4928 8th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 8 bed, 6 bath
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Los Angeles, California 90043
This Modern Multi-Unit Property represents a Prime Investment Opportunity, listed at $1,499,000—positioned well below the $1,555,810 Fair Market Value by 3%. This valuation gap provides $56,810 in Instant Equity. Featuring a 2023 Construction with an Excellent Condition Rating, the property includes a 5-bedroom main house and a 3-bedroom ADU, both with Paid Solar Panels and EV Charger Readiness. This is an ideal acquisition for Buy-and-Hold Investors or Multigenerational Families seeking high-yield rental income or flexible, sustainable living in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4928 8th Avenue Subject | $1,499,000* List Price | 8 | 6 | 3,085 | $504 | - |
A 5743 Chesley Avenue Active | $1,649,000 List Price | 6 | 6 | 3,049 | $541 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2023 construction in mint condition. Both the main house and ADU feature modern kitchens with stainless steel appliances, contemporary bathrooms, and high-end systems including paid solar panels, tankless water heaters, and central HVAC.
High School: Middle College High School (9/10).
The property features two distinct homes on a single lot (5BR main house and 3BR ADU), offering exceptional versatility for high-yield rental income or flexible multigenerational living.
Built in 2023, the residence includes high-value upgrades such as paid solar panels, EV charger readiness, and tankless water heaters, ensuring lower utility costs and modern sustainability.
The assigned public schools for this address currently have low performance ratings, which may be a significant consideration for families prioritizing the local educational system.
With two large structures occupying the 6,743 sq. ft. lot, the available private outdoor yard space is relatively limited compared to traditional single-family residences in the area.
Welcome to one of the newest and most exciting properties in the highly desirable 90043 neighborhood. Built in 2023, this stunning modern property features two homes on one lot with a combined 3,109 sq. ft.,c The main home offers 5 bedrooms, 4 bathrooms, and approximately 2,109 sq. ft. of open-concept living space, including one bedroom and a full bathroom downstairs for your convieniece. The spacious kitchen features stainless steel appliances, sleek countertops, ample cabinetry, and opens beautifully to the dining and living areas, perfect for entertaining. The detached ADU offers approximately 1,000 sq. ft. with 3 large bedrooms and 2 bathrooms, a spacious open floor plan, indoor laundry, and its own beautifully designed kitchen with stainless steel appliances. Both homes include paid solar panels, central A/C and heating, tankless water heaters, dual-pane Low-E windows, recessed LED lighting, waterproof wood/vinyl flooring, EV charger readiness, and separate laundry areas. The property also features a private backyard, block wall fencing, rolling gate, attached 2-car garage, and additional parking for the ADU. "This property offers strong potential for investors interested in pursuing an SB 9 lot split and development opportunity. Buyers are advised to verify all development possibilities with the appropriate city departments. Conveniently located near Hilltop Coffee + Kitchen, Downtown LA, Culver City, Silicon Beach, LAX, and major freeways, including the 405, 10, and 110. An incredible opportunity for multigenerational living or rental income potential in one of Los Angeles’ fastest-growing neighborhoods!!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 99% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 3,085 | 1,593 | 92% |
| Lot Size | 6,743 | 6,123.5 | 70% |
| Price | $1.50M | $878.0K | 86% |
| Price per sq ft | $486 | $597 | 21% |
| Built year | 2023 | 1928 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 151 | 2% |
Jun 2, 2026
$1,499,000
Initial Listing
Jun 1, 2026
$1,575,000
Initial Listing
May 31, 2022
$652,000
Public Record