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8820 Beach Street 2, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

8820 Beach Street 2, Los Angeles, California 90002 home-pic-0
ACTIVE$770,000
8820 Beach Street 2, Los Angeles, California 90002
0Bed
0Bath
2,636Sqft
6,335Lot
Year Built
1997
Close
-
List price
$770K
Original List price
$799K
Price/Sqft
$292
HOA
-
Days on market
-
Sold On
-
MLS number
DW25233444
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $770.0K(50th), sqft - 2636(75th), beds - undefined(50th), baths - undefined(50th).

EXCELLENT PROPERTY FOR INVESTORS AND OR SAAVY BUYERS LOOKING TO SAVE SOME MONEY ON THIS PONTENTIAL FOR INCOME PRODUCTING PROPERTY. IT DOES NEED SOME TLC BUT PROPERTIES OVER ALL ARE IN GOOD BONES. BOTH UNITS NEED A BIT OF LOVE BUT ONCE THESE PROPERTIES GET THEIR TLC, THEY SHOULD LOOK GREAT! PROPERTIES ARE LOCATED WITHIN DRIVING DISTANCE TO STORES, SHOPPING CENTERS, RESTAURANTS, METRO LINK, ETC., THEY HAVE A GOOD AMOUNT OF SQUARE FEET PER UNIT, OVER 1,200 EACH. INSIDE IS ROOMY AND PARKING IS LOCATED ON THE FRONT OF THE PROPERTY; YOU CAN EASILY PARK OVER 4 CARS IN IT. THE BACK UNIT DOES HAVE A BIT OF SPACE FOR BBQs' ENJOYMENT. DONT LET THIS OPPORTUNITY PASS BY!

Price History

Date
Event
Price
11/05/25
Price Change
$770,000-3.6%
10/06/25
Listing
$799,000
05/07/98
Sold
$195,000
Condition Rating
Poor
Built in 1997, this property is 27 years old. The listing explicitly states it 'needs some TLC' and 'both units need a bit of love,' with the AI analysis confirming 'extensive renovation required' and 'not turnkey ready.' While it mentions 'good bones,' the need for extensive renovation implies that major components, systems, and interior finishes—especially kitchens and bathrooms—are likely in poor, outdated, or non-functional condition, requiring substantial repairs and rehabilitation. The lack of interior images prevents a detailed assessment but supports the textual indicators of significant work needed.
Pros & Cons

Pros

Income-Producing Duplex: This property is explicitly marketed as an 'income-producing property' and is a duplex, offering immediate potential for rental income from two separate units.
Spacious Units: Each unit boasts over 1,200 square feet, providing ample living space for tenants, which is a strong selling point in the rental market.
Ample Off-Street Parking: The property offers significant parking capacity, easily accommodating over 4 cars, a valuable amenity in Los Angeles.
Strategic Location: Conveniently located within driving distance to stores, shopping centers, restaurants, and the Metro Link, enhancing its appeal to potential tenants.
Recent Price Adjustment: The list price has been reduced from $799,000 to $770,000, indicating a potential opportunity for a savvy buyer or a motivated seller.

Cons

Extensive Renovation Required: The property explicitly states it 'needs some TLC' and 'both units need a bit of love,' indicating significant renovation costs and effort will be required.
Not Turnkey Ready: Given the need for extensive renovations, the property is not ready for immediate maximum income generation, requiring an initial investment period before optimal rental returns.
Potential for Deferred Maintenance: The description implies a history of deferred maintenance, which could lead to unforeseen repair expenses beyond cosmetic upgrades.

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