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8624 Graham Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

8624 Graham Avenue, Los Angeles, California 90002 home-pic-0
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
$975K
Price/Sqft
$325
HOA
-
Days on market
-
Sold On
-
MLS number
DW25245695
Home ConditionExcellent
Features
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 . 3 CAR PARKING THRU THE ALLEY AND SELLER WILLING TO CREATE 2 MORE PARKING SPACES...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............SELLER WILLING TO HELP TO PAY FOR BUYERS 2 YEARS BUY DOWN FOR A LOWER RATE!

Price History

Date
Event
Price
10/23/25
Listing
$974,900
12/29/23
Sold
$585,000
03/31/23
Sold
$2,250,000
Condition Rating
Excellent
This property is explicitly described as 'NEW CONSTRUCTION' with a built year of 2025, indicating it is brand new. The description highlights modern features such as laminated floors throughout, AC/mini splits, all new electrical units, built-in appliances, and paid-off solar panels. The provided images of the bedrooms show new carpets, fresh paint, modern ceiling fans, and recessed lighting, reinforcing the 'new' and 'modern' aesthetic. While specific kitchen and bathroom images are not available, the 'new construction' status guarantees they meet current quality standards with new fixtures, appliances, and finishes, aligning perfectly with the 'excellent' criteria of being newly built with virtually new components and no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Features: Built in 2025, this modern 2-story duplex boasts brand new construction with AC/mini splits, built-in appliances, laminated floors throughout, and two master suites per unit, offering contemporary comfort and appeal.
Strong Income & ROI Potential: The property is advertised with an amazing 10% cap return and a potential rental income of $4,500 per unit, totaling $9,000 per month, making it a highly attractive investment for cash flow.
Energy Efficiency: Equipped with paid-off solar panels, the property offers significant savings on electricity bills, enhancing its long-term profitability and environmental appeal.
Strategic Location & Accessibility: Located in a great area bordering South Gate, it's within walking distance to a Metro station and just 20 minutes from LAX, SoFi Stadium, and Downtown LA, providing excellent connectivity.
Buyer-Friendly Terms: The property is FHA ready, and the seller is willing to assist with a 2-year rate buy-down, making it more accessible and appealing to a wider range of potential buyers.

Cons

Pre-Construction Status: With a 'year_built' and 'on_market_date' in 2025, the property appears to be pre-construction or newly completed, which could involve potential waiting periods or construction delays for buyers.
Limited Lot Size: The 3400 sqft lot size for a duplex may offer minimal private outdoor space for tenants, which could be a drawback for those seeking larger yards or recreational areas.
Urban Density: Situated in a metropolitan area (Los Angeles, 90002), the property is likely in a high-density urban environment, potentially leading to increased noise levels or reduced privacy compared to less dense areas.

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