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8230 Compton Avenue, Los Angeles, California 90001, Los Angeles, 90001 - bed, bath

8230 Compton Avenue, Los Angeles, California 90001 home-pic-0
ACTIVE$1,150,000
8230 Compton Avenue, Los Angeles, California 90001
0Bed
0Bath
2,154Sqft
4,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Income Potential: The property is advertised with a potential to generate up to $9,450 in monthly rental income, with the added security of potential Section 8 tenancy, ensuring consistent cash flow.
Top Cons:
Unit Count Discrepancy & Permitting Risk: The property is described as a '4 unit investment opportunity' but listed with a 'Duplex' subtype, which could indicate unpermitted units or a misclassification, posing potential legal and permitting challenges.

Compared to the nearby listings

Price:$1.15M vs avg $714.0K (+$436,000)93%
Size:2,154 sqft vs avg 1,323 sqft86%
Price/sqft:$534 vs avg $50164%

More Insights

Built in 1923 (102 years old).
Condition: This property features two brand-new units (built in 2025) with luxury finishes, including Calacatta Quartz countertops, griege cabinetry, new stainless-steel appliances, modern black hardware, vinyl wood-style flooring, mini-split AC, and bathrooms with Calacatta Pietra tile and LED touchscreen smart mirrors. These units meet the 'newly built' criteria for an excellent score. The second unit is also described as 'ready to move in' with granite countertops and stainless-steel appliances, indicating a good condition. While the front house has long-term tenants and older updates, the significant investment and new construction in the majority of the property (3 out of 4 units being new or recently updated) elevate the overall condition to excellent, showcasing minimal physical depreciation and meeting current quality standards.
Year Built
1923
Close
-
List price
$1.15M
Original List price
$1.27M
Price/Sqft
$534
HOA
-
Days on market
-
Sold On
-
MLS number
DW25244663
Home ConditionExcellent
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood

About this home

Incredible 4 unit investment opportunity in Florence - Graham just South of Los Angeles. This investment property offers the potential to generate up to $9,450 in monthly rental income, and may be supported by Section 8 tenancy, delivering consistent, secure cash flow. This beautifully improved property features a front house with 2 bedrooms | 2 bathrooms. A second unit with 1 bedroom | 1 bathroom. Plus two brand-new Units (built in 2025) each a stylish 1 bedroom | 1 bathroom home with luxury finishes and modern amenities throughout. Property Highlights Front House 2 bedroom | 2 bath with long-time loyal tenants. Features granite countertops, tile flooring, washer and dryer connection. Second Unit 1 bedroom | 1 bath delivered ready to move in. Includes granite countertops, tile flooring, washer & dryer, wall AC, stainless-steel refrigerator & stove, microwave, and mounted TV. Two Brand-New Units, each features 1 bedroom | 1 bath with Calacatta Pietra tile shower & floor. Beautiful kitchen with Calacatta Quartz countertops, griege cabinetry, and brand-new counter-depth appliances refrigerator, stove, range hood. Mini-split heating & air conditioning in bedroom and living room. Marble vanity with LED touchscreen smart mirror. Vinyl wood-style flooring and modern black hardware throughout. Color-adjustable uplighting and spacious closet with lighting. Electric water heater, garbage disposal, stainless-steel sink + soap dispenser. Individual electric & gas meters and all-electric units. Hardwired Ring camera, smoke/CO detectors, and large attic storage. Additional Details Total of three (3) units delivered ready to move in at closing. Energy-efficient, all-electric two new Units with split AC/heating systems. Beautifully finished interiors with marble, quartz, and designer lighting. Prime location near schools, shopping, and public transportation. Perfect for investors, multi-generational families, or owner-occupants seeking rental income. Enjoy modern living, high-end design, and reliable income opportunity all on one fully improved property in the heart of Los Angeles.

Price History

Date
Event
Price
05/27/21
Sold
$599,000
08/24/20
Sold
$350,000
Condition Rating
Excellent
This property features two brand-new units (built in 2025) with luxury finishes, including Calacatta Quartz countertops, griege cabinetry, new stainless-steel appliances, modern black hardware, vinyl wood-style flooring, mini-split AC, and bathrooms with Calacatta Pietra tile and LED touchscreen smart mirrors. These units meet the 'newly built' criteria for an excellent score. The second unit is also described as 'ready to move in' with granite countertops and stainless-steel appliances, indicating a good condition. While the front house has long-term tenants and older updates, the significant investment and new construction in the majority of the property (3 out of 4 units being new or recently updated) elevate the overall condition to excellent, showcasing minimal physical depreciation and meeting current quality standards.
Pros & Cons

Pros

High Income Potential: The property is advertised with a potential to generate up to $9,450 in monthly rental income, with the added security of potential Section 8 tenancy, ensuring consistent cash flow.
New Construction & Modern Amenities: Two of the four units are brand-new (built in 2025, assuming recent completion) featuring luxury finishes, Calacatta Quartz countertops, mini-split heating/AC, smart mirrors, and modern appliances.
Multi-Unit Investment Opportunity: Comprising four distinct units (2-bed/2-bath, 1-bed/1-bath, and two new 1-bed/1-bath units), this property offers diversified income streams and flexibility for investors or multi-generational families.
Individual Utilities & Energy Efficiency: The two new units are all-electric with individual electric and gas meters, and energy-efficient split AC/heating systems, promoting lower operating costs and tenant responsibility.
Prime Location & Views: Situated in a prime Los Angeles location near schools, shopping, and public transportation, the property also offers desirable 'City Lights' and 'Neighborhood' views.

Cons

Unit Count Discrepancy & Permitting Risk: The property is described as a '4 unit investment opportunity' but listed with a 'Duplex' subtype, which could indicate unpermitted units or a misclassification, posing potential legal and permitting challenges.
Existing Long-Term Tenants: The front house is occupied by 'long-time loyal tenants.' While stable, this may imply below-market rents, potential rent control limitations, and challenges for a new owner to increase income or occupy the unit.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price of $1,275,000 to $1,150,000, which could suggest overpricing or a lack of buyer interest at the initial price point.

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