8624 Graham Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
ACTIVE$974,900
8624 Graham Avenue, Los Angeles, California 90002
0Bed
0Bath
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
DW25235969
Home ConditionExcellent
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $974.9K(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
10/09/25
Listing
$999,999
10/09/25
Price Change
$974,900
12/29/23
Sold
$585,000
03/31/23
Sold
$2,250,000
Condition Rating
Excellent
This is a new construction property (built 2025) as explicitly stated in the description. The images confirm a modern aesthetic with new finishes throughout, including contemporary white shaker cabinets, dark countertops, and stainless steel built-in appliances in the kitchen. Bathrooms feature modern vanities, tiled showers, and new fixtures. The property boasts new laminate flooring in common areas, carpet in bedrooms, recessed lighting, modern ceiling fans, AC/mini splits, and paid-off solar panels, indicating all components are new and meet current quality standards with no deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Design: Built in 2025, this modern two-story duplex offers brand-new systems, contemporary finishes, and minimal immediate maintenance requirements.
Exceptional Investment Potential: Advertised with an impressive 10% CAP return and potential rental income of $4,500 per unit ($9,000 total), making it a strong income-generating asset.
Energy Efficiency & Cost Savings: Equipped with paid-off solar panels, significantly reducing electricity costs for both tenants and owners, enhancing profitability and appeal.
Prime Location & Accessibility: Strategically located bordering South Gate, within walking distance to a Metro station, and just 20 minutes from LAX, SoFi Stadium, and Downtown Los Angeles.
Spacious & Well-Appointed Units: Each unit features 4 spacious bedrooms, 3 baths, 2 master suites, inside laundry, laminated floors, AC/mini splits, and built-in appliances, offering high tenant appeal.
Cons
Compact Lot Size: The 3,400 sqft lot size for a duplex may offer limited outdoor space or privacy, which could be a consideration for some tenants or owner-occupants.
High-Density Urban Environment: Located in a typically dense urban area of Los Angeles (90002), which might not appeal to buyers seeking more open space or a quieter, suburban setting.
Recent Price Adjustment: A recent price reduction from $999,999 to $974,900, while potentially a negotiation opportunity, could also suggest initial overpricing or slower market absorption.