tenants in a high-density Los Angeles neighborhood, significantly increasing the property's leasability and competitive edge.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1963, the property may require significant capital expenditures for modernization or repairs to aging systems to ensure it meets modern building standards and tenant expectations.
- Limited Lot Utility
The relatively compact lot size of 4,111 square feet for a quadruplex limits private outdoor space for tenants and restricts the potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
About 8858 S Central
Four units available for sale centrally located in Los Angeles and close to everything, three of the units are 2 bedrooms/one bathroom and one unit is 3 bedrooms/one bathroom. Two of the four units are vacant and the other two are tenant occupied. Please call the Agent for more information. Property has parking at the back of the building and parking access is from the alley.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1963
- Lot Size
- 4,111 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,072 | 2,090.331 |
| Lot Size | 4,111 | 5,852.908 |
| Price | $849.0K | $830.9K |
| Price per sq ft | $276 | $394 |
| Built year | 1963 | 1928 |
| HOA | $0 | $0 |
| Days on market | 56 | 87 |
Pricing History
Listed for Sale
Oct 7, 2026
$849,000
$899,000
-6% Price Drop
Initial Listing
Price Change
Sep 14, 2026
$899,000
Initial Listing
Sold
Sep 14, 2012
$340,000
Public Record
Sold
Aug 1, 2011
$300,000
Public Record
Sold
Mar 7, 2005
$495,000
Public Record
Sold
Sep 10, 2004
$420,000
Public Record