
Los Angeles, California 90003
This Modern Residential Income Duplex is a premier asset in South Los Angeles, featuring a List Price of $1,099,997 and a $1,024,536 Fair Market Value. Reflecting the premium of its 2002 construction, the property holds a Fair Condition Rating, providing a distinct maintenance advantage over older area inventory. Each unit offers a high-demand 3-bedroom, 2-bathroom configuration with Private Garages and In-Unit Laundry near Los Angeles Unified schools. This turnkey opportunity is perfectly suited for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a stable, modern multi-family acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8410 S Grand Subject | $1,099,997* List Price | 0 | 0 | 2,780 | $367 | - |
A 227 229 E 81st Sold | $1,125,000 | 0 | 0 | 2,292 | $491 | 0.6 mi |
B 431 W 81st St Sold | $920,000 | 7 | 3 | 2,539 | $362 | 0.2 mi |
C 127 E 95th Street Sold | $820,000 | 0 | 0 | 2,304 | $356 | 1.0 mi |
D 154 E 82nd Place Active | $899,999 List Price | 8 | 4 | 2,894 | $311 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2002, making it 22 years old. According to the provided criteria, properties built over 20 years ago without a major recent renovation fall into the 'fair' category. While the listing description claims the property is in excellent condition and 'turnkey,' the absence of interior images makes it impossible to verify modern updates to the kitchen, bathrooms, or flooring. The exterior and aerial views show a well-maintained but standard 2000s-era structure, suggesting that while functional, the systems and finishes are likely reaching the end of their original 20-year lifespan.
Built in 2002, this property offers significantly lower maintenance requirements and more modern building standards compared to the older housing stock typically found in South Los Angeles.
The duplex features two spacious 3-bedroom, 2-bathroom units, a configuration that is highly sought after by families and maximizes rental income potential.
With private garages and in-unit laundry for both units, the property is perfectly set up for an owner-occupant to live in one unit while generating substantial rental income from the other.
The list price of approximately $1.1 million is a high entry point for the 90003 zip code, which may impact the immediate cap rate and require a larger capital outlay.
With a 2,780 sqft building on a 4,106 sqft lot, there is very little yard or common outdoor area, which may be a drawback for tenants with pets or children.
SMART DUPLEX INVESTMENT | TWO 3-BEDROOM UNITS | RENTAL UPSIDE | ONE OF 7 PROPERTIES Well-maintained duplex at 8410 S. Grand, built in 2002, featuring two spacious 3-bedroom, 2-bathroom units. Each unit includes a private garage, in-unit laundry, and functional layouts appealing to families, roommates, and long-term tenants. Potential to reposition rents toward market levels as leases turn over, creating an opportunity for increased income and long-term appreciation. Ideal for cash investors pursuing a buy-and-hold strategy or owner-users seeking rental income from the second unit. Conveniently located near transportation, shopping, schools, employment centers, and neighborhood amenities. Offered individually or as one of seven properties available in a package. 2 Units | 2 x 3BR/2BA | Built 2002 | Private Garages | In-Unit Laundry | Rental Upside | Buy-and-Hold Potential | Cash Buyer Opportunity
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,780 | 2,187.451 |
| Lot Size | 4,106 | 5,841.385 |
| Price | $1.10M | $841.5K |
| Price per sq ft | $396 | $385 |
| Built year | 2002 | 1928 |
| HOA | $0 | $0 |
| Days on market | 170 | 85 |
Mar 23, 2026
$1,099,997
Initial Listing
Jul 27, 2009
$278,000
Public Record
Apr 14, 2006
$550,000
Public Record
May 21, 2003
$260,000
Public Record