4928 8th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 5 bed, 4 bath
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4928 8th Avenue
Los Angeles, California 90043
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
5Beds
4Baths
3,085Sq Ft
6,743Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,399,000
SUMMARY
This 2023-built Dual-Unit Property represents a High-Potential Investment Opportunity, listed at $1,399,000—positioned well below the $1,378,375 Fair Market Value by -1.5%. Featuring a 5-bedroom main residence and a detached 3-bedroom ADU, this asset offers significant rental income potential or multigenerational flexibility. With a Mint Condition Rating, the property includes paid solar panels and EV charger readiness. While local school ratings are modest, the modern construction and development upside make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Estimated Market Value
$1,399,000
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 |
|---|---|---|---|---|---|---|
★ 4928 8th Avenue Subject | $1,399,000* List Price | 5 | 4 | 3,085 | $453 | - |
A 5732 Hillcrest Drive Sold | $1,280,000 | 4 | 3 | 2,574 | $497 | 0.8 mi |
B 5314 S Victoria Avenue Sold | $1,175,000 | 5 | 4 | 2,283 | $515 | 0.4 mi |
C 5334 Chesley Avenue Active | $1,695,000 List Price | 5 | 4 | 3,145 | $539 | 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.
2023 new construction in mint condition. Features a modern kitchen with stainless steel appliances, contemporary bathrooms with designer tile work, and brand-new systems including central HVAC, tankless water heaters, and paid solar panels.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Dual-Unit Income Potential
The property features a 2023-built main residence plus a detached 3-bedroom ADU, offering exceptional flexibility for high rental income, multigenerational living, or a potential SB 9 lot split.
- Modern Energy Efficiency
Equipped with paid solar panels, tankless water heaters, and EV charger readiness, this newer construction significantly reduces long-term utility costs and appeals to eco-conscious buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 8.
- Underperforming Local Schools
The assigned public schools carry low ratings (mostly 1-3 out of 10), which may deter families who prioritize high-performing educational districts.
- Market Stagnation
Despite the significant price improvements, the property has remained on the market for over 50 days, which can lead to buyer hesitation regarding its perceived market value.
About 4928 8th Avenue
OVER $175,000 PRICE CUT — Exceptional Value for Newer Construction with ADU in 90043. This is your opportunity to own a beautifully designed 2023-built property featuring two separate homes on one lot with a combined 3,109 sq. ft. in one of Los Angeles' most desirable and rapidly growing neighborhoods. The main residence offers 5 bedrooms, 4 bathrooms, and approximately 2,109 sq. ft. of thoughtfully designed living space, including a first-floor bedroom and full bathroom ideal for guests or multigenerational living. The open-concept floor plan showcases a spacious kitchen with stainless steel appliances, sleek countertops, abundant cabinetry, and seamless flow into the dining and living areas, creating the perfect space for everyday living and entertaining. The detached ADU offers approximately 1,000 sq. ft. with 3 bedrooms, 2 bathrooms, its own private entrance, indoor laundry, and a beautifully appointed kitchen with an island, making it ideal for extended family, rental income, or guests. Both homes feature paid solar panels, central heating and air conditioning, tankless water heaters, dual-pane Low-E windows, recessed LED lighting, waterproof luxury vinyl flooring, EV charger readiness, and their own laundry areas. The exterior includes a private backyard, block-wall fencing, a rolling security gate, an attached two-car garage, and additional parking for the ADU. This property also presents potential SB 9 lot split and future development opportunities. Buyers are encouraged to verify all possibilities with the appropriate city departments. Conveniently located near Downtown Los Angeles, Culver City, Silicon Beach, LAX, Hilltop Coffee + Kitchen, and major freeways including the 405, 10, and 110, this property offers outstanding flexibility for owner-occupants, multigenerational households, and investors alike. Now offered at $1,399,000, this is one of the best values available for a newer construction property with a detached ADU in the area. Don't miss this exceptional opportunity! OPEN HOUSE: SATURDAY 8/29 AND SUNDAY 8/30 FROM 1 TO 4 PM. See you there.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- 6,743 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Angeles Mesa Elementary School
Grades K-5 • 0.3 mi
3/10
Forty-Second Street Elementary School
Grades K-5 • 0.6 mi
2/10
Fifty-Ninth Street Elementary School
Grades K-5 • 0.9 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,085 | 1,664.159 |
| Lot Size | 6,743 | 6,066.556 |
| Price | $1.40M | $1.35M |
| Price per sq ft | $453 | $806 |
| Built year | 2023 | 1939 |
| HOA | $0 | $278 |
| Days on market | 100 | 55 |
Pricing History
Listed for Sale
Jul 8, 2026
$1,399,000
$1,475,000
-5% Price Drop
Initial Listing
Price Change
Jun 24, 2026
$1,475,000
$1,499,000
-2% Price Drop
Initial Listing
Price Change
Jun 2, 2026
$1,499,000
Initial Listing
Price Change
Jun 1, 2026
$1,575,000
Initial Listing
Sold
May 31, 2022
$652,000
Public Record