8618 Graham, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
ACTIVE$974,999
8618 Graham, Los Angeles, California 90002
0Bed
0Bath
3,000Sqft
3,400Lot
Year Built
2025
Close
-
List price
$975K
Original List price
$975K
Price/Sqft
$325
HOA
-
Days on market
-
Sold On
-
MLS number
DW25240836
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $975.0K(83th), sqft - 3000(75th), beds - undefined(50th), baths - undefined(50th).
NEW CONSTRUCTION!!!! NEW MODERN 2 STORY DUPLEX . AMAZING 10 % CAP RETURN IF YOU RENT BOTH UNITS... EACH UNIT COMES WITH 4 SPACIOUS BEDROOMS AND 3 BATHS. 2 MASTER SUITES, INSIDE LAUNDRY, LAMINATED FLOORS THRU OUT, AC/MINI SPLITS, ALL ELECTRICAL UNITS, BUILT IN APPLIANCES. PAID OFF SOLAR PANELS TO HELP FOR THAT ELECTRICITY BILL. THESE UNITS HAVE A POTENTIAL TO BE BREAD AND BUTTTER WITH EXTRA MONTHLY INCOME AS EACH UNIT CAN BE RENTED FOR $ 4,500 A MONTH. GREAT LOCATION, BORDER LINE SOUTH GATE, WALKING DISTANCE TO METRO STATION. 20 MINUTES FROM LAX, SOFI STADIUM AND DOWNTOWN!.......FHA READY , SUBMIT ALL OFFERS
Price History
Date
Event
Price
10/16/25
Listing
$974,999
Condition Rating
Excellent
This property is brand new construction, built in 2025, as explicitly stated in the description. It features modern design throughout, including new laminated floors, AC/mini splits, built-in appliances, and paid-off solar panels. The images confirm a pristine condition with contemporary light fixtures, fresh paint, and modern bathrooms with new vanities, tiling, and fixtures. The kitchen, though not fully pictured, is described as having 'built-in appliances,' consistent with new construction. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Amenities: Built in 2025, this duplex offers contemporary design, new appliances, laminated floors, and AC/mini splits, minimizing immediate maintenance and appealing to modern tenants.
Strong Income-Generating Potential: Advertised 10% CAP rate with potential for $9,000/month in rental income ($4,500 per unit), positioning it as a robust 'bread and butter' investment property.
Optimal Unit Layout: Each of the two units features 4 spacious bedrooms, 3 bathrooms, and 2 master suites, providing highly desirable living arrangements for families or multiple occupants.
Significant Energy Cost Savings: Equipped with paid-off solar panels, offering substantial reductions in electricity bills, a major draw for both tenants and owners.
Strategic Urban Accessibility: Located within walking distance to a Metro Station and a short 20-minute drive to LAX, SoFi Stadium, and Downtown LA, enhancing its appeal for commuters and urban dwellers.
Cons
Limited Outdoor Space: The 3400 sqft lot for a 3000 sqft duplex suggests minimal private outdoor area, which could be a drawback for tenants seeking yard space or greater privacy.
Neighborhood Perception: While offering excellent connectivity, the specific address in the 90002 zip code (Graham Ave) may carry a perception of being in a less desirable or historically lower-income area of Los Angeles, potentially impacting tenant pool or resale value for some buyers.
Aggressive CAP Rate Claim: The advertised 10% CAP rate is exceptionally high for new construction in Los Angeles and may require thorough due diligence by investors to validate, as it could be based on optimistic assumptions regarding rental income and operating expenses.