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9312 Pace Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

9312 Pace Avenue, Los Angeles, California 90002 home-pic-0
ACTIVE$1,200,000
9312 Pace Avenue, Los Angeles, California 90002
0Bed
0Bath
3,575Sqft
4,756Lot
Year Built
2020
Close
-
List price
$1.2M
Original List price
$1.45M
Price/Sqft
$336
HOA
-
Days on market
-
Sold On
-
MLS number
DW25192641
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(92th), sqft - 3575(92th), beds - undefined(50th), baths - undefined(50th).

************ BACK ON THE MARKET SUBJECT TO SUCCESSFUL CANCELATION OF CURRENT ESCROW*****TAKING BACK UP OFFERS***** ****PRICE REDUCTION ****PRICE REDUCTION****PRICE REDUCTION****PRICE REDUCTION****PRICE REDCTION**** PRICE REDDUCTION**** *****************************EACH UNIT HAS ITS OWN GAS,ELCTRIC METER, AND WATER METER!************************************* EXCELLENT TRIPLEX INVESTMENT OPPORTUNITY! NEWLY BUILT IN 2020! APROXIMATELY 3,575 sq. FEET (PER PLOT PLAN ) FRONT DUPLEX , BOTH UNITS ARE 4 BEDROOM AND 2 BATH EACH, HIGH CEILINGS, Each UNIT HAS INSIDE LAUNDRY, THIRD UNIT IS A DETACHED, 2 BEDROOM ONE BATH IN THE BACK, EACH UNIT HAS ITS OWN GAS,ELCTRIC METER, AND WATER METER! LAMINATED FLOORING CLEAN AND RECENTLY PAINTED,NO CARPET, NICE KITCHEN CABINETRY APPLAINCES TO REMAIN! NFPA 13D FIRE SPRINKLERS INSIDE AND OUTSIDE A MUST SEE PROPERTY! IDEAL F0R AN INVESTOR OR LARGE FAMILY, ALL FENCE IN EAZY TO MAINTAIN. MOTIVATED SELLERS. (DOWN STAIRS 4 BED UNIT HAS A BEDROOM AND A BATHROOM AS AN ADU OWNER WILL REVERSE THAT BEFORE CLOSE OF ESCROW)

Price History

Date
Event
Price
10/16/25
Price Change
$1,200,000-17.2%
08/26/25
Listing
$1,450,000
09/11/20
Sold
$810,000
Condition Rating
Excellent
This property was newly built in 2020, making it only 4 years old. The description explicitly states 'NEWLY BUILT' and the images confirm a pristine, modern condition throughout. The kitchens feature contemporary white shaker cabinetry, stainless steel appliances, and clean countertops. Bathrooms are equally modern with stylish vanities, updated fixtures, and tiled showers/floors. Laminated flooring, fresh paint, high ceilings, and modern light fixtures are consistent across the units, indicating no deferred maintenance and meeting current quality standards. The property is essentially new construction.
Pros & Cons

Pros

New Construction: Built in 2020, this property offers modern construction standards, minimizing immediate maintenance and repair concerns for a new owner.
Triplex Investment Opportunity: An excellent triplex configuration provides significant income potential with three distinct rental units, ideal for investors or large multi-generational families.
Separate Utilities: Each unit is equipped with its own gas, electric, and water meters, simplifying tenant billing and reducing landlord utility management responsibilities.
Diverse Unit Mix & High Ceilings: The property features a versatile unit mix (two 4-bed/2-bath units and one 2-bed/1-bath unit) with high ceilings, appealing to a broad range of tenants and enhancing living spaces.
Modern Finishes & Safety Features: Units boast laminated flooring, fresh paint, nice kitchen cabinetry, and NFPA 13D fire sprinklers, offering a move-in ready condition and enhanced safety.

Cons

Prior Escrow Cancellation: The property is back on the market due to a cancelled escrow, which may signal underlying issues with the property, title, or previous buyer's financing, requiring careful due diligence.
Significant Price Reduction & Motivated Sellers: Multiple price reductions from the original list price and explicit mention of 'motivated sellers' suggest potential challenges in valuation or market demand, indicating a need for thorough market analysis.
Required ADU Reversal: The seller's commitment to reverse an existing ADU setup in one unit before closing introduces a potential complication, delay, or unexpected issue during the escrow process.

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