8624 Graham Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
ACTIVE$999,999
8624 Graham Avenue, Los Angeles, California 90002
0Bed
0Bath
3,000Sqft
3,400Lot
Year Built
2025
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
DW25230605
Home ConditionExcellent
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1000.0K(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
10/02/25
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 (built 2025) with modern finishes throughout. It features new laminated flooring, new carpets, new stainless steel built-in appliances in the kitchen, modern white shaker cabinets, contemporary bathroom vanities and fixtures, recessed lighting, ceiling fans, AC/mini splits, and solar panels. All components are new and meet current quality standards, requiring no immediate maintenance or updates.
Pros & Cons
Pros
New Construction & Modern Design: The property is a brand new, modern 2-story duplex built in 2025, offering contemporary finishes, built-in appliances, and laminated floors throughout, appealing to a wide range of tenants or owner-occupants.
Strong Income Potential: Advertised with an 'AMAZING 10% CAP RETURN' and potential rental income of $4,500 per unit, this duplex presents a significant opportunity for investors seeking high cash flow.
Energy Efficiency & Cost Savings: Equipped with paid-off solar panels, the property offers substantial savings on electricity bills, enhancing its attractiveness to environmentally conscious tenants and reducing operating costs for owners.
Comprehensive Unit Features: Each unit boasts 4 spacious bedrooms, 3 baths, including 2 master suites, inside laundry, and AC/mini-splits, providing comfort and convenience for residents.
Strategic Location & Accessibility: Located on the border of South Gate, within walking distance to a Metro station, and just 20 minutes from LAX, SoFi Stadium, and Downtown LA, offering excellent connectivity and access to major hubs.
Cons
Neighborhood Perception: While offering transit access, the specific address on Graham Avenue in the 90002 zip code may be perceived as a higher-density or less desirable area by some investors or tenants, potentially impacting long-term appreciation or tenant pool quality.
Limited Outdoor Space: With a 3000 sqft duplex on a 3400 sqft lot, the property offers minimal private outdoor space, which could be a drawback for families or tenants seeking a yard or more recreational area.
Unverified Cap Rate Projection: The 'AMAZING 10% CAP RETURN' is presented without detailed financial pro forma, suggesting it might be a gross projection and could be aggressive once all operating expenses (taxes, insurance, maintenance, vacancy, etc.) are fully factored in.