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8940 S Western Avenue, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath

8940 S Western Avenue, Los Angeles, California 90047 home-pic-0
ACTIVE$814,900
8940 S Western Avenue, Los Angeles, California 90047
0Bed
0Bath
2,400Sqft
3,000Lot
Year Built
2006
Close
-
List price
$815K
Original List price
$839K
Price/Sqft
$340
HOA
-
Days on market
-
Sold On
-
MLS number
RS25038516
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $814.9K(42th), sqft - 2400(63th), beds - undefined(50th), baths - undefined(50th).

RENTS RECENTLY INCREASED - A perfect property for either owner occupied or investment! Modern Duplex built in 2006, featuring a total of 2,400 square feet of living space. One of the units is generating a whopping $3300 rent per month while the other unit is vacant that has a performa rent of $3700. Each unit is thoughtfully designed and features 3 bedrooms and 2 bathrooms, providing ample space for residents. Both units are equipped with in-unit laundry facilities, enhancing convenience for tenants. The property includes parking in the rear with additional street parking, ensuring ample space for residents and guests. Situated on a 3,000 square feet lot, the duplex is located in a central Los Angeles neighborhood, offering easy access to local amenities, schools, and public transportation with easy access to downtown and airport. This property presents an excellent opportunity for investors seeking rental income or homeowners looking for additional space.

Nearby schools

3/10
La Salle Avenue Elementary School
Public,•K-5•0.2mi
1/10
Manhattan Place Elementary School
Public,•K-5•0.4mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.2mi
1/10
Century Park Elementary School
Public,•K-5•1.4mi
1/10
Horace Mann Junior High School
Public,•6-8•1.5mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.5mi
2/10
George Washington Preparatory High School
Public,•9-12•1.2mi
2/10
Morningside High School
Public,•9-12•1.8mi
2/10
Inglewood High School
Public,•9-12•2.7mi
9/10
Middle College High School
Public,•9-12•4.0mi

Price History

Date
Event
Price
10/14/25
Price Change
$814,900
02/20/25
Listing
$839,000
01/27/22
Sold
$735,000
11/29/11
Sold
$235,000
06/09/06
Sold
$250,000
08/06/02
Sold
$56,000
03/28/00
Sold
$65,000
Condition Rating
Good
The property was built in 2006, making it 18 years old, which aligns with the 'Good' condition criteria. The description highlights it as a 'Modern Duplex' with 'thoughtfully designed' units and in-unit laundry, suggesting a well-maintained interior. While no interior images are provided to assess kitchen and bathroom specifics, the age and description imply move-in readiness. The exterior images show some minor wear on the fence and sidewalk, but these are cosmetic and do not detract significantly from the overall structural integrity or functionality of the property.
Pros & Cons

Pros

Strong Income Potential: The property offers significant rental income, with one unit generating $3300/month and the other having a proforma rent of $3700/month, making it highly attractive for investors or owner-occupants seeking additional income.
Modern Construction: Built in 2006, this duplex is relatively new, suggesting modern building standards, fewer immediate maintenance concerns, and contemporary design compared to older properties in the area.
Desirable Unit Configuration & Amenities: Each unit features 3 bedrooms and 2 bathrooms, along with in-unit laundry facilities, which are highly sought-after features for tenants and contribute to higher rental demand and value.
Central & Accessible Location: Situated in a central Los Angeles neighborhood, the property provides easy access to local amenities, schools, public transportation, downtown LA, and the airport, enhancing its appeal and convenience.
Ample Parking: The property includes dedicated parking in the rear, complemented by additional street parking, which is a significant advantage and convenience in a dense urban environment like Los Angeles.

Cons

Current Vacancy & Proforma Rent: One unit is currently vacant, meaning immediate income is not fully realized, and the $3700/month rent is a proforma estimate, requiring effort to secure a tenant at that rate.
Small Lot Size: The 3,000 square feet lot is relatively compact for a duplex, potentially limiting outdoor space or future expansion opportunities for residents.
Recent Price Reduction: The property's list price was recently reduced from $839,000 to $814,900, which could indicate initial overpricing or a lack of strong buyer interest, potentially signaling a longer time on market.

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