2960 8th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 2 bath
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2960 8th Avenue
Los Angeles, California 90018
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,400Sq Ft
7,427Lot Size
Property Price
LIST PRICE$1,399,900
EST. MARKET VALUE
$1,306,868
7% AboveMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $1,399,900—positioned above the $1,306,869 Fair Market Value. Despite the premium, the property features a Mint Condition Rating following a comprehensive, permitted remodel including new HVAC, roof, and plumbing. The expansive 7,427 sqft corner lot offers significant ADU Potential with a separate entrance, perfect for generating rental income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with long-term development upside.
Estimated Market Value
$1,306,868
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2960 8th Avenue Subject 3 bd · 2 ba · 1,400 sqft · $933 | $1,399,900* List Price | 3 | 2 | 1,400 | $933 | - |
A 2912 W 30th Sold 3 bd · 2 ba · 1,352 sqft · $817 · 0.1 mi | $1,105,000 | 3 | 2 | 1,352 | $817 | 0.1 mi |
B 3722 Degnan Boulevard Sold 3 bd · 2 ba · 1,445 sqft · $799 · 0.6 mi | $1,154,000 | 3 | 2 | 1,445 | $799 | 0.6 mi |
C 3037 11th Avenue Sold 3 bd · 2 ba · 1,610 sqft · $783 · 0.2 mi | $1,260,000 | 3 | 2 | 1,610 | $783 | 0.2 mi |
D 2511 11th Ave Sold 4 bd · 3 ba · 1,722 sqft · $767 · 0.5 mi | $1,320,000 | 4 | 3 | 1,722 | $767 | 0.5 mi |
E 2128 W 30th Street Sold 3 bd · 2 ba · 1,456 sqft · $707 · 0.7 mi | $1,030,000 | 3 | 2 | 1,456 | $707 | 0.7 mi |
F 2337 W 29th Place Sold 3 bd · 2 ba · 1,583 sqft · $837 · 0.4 mi | $1,325,000 | 3 | 2 | 1,583 | $837 | 0.4 mi |
G 2345 W 30th Street Sold 3 bd · 2 ba · 1,286 sqft · $816 · 0.4 mi | $1,050,000 | 3 | 2 | 1,286 | $816 | 0.4 mi |
H 3617 Cimarron Street Sold 3 bd · 2 ba · 1,178 sqft · $891 · 0.7 mi | $1,050,000 | 3 | 2 | 1,178 | $891 | 0.7 mi |
I 2238 W 28th Street Active 4 bd · 3 ba · 1,532 sqft · $734 · 0.6 mi | $1,124,999 List Price | 4 | 3 | 1,532 | $734 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a complete permitted remodel including a new kitchen, bathrooms, HVAC, roof, plumbing, and gas lines. With all major systems updated and modern finishes throughout, it meets the criteria for mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7427, living area = 1400.
- Comprehensive Turn-Key Renovation
The property has undergone an extensive permitted remodel including new HVAC, roof, plumbing, gas lines, and windows, providing a move-in ready experience with all major systems updated.
- Significant ADU Potential
Situated on a generous 7,427 sqft corner lot with a separate entrance on 29th Street, the property offers an ideal layout for adding a second dwelling or ADU to generate rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7427, other record lot size in square feet = 7500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 970. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Low School Ratings
The assigned public schools for this location, including the middle and high schools, currently hold low performance ratings, which may be a deterrent for education-focused families.
- High Price Per Square Foot
At a list price of approximately $1,000 per square foot, the property is positioned at a premium for the area, which may challenge buyers looking for more interior living space at this price point.
About 2960 8th Avenue
Beautiful Single-family home Located on a corner lot, Three bedroom and 1 and a half bath with a 2-car garage. This house has been completed remodeled with new kitchen, bathrooms, new Hvac, Roof, plumbing, Gas line, new floors, Window and new blinds with permits and we have completed Termite already. If you would like to add a second property or ADU the property has plenty room with a separate entrance located on 29th street Perfect for a family that wants to produce a second income.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 7,427 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Sixth Avenue Elementary School
Grades K-5 • 0.2 mi
3/10
Virginia Road Elementary School
Grades K-5 • 0.8 mi
5/10
Tom Bradley Global Awareness Magnet School
Grades K-5 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,670.836 |
| Lot Size | 7,427 | 6,152.156 |
| Price | $1.40M | $1.34M |
| Price per sq ft | $1000 | $807 |
| Built year | 1940 | 1941 |
| HOA | $0 | $238 |
| Days on market | 15 | 56 |
Pricing History
Listed for Sale
Oct 25, 2026
$1,399,900
Initial Listing