
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 | $369 | - |
A 431 W 81st St Sold | $920,000 | 7 | 3 | 2,539 | $362 | 0.2 mi |
B 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.
income & Owner-User Opportunity – 8410 S. Grand, Los Angeles, CA Excellent duplex built in 2002, featuring two spacious 3-bedroom, 2-bathroom units, each with a private garage, in-unit laundry, and comfortable layouts ideal for families or roommates. The property offers modern construction with lower maintenance needs, providing a turnkey experience for investors or owner-users alike. Both units present ample living space and layouts that appeal to long-term tenants, while the 3-bedroom configuration creates strong rental demand and upside potential. Rents can be repositioned to market rates, offering significant income growth opportunities for the next owner. This duplex is ideal for an owner looking to occupy one unit while generating rental income from the other, or for an investor seeking a stable, cash-flowing asset in a high-demand South Los Angeles rental market. Conveniently located near major transportation corridors, shopping, and schools, this property combines location, functionality, and upside in one attractive package.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,780 | 1,907 | 67% |
| Lot Size | 4,106 | 5,170 | 7% |
| Price | $1.10M | $770.0K | 84% |
| Price per sq ft | $396 | $362 | 56% |
| Built year | 2002 | 1930 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 191 | 2% |
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