8741 Cattaraugus Avenue 2, Los Angeles, California 90034, Los Angeles, 90034 - bed, bath

8741 Cattaraugus Avenue 2, Los Angeles, California 90034 home-pic-0
ACTIVE$797,000
8741 Cattaraugus Avenue 2, Los Angeles, California 90034
0Bed
0Bath
Sqft
2,125Lot
Year Built
1954
Close
-
List price
$797K
Original List price
$839K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
SR25252666
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $797.0K(3th), sqft - 0(1th), beds - undefined(1th), baths - undefined(1th).

Do Not Go Onto Property Do Not Disturb Tenants - Ground zero for development projects in this area - Terrific duplex minutes walk to Los Angeles Metro mass transit—well maintained and runs smooth, ideal for either a first-time buyer or seasoned investor or builder ready to expand. Each unit offers 1 bedroom and 1 bath, both rented for steady income, plus two single garages off the alley that generate additional revenue. Located near Palms and Culver City, just north of Venice Blvd and west of La Cienega, close to the Culver Arts District, Helms Bakery, Platform, and Sony Studios. This easy-to-manage property offers low expenses, a cute front yard, and sits under LA City RSO. Seller to complete a 1031 exchange at no cost to buyer.

Price History

Date
Event
Price
11/26/25
Price Change
$797,000-5.0%
11/03/25
Listing
$839,000
02/27/04
Sold
$312,000
Condition Rating
Fair

The property was built in 1954, making it 70 years old. While the listing describes it as 'well maintained' and 'runs smooth,' the provided images are only of the exterior, which appears dated but not in disrepair. There are no interior images or detailed descriptions of the kitchen, bathrooms, appliances, or other systems. Given its age and the absence of information about recent major renovations, it is highly probable that the interior, including the kitchen and bathrooms, is functional but outdated, requiring minor updates to meet current aesthetic and functional standards. This aligns with the 'Fair' condition criteria, indicating an aged but maintained property where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Prime Location & Amenities: Located in a highly desirable area near Palms and Culver City, offering proximity to the Culver Arts District, Helms Bakery, Platform, and Sony Studios, enhancing lifestyle and potential appreciation.
Development Potential: Positioned as 'ground zero for development projects' in the area, indicating significant future potential for expansion or redevelopment, appealing to builders and investors.
Immediate Rental Income: A well-maintained duplex with two 1-bedroom, 1-bath units currently rented, providing steady and immediate income for an investor or owner-occupant.
Additional Revenue Streams: Includes two single garages off the alley that generate extra income, further boosting the property's financial performance.
Excellent Public Transit Access: Situated within minutes' walk to Los Angeles Metro mass transit, offering convenient commuting options and increasing desirability.

Cons

Tenant Occupancy & Access Restrictions: The property is tenant-occupied with strict 'Do Not Disturb Tenants' and 'Do Not Go Onto Property' directives, complicating showings, inspections, and due diligence for potential buyers.
Rent Stabilization Ordinance (RSO): Subject to LA City RSO, which may limit rent increase potential and tenant management flexibility, potentially impacting long-term investment returns for some buyers.
Limited Lot Size for Expansion: With a lot size of 2125 sq ft, significant expansion or redevelopment might be constrained, despite being marketed for builders, potentially limiting the scope of future projects.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state