8624 Graham Avenue, Los Angeles, California 90002, Los Angeles, 90002 - 8 bed, 6 bath
ACTIVE$974,900
8624 Graham Avenue, Los Angeles, California 90002
8Beds
6Baths
3,000Sqft
3,400Lot
Year Built
2025
Close
-
List price
$975K
Original List price
$1,000K
Price/Sqft
$325
HOA
-
Days on market
-
Sold On
-
MLS number
DW25230604
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $974.9K(83th), sqft - 3000(75th), beds - 8(92th), baths - 6(92th).
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
10/12/25
Price Change
$974,900-2.5%
10/02/25
Listing
$999,999
12/29/23
Sold
$585,000
03/31/23
Sold
$2,250,000
Condition Rating
Excellent
This is a brand new construction property, built in 2025, as explicitly stated in the listing. The images showcase modern finishes throughout, including white shaker cabinets, stainless steel built-in appliances, laminate flooring, new carpeting, contemporary light fixtures, and modern bathroom vanities with subway tile. The property also features AC/mini splits and paid-off solar panels, indicating all systems are new and high-quality, meeting current standards with no deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Amenities: Built in 2025, this modern duplex offers brand new systems, contemporary finishes, AC/mini splits, built-in appliances, and FHA readiness, ensuring low maintenance and modern living.
Exceptional Income Potential: Advertised with an 'AMAZING 10% CAP RETURN' and potential rent of $4,500 per unit, this property is positioned as a strong 'bread and butter' investment for significant monthly income.
Energy Efficiency & Cost Savings: Equipped with paid-off solar panels and AC/mini splits, the property promises reduced electricity bills, enhancing its appeal to both tenants and owner-occupants.
Strategic Location & Accessibility: Located in a 'GREAT LOCATION' bordering South Gate, with walking distance to a Metro station and just 20 minutes from LAX, SoFi Stadium, and Downtown LA, offering excellent connectivity.
Spacious & Well-Appointed Units: Each unit features 4 spacious bedrooms, 3 baths (including 2 master suites), inside laundry, and laminated floors throughout, providing comfortable and functional living spaces.
Cons
Future Construction/Delivery Date: The 2025 build year and on-market date indicate this is a pre-construction or under-construction listing, which means delayed occupancy and potential for construction-related issues or changes.
Limited Outdoor Space: With a lot size of 3400 sqft for a duplex, private outdoor space for each unit is likely minimal, which can be a drawback for tenants or owner-occupants seeking yard access.
Recent Price Adjustment: The property has already seen a price reduction from $999,999 to $974,900, which could signal initial overpricing or a need to stimulate buyer interest.