8217 Towne Avenue, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

8217 Towne Avenue, Los Angeles, California 90003 home-pic-0
ACTIVE$628,888
8217 Towne Avenue, Los Angeles, California 90003
0Bed
0Bath
964Sqft
2,501Lot
Year Built
1925
Close
-
List price
$629K
Original List price
$629K
Price/Sqft
$652
HOA
-
Days on market
-
Sold On
-
MLS number
DW25145044
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $628.9K(30th), sqft - 964(7th), beds - undefined(50th), baths - undefined(50th).

Proudly presenting 8217–8219 Towne Avenue, a meticulously upgraded and centrally located duplex DELIVERED COMPLETELY VACANT—ideal for both savvy investors and owner users. Situated in the heart of Los Angeles, this well maintained property showcases pride of ownership and an excellent value-add opportunity with ADU potential in the spacious detached two-car garage.The front unit, 8217, has been extensively renovated with all-new lumber and drywall, updated electrical and plumbing systems, energy-efficient double-pane windows, and new insulation throughout the walls and roof. The interior boasts custom kitchen cabinetry with granite countertops, a fully remodeled bathroom, laminate flooring, washer/dryer hookups, and a powerful mini-split AC system for year-round comfort. The rear unit, 8219, mirrors the high-end finishes with matching custom kitchen cabinets, granite counters, dual-pane windows, mini-split AC, and in-unit laundry connections. Both units are bright, clean, and completely move-in ready—offering immediate flexibility for rental income, multi-generational living, or house hacking.To top it off, the detached two-car garage presents a prime opportunity for an additional income-producing unit or guest house with ADU conversion potential (buyer to verify). Properties like this vacant, upgraded, and with expansion upside rarely hit the market.

Price History

Date
Event
Price
06/28/25
Listing
$628,888
12/09/21
Sold
$465,000
09/11/15
Sold
$230,000
06/24/02
Sold
$116,000
Condition Rating
Excellent

Despite being built in 1925, the property has undergone an extensive and recent renovation, including new lumber, drywall, updated electrical and plumbing systems, new insulation, and energy-efficient double-pane windows. Both units feature custom kitchen cabinetry with granite countertops, modern appliances (visible range hood), and fully remodeled bathrooms. Flooring is new laminate or tile, and both units have modern mini-split AC systems. The overall condition, as described and depicted in the images, is virtually new and move-in ready, meeting current quality standards.
Pros & Cons

Pros

Vacant Delivery: The property is delivered completely vacant, offering immediate flexibility for owner-occupancy, house hacking, or securing market-rate tenants without lease obligations.
Extensive Modern Renovations: Both units have undergone extensive renovations, including updated electrical, plumbing, double-pane windows, new insulation, custom kitchens with granite, remodeled bathrooms, and mini-split AC systems, ensuring move-in ready condition and reduced immediate maintenance.
ADU Potential: The spacious detached two-car garage presents a prime opportunity for an Accessory Dwelling Unit (ADU) conversion, significantly increasing potential rental income or providing multi-generational living space.
Income-Generating Duplex: As a duplex, the property offers immediate residential income potential, making it attractive to investors or owner-users looking to offset mortgage costs.
Central Location: Situated in the heart of Los Angeles, the property benefits from a central location, offering convenient access to city amenities and potential tenant demand.

Cons

Small Total Square Footage: With a total of 964 sqft for two units, the individual unit sizes are relatively small, which may limit appeal to larger families or command lower per-unit rents compared to more spacious options.
Age of Original Structure: Built in 1925, despite extensive modern renovations, the underlying structure is nearly 100 years old, which could lead to unforeseen maintenance issues or concerns typical of older properties.
Limited Lot Size: The 2501 sqft lot size is relatively small, potentially limiting outdoor living space, yard amenities, or future expansion beyond the existing ADU conversion potential.

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