2944 8th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - bed, bath
ACTIVE$1,500,000
2944 8th Avenue, Los Angeles, California 90018
0Bed
0Bath
3,208Sqft
7,502Lot
Year Built
1920
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$468
HOA
-
Days on market
-
Sold On
-
MLS number
PW25184155
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.50M(85th), sqft - 3208(77th), beds - undefined(50th), baths - undefined(50th).
2944-2946 1/2 8th Ave. is a well maintained 3 unit home centrally located in Los Angeles, minutes away from USC and the Los Angeles Memorial Coliseum. 2944 consists of 3 bedrooms/2 baths, 2946 is a 2 bedroom/1 bath and 29461/2 is 1 bedroom/ 1 bath. All 3 units are occupied. This is an ideal opportunity for an owner/user or investor looking for a prime asset in a rapidly appreciating neighborhood!
Nearby schools
3/10
Sixth Avenue Elementary School
Public,•K-5•0.2mi
5/10
Virginia Road Elementary School
Public,•K-5•0.8mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.9mi
3/10
Arlington Heights Elementary School
Public,•K-5•0.9mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.9mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.0mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.0mi
2/10
Audubon Middle School
Public,•6-8•1.3mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.2mi
5/10
Foshay Learning Center
Public,•K-12•1.3mi
4/10
Los Angeles Senior High School
Public,•9-12•2.0mi
4/10
West Adams Preparatory High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
08/21/25
Listing
$1,500,000
Condition Rating
Fair
Built in 1920, the property's exterior appears well-maintained with fresh paint and tidy landscaping. The description states it is a 'well maintained 3 unit home' and is occupied, indicating it is livable and functional. However, there are no interior images provided, which prevents assessment of the kitchen, bathrooms, appliances, flooring, or systems. Given its age and the lack of explicit recent renovation details, it's highly probable that while functional, the interior components, especially kitchens and bathrooms, are outdated in style and features, aligning with a 'Fair' condition where regular upkeep has occurred but major updates are likely needed to meet current standards.
Pros & Cons
Pros
Income-Generating Asset: The property features three occupied units, providing immediate rental income for investors or an owner-user.
Strategic Los Angeles Location: Centrally located near USC and the LA Memorial Coliseum, ensuring high rental demand and strong appreciation potential.
Strong Appreciation Potential: Situated in a 'rapidly appreciating neighborhood,' indicating a robust investment outlook.
Versatile Investment/Owner-User Opportunity: Appeals to a broad range of buyers, from pure investors to those seeking to live in one unit and rent out the others.
Well-Maintained Condition: Described as 'well maintained,' suggesting reduced immediate repair or renovation needs for a new owner.
Cons
Historic Property Age: Built in 1920, the property may have aging infrastructure (plumbing, electrical, roof) that could require significant future capital expenditures despite being well-maintained.
Unit Count Discrepancy: The listing describes a '3 unit home' while the sub_type is listed as 'Duplex,' which could lead to questions regarding zoning compliance, legal non-conforming status, or financing.
Tenant Occupancy for Owner-Users: All units are currently occupied, which could pose a challenge for an owner-user seeking immediate occupancy of a unit, potentially requiring tenant relocation efforts.